I sold a 1990 MK3 to a 18 year old that had big plans. He contacted me about 3 months later to see if I would buy the car back.
Currently (as of today) he is into the car for (including purchase price) 4600.00 and wants me to buy it back for 1200.00. The engine is torn apart to fix the BHG.. but as any MK3 owner will find out... there are a lot of other little things to do along the way.
My rule of thumb is.. if you got tools and can do it yourself.. think about 3000.00 to redo the drivetrain (to me.. that is a minimum cost). If you cant do it yourself.. consider starting more at 5200.00 but realistically, 10,000.00.
Scary numbers, but from all my research and experience with the MK3.. you either do it right, or dont do it at all. I find it extremely unlikely that any of the MK3's you have seen and said.. wow! at.. have less than 15,000 - 85,000 into their cars. (varying by degree of "wow" factor).
Just warning you, because you need to do the headgasket properly or it will almost certainly blow again. (if your removing the head). That involves a machine shop. You cant drawfile a 7MGTE block and say.. there.. that'll do. Plus, if you rebuild the head correctly.. its not like the older V8's that are what I consider fairly simplistic. You have to deal with stress fractures along with a lot of other issues.
Dont crack open a 7MGTE unless you are prepared to deal with what you find. Its usually not pretty and wont be from what I think your car is. (from your posts, still no photos or real details.. lol)
cote006;1857202 said:
hey all, so i'm thinking of selling my supra. i haven't had it for very long, but with a blown engine and no money or anything to fix it, and money getting REALLY tight, and having a lot of things to have to pay for very soon, i'm getting desperate.
from this statement, I have no idea why you would even consider doing anything but selling the pig. We havent even discussed your car's body or interior...
but.. feel free.. go ahead and waste 3000 you dont have and then sell the car for 1500.. a lot of people do.. its what keeps me in parts. : P