Should I buy this '93 LX with no motor for $1500?

[90mustangGT]

The guy that I have been buying his parts from now decided he doesn't want to deal with the car anymore. He wants $1500 for it. It is a black on black '93 LX hatch about 150K miles. It needs a longblock and the ulpolstry is worn out in the front seats. It has a good T-5 and 4.10 gears, Chrome Cobra R's wheels, shifter, and maby a few other things. It's been hit in the front, it is fixed externally but the radiator support has been messed up and then hammered back.

Needless to say, it will need some work. As far as parts all it needs is a longblock. I was thinking if I got it fixed up I could sell it for at least $3800-4000. I was thinking of putting my longblock in it and getting a new shortblock with AFR heads, and by transferring the old but good engine to the Black '93 I could get away with no loss.

Should I buy it?

 

[Black_Bullit]

No. Not for $1500 IMO.

 

[90mustangGT]

No. Not for $1500 IMO.

What do you think would be a better more reasonable price?

 

[JJHALL2479]

I would not pay 1500, there is one that has 150,000 miles here for sale for 2500. It runs and interior is perfect just needs a good cleaning

 

[chaka]

If the car was not in an accident then even 1500 would be a bit pricey. I wouldn't pay him more then $750, and even then would be reluctant.

 

[Black331Stang]

whatttttt u poeple are nuts...go for it 90. maybe try and bring em down to like 11-1200.. it was a minor accident u said and teh radiator suuper is messed up or just bent a little?? can that be replaced or thats part of teh frame?

i dunno where u guys live but around here 2500 aint gonna buy u a mint interio'd, sweet running stang.
-just think if he bought it for 12...he could even sell the BLACK interior for like 700, the chrome cobra Rs for 4-500 and be even already....
-Minor accident, exterior is good (meaning fixed), nice interior, sweet rims for under 1500??? pretty decent steal in my book. and i say u are right on about what u can sell it for.
good luck

 

[MrKwik]

I would say that if it was a light hit and can be fixed so that its right and you you want a project to fix it and drive then go for it. If you just want to fix it and sell it I would say walk away. You will probably have more in it than you think and a 150k mile car thats been wrecked wont pull a premium price.

 

[Smokedawg]

Give him a grand for it...

-Smoke