To buy or not to buy?

[96floridacar]

There is a 1989 Mustang lx for sale. It needs a paint job but it has no rust, no dents. Body is straight.

Needs a muffler.

When I test drove it, the transmission is slipping bad. It is also leaking radiator fluid and some transmission fluid.

They owner said he replaced some seals on the transmission. I'm thinking he didn't do a good job and thats why it is leaking thus slipping????

The convertible top is in good shape. Looks good and goes up and down with no problem.
Has a/c but not blowing cold air. The compressor is not locked up.

Brakes are good

Seats up front are torn.

they only want $600 for the car. What do you think?

I am willing to put in like 1,500 bucks to fix it. Wondering how much it will need including a 400 paint job?

Should I buy it?

 

[Delray Dude]

the price is right. you can always replace the transmision and the other stuff. I bought my 88 'vert for 900 and it needs a top - but i never put the top up.

 

[96floridacar]

thanks

Thanks but the guy sold it before I could get off work.

I found another 1989 2.3 Mustang coupe. It needs a/c and in Florida you can't really live without it.

Whats the worst case scenario for having to replace the a/c as far as cost goes? Am I looking at 700 bucks? More? Less?

Thanks,

 

[fess40]

For around $750 or so you can get a kit that will convert it from R12 to R134A. It usually includes a new compressor, condensor, lines, and stuff. Surely a repair won't cost more than that, short of labor.

 

[Delray Dude]

where in Florida are you.

I'm near Ft. Lauderdale. depends upon what is wrong with the A/C. Converting to 134 isn't too bad - usually all is required is a new line with the expansion valve and a drier (assuming the compressor is good) - those can be had for less than 200. the compressor can be had for another 100 or 200. then it's time and effort plus new 134a. I'd recommend getting a fan out of a lincoln Mark VIII because the weak stock fan will not get enough air flow over the condenser to blow any decent cold air down here out the vents.