Quote:
Originally Posted by tdemo1
What is the risk and would this be a reasonable project to take on?
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The risk is that the engine is blown, the transmission needs replacement, and the suspension is completely worn. If this were the situation, then you could be looking at $4000 for a salvage engine, $1000 for a transmission, and $1500 for suspension (parts only).
If you paid $4K of the car, then you'd be into it for about $10K-ish for a car that is worth (at most) $10K. That's a lot of work and risk to maybe break even.
If you can get the car for $1500-$2000 it might be worth a roll of the dice. If you still think that this is a good idea, then re-read the warnings from 78F350, Porsche9, and dghii.
Alternatively, parking $2K in Bitcoin is probably about the same risk and a lot less work.
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