Just for fun, how much would you pay or value this car? Let's just say F355 with: (a) a blown engine, everything else is in good condition (b) a blown engine and transmission is in questionable condition, everything else is in good condition Mike
(a) a blown engine, everything else is in good condition--$5000 (b) a blown engine and transmission is in questionable condition, everything else is in good condition $-10000 in (a) above, after you put in mid-$30K for a new engine you have a $40K car. in (b) above, after you put in low-$50K you have a $40K car.
Wait, you pay less ($5k) for a car that has a good transmission? while paying more ($10k) for a car that needs engine & transmission? Shouldn't that be reversed?
He was saying: (a): $5,000 (b): ($10,000) as in negative $10k. If I was looking I would be in the $15-20K range. I would ship it to a good independent for a full rebuild with performance head work.
My colleague Mike did that with a F355 Spider (95). Blown engine, but decent transmission. I basically *gave* him all the parts to get it running again, and believe me, it was a financially losing proposition from the word "go".