General LSX Automobile Discussion Non-technical LSX related topics.

A couple questions about a '94 Formula I'm looking at...

Thread Tools
 
Search this Thread
 
Old 02-23-2007, 11:33 PM
  #1  
12 Second Club
Thread Starter
iTrader: (1)
 
Speedmonster185's Avatar
 
Join Date: Jan 2006
Location: Lafayette/West Lafayette, IN
Posts: 1,090
Likes: 0
Received 0 Likes on 0 Posts

Default A couple questions about a '94 Formula I'm looking at...

First is the price. The car is in great shape, no mechanical problems. 80k miles. It's a local guy that goes to my college and is in my car club. He said he was planning on asking $6200 (it isn't actually for sale yet, but I am looking so he told me about it). Is it worth that, or is that high? Or low maybe? lol I was looking for about $5k or under, but it's fairly close so he told me about it.

Second is, he said every once in a while the SES light will come on. It's the only things he knows of on the car that is wrong. He said he checked it out with a computer one time and it said it was an EGR malfunction of some sort. Is that something to be worried about, or is it not really a problem?
Old 02-24-2007, 12:20 AM
  #2  
Staging Lane
 
LT1powered89's Avatar
 
Join Date: Feb 2006
Location: Ringgold, GA
Posts: 62
Likes: 0
Received 0 Likes on 0 Posts
Default

I would try to talk him down on the price a little. The EGR malfunction could just be buildup in the tube. I have heard of taking the EGR tube off and blowing it out with and air hose and not having anymore problems.
Old 02-24-2007, 07:21 AM
  #3  
12 Second Club
iTrader: (13)
 
LS1Formulation's Avatar
 
Join Date: Apr 2006
Location: Grand Rapids, Michigan
Posts: 2,424
Received 436 Likes on 349 Posts

Default

That's about $2500 too high in my opinion. You can get an LS1 car with 100K for 6 grand.
Old 02-24-2007, 09:14 AM
  #4  
TECH Enthusiast
iTrader: (7)
 
bamalt1's Avatar
 
Join Date: Jul 2006
Location: Ft. Huachuca, AZ
Posts: 539
Likes: 0
Received 0 Likes on 0 Posts

Default

I wouldn't pay that much for it. I just paid $7k for a 98 z28 with Fikse Fm5's and a Borla exhaust. It has 114k miles.
Old 02-24-2007, 10:56 AM
  #5  
12 Second Club
Thread Starter
iTrader: (1)
 
Speedmonster185's Avatar
 
Join Date: Jan 2006
Location: Lafayette/West Lafayette, IN
Posts: 1,090
Likes: 0
Received 0 Likes on 0 Posts

Default

Hmm... ok. The reason I like the idea of this one more than others is because the guy is in my car club and I know how he treats the thing. I saw it last fall and it was almost perfect still, so thats a big plus.




All times are GMT -5. The time now is 06:12 PM.