The PPI results were about as expected;
- Engine runs very well
- Compression good and even (135,140,138,140,140,140psi)
- Transmission excellent
- CV joints good
- Exhaust system good
- Steering rack good
- Brakes new (incl 4 new calipers/pads/rotors/all rubber lines)
- General mechanical condition very good
- Needs major tune up (plugs, dist cap, rotor, fuel filter, valve adj.)
- Engine front cam/crank seals leaking oil
- Rear engine seals leaking oil (see pic below)
- Engine high pressure oil hose leaking oil
- Shocks need replacement
- Heater blower needs replacement
- Belts (3) need replacing
- Front hood shocks need replacing
- Rust appears to be only the couple of small areas that I noted. Shop checked everything as close as possible.
The shop estimated a total of $5-6k for all of the work listed above if they did it, but most of this I can do myself. The engine has to be dropped to replace the rear engine seals so I'll probably have a shop do that and a few other things "while they're in there" for about $3K.
Went back to the owner and told her that there were a few items that needed to be addressed. Rather than going through the list one by one (some owners hate it when a buyer "talks down their car"), I simply asked her where she wanted to be to let the car go. She said, $15K. I said fine. Deal done.
I gave the owner a deposit and I'll pick it up tomorrow evening.