97ramsst

iTrader: (12)

I have a 92 Formula I have descided to sale. Its a 1992 Formula, LO3 5.0, 700R4, WS6, PW, PL, PM. I bought the car with the idea of robbing the front and rear bumpers and PW off of it and using them on my 87, but this car is just to nice to part out IMO. I certainly needs some work but its a good car. The body is very good and straight with no rust except for a tiny bit on the drivers side floor pan...again very minor. The passengers side quarter panel has had som minor body work done and is primered. Of course being a Formula it has the power buldge hood on it. The tires are good..the front ones are nearly new. The interior has been removed but is all there except the front carpet (I think...there maybe some minor piece missing but I believe its all there), but truthfully if your going to restore the car most of it except the plastic needs to be replaced.

Ok now for the bad...the car doesnt run as it is. The fly wheel is busted and it needs to be replaced. The car wouldnt crank when I bought it because the flywheel being busted allowed the torque converter to slip back a 1/2in or so and when you would spin the starter it wouldnt actually turn the motor over. I got under it and checked it out and slid the TQ back up and turned it over and it fired up but I had to switch it right back off. SO it will crank up and run but you will have to fix the flywheel first. (It looks like to me they used a flywheel for a 2pc rear seal motor and I THINK thats why it busted...wrong flywheel.) Nothing else at all appears damaged running gear wise...but again I havent driven the car. If no one wants it as is I will probably change the flywheel next weekend...but the price will certainly go up then.

I would keep the car and fix it up but I have two 3rd gen projects ahead of it already...and one is a red Formula (I dont need two!) If anyone is interested I will take $1000 for it...and consider trades. If your in the area and dont have a way of picking it up we can work something out I am sure.

97ramsst

iTrader: (12)

97ramsst

iTrader: (12)

97ramsst

iTrader: (12)

Also the car has a clean title and I have the original rims for it too if thats a deal maker or breaker.

I would also entertain REASONABLE offers...PM if you have any genuine intrest in the car.

97ramsst

iTrader: (12)

TTP....would anybody be interested at $750????

ConvertibleROC

got a picture of the motor?

97ramsst

iTrader: (12)

I will get you some tomorrow, but its a bone stock and complete L03 305...nothing is cut or missing from the AC to the emmissions equipment. And its actually pretty clean.

97ramsst

iTrader: (12)

DMitchell05

I would jump all over this in a heartbeat.

However, I live in Knoxville,TN ... which is about a 6 1/2 hr drive, or so. I think I could overcome that, but the real problem is getting the vehicle up here.

I saw that you are at $750 now. Is there anyway I could pay you more to put in the proper flywheel for it to run so I could drive it back up to Knoxville? I don't own a trailor or anything, and to be completely honest, I don't know enough about cars to do it properly. What would the price be for this, honestly?

97ramsst

iTrader: (12)

If I put the flywheel in it I am not going to take anything less than $1250 for the car if it runs and drives like it should. Its not a $500 job but I just hate to spend a Sat doing it....but it looks like I am going to have to.
As of right now I wouldn't want to sell it to you to drive back to Knoxville...I have never driven the car and wouldnt know if its THAT road worthy or not (thats a pretty long drive from south GA). But when I get the flywheel changed I will drive it some and see what I think and let you know. I have no reason in the world to believe it wouldn't be fine, but I sure wouldnt want to tell you it would be without putting some miles on it around here first.

Raptor Pilot

At that rate you're better off paying him a little extra for his trouble to take it to a local shop to be fixed, then pay him for the car where it was fixed, then pay the garage, then drive it home.

97ramsst

iTrader: (12)

No...the way that work would be pay me for the car...at that point its yours...then I will be happy to carry it anywhere you want local and leave it with them and you settle up with them when they get it fixed. The $750 price is a "where is, as is" price...I have been completely open and honest about the car but I have never driven it. So to put it frankly its a bit of a gamble for the buyer. If I put the flywheel in I will be able to make sure everything works fine and the potential buyer will be able to crank it up and drive it...well worth the $500 to a lot of people. If I get it in there and there is another problem well I will have to deal with that...so its worth it to me just let it go as is and make somebody a deal on it.

And to be perfectly honest if it runs and drives like it should it should bring more than $1250 selling it local, I have seen cars much worse for sell for a lot more here.

Raptor Pilot

Well, I didn't put a ton of thought into the logisitics before I replied to be truthful, but I wasn't far off overall. The point of the reply was to more or less point out the odd logic that if you have it fixed yourself then you will sell it for more, but on the other side of the coin youd be willing to drop it for someone to have it fixed for them with no added cost to the car except for them paying for the repair.

Good luck with your sale. Sincerely. I'm not flaming, but the logic just confuses me here.

97ramsst

iTrader: (12)

The logic is very simple...a drivable running car is worth more than a non-driver because there is minumal risk associated with it. The cost of parts and labor at a shop would probably be in the $200 range....BUT when you get fixed and start driving it there could very well be something wrong with it I had no idea about. So I am willing to sell it at a lower price taking that "risk" into account. If I fix it and can drive and verify that there is nothing else wrong with the value of the car goes up considerably...much more than just the cost of the repair. If I fix it and start driving it and find out the tranny is shot (which is purely hyothetical!) then I have waisted my time and the car is junk...so there is risk for me too (thats why I am willing to sell the car for "as is" right now for less than I could if I fixed the flywheel.) I think thats pretty simple and straight foward logic to anyone that understand how risk effects price (same thing with intrest rates...if your a higher risk then you pay higher intrest rates if you finace a car...its all about risk.)
The guy I bought it from said it drove and ran fine before the flywheel busted...I took him at his word but bought it with the idea that it was junk and was going to part it out. After messing with the car a little I really think the car is a good car just needing a little repair...I could care less about fixing the car and keeping it. So I figured I would give somebody a deal on it that may want to fix it and keep it. At $750 somebody can buy the car and do the repair and probably have a very solid project car. If they do fix it and it needs something else they still arent too deep into it not to be able to still make money parting it out. Besides 91 and 92 Formulas are pretty rare...the bumpers alone are worth nearly the asking price.

Not trying to flame either...just explaining my position a little better.

birdlvr

if i had the money ryt now, i would come and get that off your hands today !

TA4me

F.W.I.W.

I agree with the others. I think It looks like a good deal at $750 As-Is. I agree that if you did the work it would of course, be worth more. If I wasn't in PA, that would be pretty tempting. I've got an 88 Formula now that needs paint but runs awesome. That would be a nice 2nd project. The body looks very nice.

By the picture of the Flexplate though, it looks like the correct one to me. Unless I'm seeing it wrong, it appears that it has the butterfly weight which would indicate that it is the correct flexplate for the 2pc rear main seal. (The older pre-87 flexplates do not have the butterfly weight). I'm curious as to how it got that way though? The only time I've seen one that looked like that was when someone installed one with only 3 bolts at it was flexing until it finally gave out.

Bump for a good deal. Wish I was closer or knew someone that was coming up from Fl to PA with an empty trailer. I'd have them trailer it back for me.

97ramsst

iTrader: (12)

It may very well be the right flexplate...I thought it was wrong because it had (I am thinking) 6 TC bolt holes instead just 3. The only othe flywheel I have ever messed with on a one piece rear main motor only had 3 holes (and the 79 motor I built for my 87 Formula had one with extra holes just like this one.) But I was just guessing so you are very likely right. As to what caused it break...I have no idea! Nothing is locked up or in a bind and it looks like all the bolts holding it to the crankshaft are in it.

Anyway thanks very for the imput and the bump!

djtricia

iTrader: (4)

That flywheel looks just like the one on my 91 305 roller motor. As for what caused it to break, it could have been from someone revving it up in neutral and dropping it in gear. Or reverse to drive. Wish it was closer and a tpi car. Good luck.

mw66nova

iTrader: (13)

or...the tranny bell housing bolts could have backed out, which i've had happen on me before.

i would LOVE to have this car. i have the correct flexplate sitting at the house right now and i've got the knowledge/tools to fix it. the only thing i'm lacking right now is...$750, and a way to bring it to warner robins.

what are you looking for in trades?

88 350 tpi formula

iTrader: (9)

I won't lie and say I'm super interested but how about some int. pictures? if it was tpi I would have picked it up already..... hummmmm now I am really thinking about it

97ramsst

iTrader: (12)

The bell housing bolts are still in and tight...so I doubt it was that. I think the post above about revving the engine and dropping it in gear or reverse to drive is probably what got it.
I would certainly be interested in trades if you have something I need or want, but as of right now I have someone that is very interested in the car and is planning on coming down from Ohio to get it. If for any reason that falls through I will let you know. Getting it up to Warner Robbins wouldnt be a problem. I have a truck and trailer:

mw66nova

iTrader: (13)

well, that fixes one problem...but we're still missing the $$$ so it probably won't happen. let me know if the deal falls through though.

97ramsst

iTrader: (12)

No problem...I will but it looks like the deal is done. He put a deposit on the car yesterday and is planning to come get it sometime next month.