water pump
Thread Starter
Heel & Toe
Joined: Jun 2013
Posts: 17
Likes: 0
water pump
I have a 1992 LT-1 vette. I just bought it for 5500. I found out it needs a water pump and ox sensor, and tune up. This is costing me 2200. So i have almost 8 grand in this now,will i be able to sell it for 9 or 10???It has 120,000 miles.
Melting Slicks
Joined: Mar 2008
Posts: 2,351
Likes: 222
From: Delta B.C. Canada
2023 C7 of the Year Finalist - Unmodified
2019 C4 of Year Finalist (appearance mods)
2015 C4 of Year Finalist
Sounds like you are getting hosed on the work. A WP should cost you a couple of hundred for the item. They are not difficult to replace. Hardest part is getting ALL of the old gasket material off of the block mating surface. An O2 sensor should not be more than $150. Make sure you really need one before you buy. (There are two.)
There is not a lot to "tune up" on a LT1....essentially plugs and wires. Changing those can be a pain though, due to restricted working space.
If you cannot do the work yourself, then this car is going to cost you $$$. Hopefully you didn't buy it to flip it.
Good luck.
Race Director
Joined: Sep 2008
Posts: 10,777
Likes: 5
From: Wichita Ks
I hope you haven't had the work done yet because like 92ragtop said your getting HOSED. Maybe half that would make more sense and even that could be high just depending on what was done on the entire job.
Burning Brakes
Joined: Apr 2011
Posts: 917
Likes: 25
From: College Station Tx
Getting hosed big time and I don't think you have much of a chance to get that much back out of the car. You don't buy these cars expecting to get back what you put into it. If so, you might want to unload it before you put more into it.
Melting Slicks
Joined: Jan 2009
Posts: 3,482
Likes: 196
From: folsom california
If you don't do your own mechanical work, and if money's an issue..and you are concerned about resale value, and don't want to keep the car (very) long term, cut your losses ; unload it before you put a boatload of more money in it.
Pro
Joined: Oct 2012
Posts: 648
Likes: 6
From: weems va
Drifting
Joined: Apr 2006
Posts: 1,257
Likes: 7
From: Bluffton,SC
Why would the next guy pay 9 or 10?
maintenance type repairs add no value.
You would be ahead financially to sell it now to a "do it yourself" buyer and just tell him what it needs.
You may be able to get close to your money back rather than spend another 2200 and still have a 5500 car.
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Le Mans Master
Joined: Sep 2004
Posts: 6,019
Likes: 566
From: Conroe Texas
5500 for a 92 with 120k miles, and needing repairs,,,NOT a good buy. my son and i recently bought a 94 6-speed for 3k but it will have a new engine, rear end, all suspension ( poly and heim joints ) and brakes ( rotors/caliper/pads/bearings/u-joints ). will have 9-10k in it when all is said and done but it will be basically a new 94 and the op thinks he can get 9-10k flipping his?
Safety Car
Joined: Oct 2000
Posts: 4,234
Likes: 355
From: Albuquerque, NM
Good advice above. Look for someone else to work on it.
I have brand new in-the-box AC Delco waterpump for a '92 LT1 ('92 waterpump is one year only) I'd sell for $225 shipped if you really do need a waterpump.
I have brand new in-the-box AC Delco waterpump for a '92 LT1 ('92 waterpump is one year only) I'd sell for $225 shipped if you really do need a waterpump.
Thread Starter
Heel & Toe
Joined: Jun 2013
Posts: 17
Likes: 0
well there is distributor cap, new hoses, and other stuff, but i agree its too much.I think i rushed into this a bit fast, but i still have a bit less then 8000 in it and it is in top condition now. I think i will be happy with it.
Race Director
Joined: Sep 2008
Posts: 10,777
Likes: 5
From: Wichita Ks
With 8K in the car your not going to make money on the car but thats not a bad place to be either. If it's in nice condition just enjoy the car because these vettes are just a blast to drive. My 93 is just the most enjoyable car I've ever owned and I've had more than my fair share over the years.
Le Mans Master
Joined: Jul 2005
Posts: 5,193
Likes: 16
He said only the cap...still a lot of money for the work..I had the trans replaced for 1800.00 with a new converter...if you plan on keeping the car you're going to have to work on it yourself. I bought a 92 vert with 80K on it for 5500.00 and have dumped at leat another 10 into it...and will never get it back...get the service manuals..and tools..and post up any probs..there is always an answer here..
