Well, 3 weeks ago I purchased a 1996 GTX with 126 hours for $1,300. Ran great until started experiencing rough idle, loss of high range RPM, loss of power, etc. Started with the basics, changed oil filter, fuel filter, new fuel plugs, and then cleaned the Rave valves. OK nothing work, I'm sure you guys have heard all this before. I did a Compression test, I got 135 in #1 Cyl, 7 in #2 Cyl.
Option 1: So I'm thinking Piston and Rings replacement in #2 Cyl. Estimate from a mechanic (no I can't do it myself) is around $600. He is willing to do it, but leery that it will last or rather be a reliable repair I guess. I can't quite figure him out.
Option 2: The other option is a crate motor from SBT, the 787 is $850, plus the gasket, shipping etc and the guy said he could have it done for $1500 total (with cost of engine)
Option 3: Sell it with the trailer As-IS for like $500 roughly
I don't know how much these 1996's are really worth. I don't have alot of money. Thought It would have a nice toy for $1,300. But even if I just did the engine from SBT, I would be up to $2,800 or so. I'm worried that these 787's are just not a great engine design or something. I may be better off cutting my losses, maybe if I sell it for 500, I would have only lost 800.
Can anyone give me some ideas on the Options I should go with that would be Cost Effective and SMART? I don't want to through good money at a waste. Thank you so much!
Option 1: So I'm thinking Piston and Rings replacement in #2 Cyl. Estimate from a mechanic (no I can't do it myself) is around $600. He is willing to do it, but leery that it will last or rather be a reliable repair I guess. I can't quite figure him out.
Option 2: The other option is a crate motor from SBT, the 787 is $850, plus the gasket, shipping etc and the guy said he could have it done for $1500 total (with cost of engine)
Option 3: Sell it with the trailer As-IS for like $500 roughly
I don't know how much these 1996's are really worth. I don't have alot of money. Thought It would have a nice toy for $1,300. But even if I just did the engine from SBT, I would be up to $2,800 or so. I'm worried that these 787's are just not a great engine design or something. I may be better off cutting my losses, maybe if I sell it for 500, I would have only lost 800.
Can anyone give me some ideas on the Options I should go with that would be Cost Effective and SMART? I don't want to through good money at a waste. Thank you so much!
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