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Eliminate it how? Are you wanting to remove the lock cylinder or just make the alarm system inactive? What year model are you talking about? In some years there is a relay under the center shift console and it can be unplugged along with the flasher that pulses the horn. In some years there are components behind the passenger seat in the storage area that have the flasher and relay for the alarm system. The power to energize the alarm system has wire pigtail that plugs into the fuse panel. Can't help any more without more information. Un plug the horn, either it is inside the fender by the fender switch or it is back by your antenna. "DUB"
I am going to completely remove the lock cylinder and glass it over. It is a 1975.
If I read the diagram correctly; in the unlocked position the circuit is open, so taking the lock out will simply leave the circuit open and inactive.
Am I correct?
Yes, that is correct. If you want to clean up the other components, the control key switch and anti-theft switch is there in the fender, the horn is under the car by the gas tank, and the relay and flasher is in the jack compartment.
Just make sure that you use the CORRECT type of resin for your repair. DO NOT USE POLYESTER RESIN> It does not work on Sheet Molded Compound, which is what your fender is made out of. Make sure that you taper the inside of the hole where the lock cylinder was so you do not end up with a "witness mark" area where the hole was over time. WEST MARINE has a good epoxy resin for this type of repair. You could also,if you have access to it, is use a good piece of SMC off of a part not needed and prep and bond it to the inside of the area to be covered using Fiberglass/Evercoat SMC panel adhesive. When that is cured, then fill in the hole with whatever type of filler you like. I myself would use the Fiberglass/Evercoat Vette panel adhesive/filler. Hope this was some help to you. "DUB"