Approximate to repair a 1992 gsx with the following issues

[rgmc]

I'm being offered a 1992 eclipse gsx with the following issues for $3000:

- Turbo not working
- Black and blue smoke from the exhaust when over 3000rpm
- Idles at 1500rpm
- Transmission leaks oil
- Engine leaks oil
- 1 damaged engine mount

The interior is in good condition, the body needs some paint but it's in good condition.

Am I getting ripped off? How much money would it take (approximate, I know it's impossible to get a close value without physical examination) to get it fixed?

 

[GSXSixteenG]

Your being ripped off. It could take little things to fix what is needed. But I wouldn't pay over $1500 for a car with that many troubles.

 

[Bud92gsx]

Thats a rip off.It might cost you 1500 at a shop to get fixed..So unless the car is a one owner 50k mile car I wouldn't pay more than 1500$..

 

[SrKegler]

I wouldn't give that much. Engine rebuild, transmission repairs, new turbo, paint job. All you're really buying is a shell. Sounds like it's been beat to death.

Probably needs brakes and struts, air doesn't work or has probably been removed.

At least it's got a nice interior you can enjoy.

Offer him $500 as is, or have him repair everything.

 

[avenged5]

Riiiiiiiiiiiiiiipppppppppppp ooooooooooffffffffffffffffff. I have found some 1gs with fairly low miles for that price.

 

[Tyeler18]

I wouldn't even pay that if it was running properly. I'd consider $1200 tops.

 

[obsidian]

$1,500 is a fair price if you're mechanically inclined enough to fix these things yourself. Otherwise, walk away.

 

[rgmc]

Thanks for your replies. The owner didn't want to lower the price. Needless to say I walked away.

 

[rw87tt]

Good call. Just hang on and keep an eye in Craig's list. good deals come up all the time.