In Reply to: keep it posted by Dragos on November 21, 2000 at 17:17:33:
OK, my car has 210,000 miles on it, but the engine and tranny only have 70,000. Interior and exterior are that of an e34 with 25,000 miles on it. Now Im looking to put $4000-$5000 into it for rims($2200), side skirts($500), timing belt change($350), and basically make this car mechanically new by putting in new O2 sensor, control arms, suspension usuals, etc.
At this point the car won't be a 200kmi car anymore. The only thing that would make a difference would be torsional stiffness - but that hardly changes in 20 years..
Or I could use that $4000-5000 and $5500 that I bought the car for ($10,500 total) and get an e34 with lets say 100,000 miles. What would you guys do?
You probably won't be getting all of the money you paid on the car so keep it and make it new(er). That 5000 you could use for so many things - for instance, rear diff is probably the old one (?) Make sure the drive train is in top shape, don't look only at the suspension. Engine mounts have probably been changed with the new engine.
How about the cat - you may want to check that too.
Start from ground up - along with the timing belt change the water pump, all of the hoses and so on.
Also, I know you guys will say save and get the M50, but the M20 isnt real bad in my opinion, most cars today dont have 169 HP, and thats not slow, and I dont pump the car up to 100MPH and race people, so its not a big deal. I mean if the M20 were a 4 cylinder, ok then, that would be a difference, but theyre both V6 and the difference isnt as big as everyone makes it out to be, now between a 525 and 535, thats a difference.
The thing is we buy horsepower but we drive torque. So a 535 is always nicer but if the engine you have now is that new of freshly rebuilt - stick with it, you'll save a lot.