Hi everyone. I have been scouring this website for many weeks. Great topics and many cool cars. I joined to ask some advice of the knowledgable members since I am looking to buy my first old school Trans Am. My first T/A was a 2002 black NHRA Special Edition which I bought with 6k miles back in 2003, but had to sell it in 2004 due to financial issues. I have always vowed to get another T/A, but one from 70s because those body styles were the coolest in my opinion.
I have the opportunity to purchase a 1979 T/A with the following upgrades:
Rebuilt 400 motor
400 Turbo Trans with shift kit
3.73 Posi rear end
Brand new carpet, sound barrier, insulation
Brand new 17x9 rims with Nitto tires
Headers with 3" exhaust
Black Dupont Chroma Premier paint
New rubber seals and body mounts
The original motor in this car was the Olds 403 based off the VIN #. This car is for sale by a dealer and the original asking price was $18k back in May 2013, but they have since dropped the price to $14k to sell the car. To me this looks like a deal too good to pass up, but it makes me wonder why no one has scooped up this car (been $14k for a month). My thought was that many collectors want everything original, and the motor and transmission in this car are not original. If I do purchase this vehicle, I plan to drive it back home. I live 300 miles away so I wasn't sure how well the car would hold up, especially with the 3.73 rear end.
I was wondering what you thought about the price of this car based off the details I shared. Is it a good price? Also, why do you think no one has bought it yet? Thanks!
