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Aging '94 900 Turbo Convertible : sell or restore?
Posted by barton (more from barton) on Tue, 19 Sep 2000 12:38:57 

I just got the dreaded 'call from the mechanic'...I knew it was going to 
be expensive since the car was going in for a 120K service, but....

The car:

1994 900 Turbo Convertible, Black w/ Tan Top, 5 Spd. 

The list of things to fix:

New/Rebuilt 5 spd tranny (reverse is gone) 
'New'/rebuilt Turbo (waste gate ready to go)
Head gasket
New convertible top (wearing out in left/right rear)
Power steering pump leak, rack may be bad
Exhaust Heat Shield
Rear brakes/rotors
SRS Crash Sensors cleaned/serviced (SRS Light on)
Front tranny mount
Sway arm bushings

Body re-painted (no rust, 1 minor dent, no accidents)   : $2000?



The questions:

Are the estimates correct? (I know I can get cheaper tranny/turbo,
but they won't be rebuilt or come w/ warranty of any kind).

Is it worth it?

If I were it sell it today, what would it be worth?

A mint condition, low mileage version of this car appears to be
going for about $9k. What would the car be worth after all the 
work is done but w/ 120K miles on it?

I realize these are highly subjective questions -- of course, it all
depends on how much one likes the car, wants to keep it, etc. However,
I have been rear-end'ed twice in Saabs (86, 91) that I had put substantial
money into at similar mileages, both cars totaled, both times I had
more into the cars than it was worth to the insurance company/BlueBook, 
and I got stuck with a loss both times. 

What would you do?

thx in advance for any input, insight, encouragement, discouragement
or otherwise...

-barton


-// Barton C. Fiske, Technology Mgr 
-// Internet Appliances, Market Solutions
-// barton.fiskeno39sdcx6spamx782East.Sun.COM
-// Set the controls for the heart of the Sun

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