New LS1 Owners - Newbie Tech Basic Technical Questions & Advice
Sponsored by:
Sponsored by:

Im thinking about getting this..

Thread Tools
 
Search this Thread
 
Old Feb 11, 2009 | 01:00 PM
  #1  
STREET99's Avatar
Thread Starter
Launching!
iTrader: (3)
 
Joined: Jan 2009
Posts: 297
Likes: 0
From: Des Plaines, IL
Default Im thinking about getting this..

What do u guys this. I have been into Mustang all my life and now want to look into a LS1's. I saw this and thought that it was a dam clean car, had a clean Carfax report, and Just looked good all around. Just one real thing that bugs me is the mileage, but I have been told that those engines can had high mileage well, if they are taken care of well. Also that doing a rebuild is not to expensive or difficult. Im just looking for some advice about this and what people think of this car. I have been told by my other buddies who all have WS6's and Camaro's etc...That I should go there to the dealership and offer them $7500 CASH(Which I have and would not be a problem)..So post up so advice for me and what u guys think.

heres the car:

http://www.autotrader.com/fyc/vdp.js...standard=false
Reply
Old Feb 11, 2009 | 01:24 PM
  #2  
allbaugh_04's Avatar
TECH Fanatic
15 Year Member
iTrader: (6)
 
Joined: Apr 2007
Posts: 1,546
Likes: 19
From: Omaha, NE
Default

looks like a clean car. i'd go up there test drive it and see how you like it. make the offer, couldn't hurt, looks somewhat clean. i think you'll have to give more than 7500 though...let us know how it works out.
Reply
Old Feb 11, 2009 | 03:34 PM
  #3  
HaulinHawk's Avatar
11 Second Club
 
Joined: Apr 2004
Posts: 579
Likes: 0
From: tampa fla
Default

Looks clean.Take them the 7500 cash,i bet they take it.Market really sucks right now,u got the advantage.Car already has a lid too.
Reply
Old Feb 11, 2009 | 03:54 PM
  #4  
johnnybravo's Avatar
Launching!
 
Joined: Dec 2006
Posts: 228
Likes: 0
From: Hoosier Daddy....
Default

Start out offering them 6,000, then go up from there. I'll bet they will take 7,650 for it. Most dealers will drop about fifteen percent off their asking price. Be sure to lowball them first and work your way up.

Just remember they need you more than you need them. Take your time, don't appear to be anxious to get it. Be civil to the salesman. Point out a few "flaws", like high mileage, worn tires, stuff like that. Just don''t go overboard on them.

Give it a shot. good luck.
Reply
Old Feb 11, 2009 | 04:10 PM
  #5  
thunderstruck507's Avatar
11 Second Club
iTrader: (18)
 
Joined: Mar 2008
Posts: 8,358
Likes: 27
From: Northwest AR
Default

I wouldn't pay more than about $7500 for it if its nearly flawless. Over 100k, z28, automatic (I like autos but they're generally worth less, and with that mileage the tranny will be needed a refresh soon).

These cars have gotten really cheap. If it has something wrong with it keep looking and no way in hell pay what they're asking.

EDIT: I'd be a little more lenient, forgot it was an 02 so that helps some.
Reply
Old Feb 11, 2009 | 04:29 PM
  #6  
allbaugh_04's Avatar
TECH Fanatic
15 Year Member
iTrader: (6)
 
Joined: Apr 2007
Posts: 1,546
Likes: 19
From: Omaha, NE
Default

i'd definitely check and see if the tranny has been refreshed yet..idk if they'd bother telling you that.

don't walk away because it's an auto either
Reply
Old Feb 11, 2009 | 04:34 PM
  #7  
STREET99's Avatar
Thread Starter
Launching!
iTrader: (3)
 
Joined: Jan 2009
Posts: 297
Likes: 0
From: Des Plaines, IL
Default

Ya...I forgot to say that the trans was the other thing that would worrie me if it hasn't be refreshed latley..Just curious, how much would it be to rebuild a trans? Im not sure to stock or make a Built solid trans??

and Theres no WAY in HELL I would pay that sticker price of that car..That would be insane
Reply
Old Feb 11, 2009 | 04:44 PM
  #8  
allbaugh_04's Avatar
TECH Fanatic
15 Year Member
iTrader: (6)
 
Joined: Apr 2007
Posts: 1,546
Likes: 19
From: Omaha, NE
Default

Well I'm not sure how much a local shop would charge. If you are gonna be racing a lot and wanted a strong transmission. I think most of sponsors charge approx. 1500 for a strong transmission. Look to spend another 500 or SO for a high stall converter. Then you'll be worry free and really haul *** if you intend to race it.

Also depends if you are going to do the remove and install yourself. The local shops can vary a lot and I'd imagine it isn't very much if you remove and install it yourself.

Better make some friends that know how to turn a wrench. You'll save a lot of money and learn a lot.

Not to worry you at all, i just always share the worst possible scenario. I've had mine since 2007 and no transmission issues till now. Converter isn't locking, but that's a whole other problem. It might not even be the transmission.
Reply
LS1 Tech Stories

The Best V8 Stories One Small Block at Time

story-0

Topdon ONE vs. Artidiag 800 BT2: Which is the Diagnostic Tablet For You?

 Pouria Savadkouei
story-1

Gas Monkey Built a 6-Wheel Ferrari Testarossa With a Corvette LT4 Engine

 Verdad Gallardo
story-2

7 Most Reliable High-Performance Engines GM Has Ever Built

 Verdad Gallardo
story-3

Amazing '71 Camaro Restomod Is Modern Muscle Car Under the Skin

 Verdad Gallardo
story-4

6 Common C5 Corvette Failures and What's Involved In Repairing Them

 Pouria Savadkouei
story-5

Retro Modern Bandit Pontiac Trans AM Comes With Burt Reynolds' Autograph

 Verdad Gallardo
story-6

Top 10 Greatest Cadillac V Series Performance Models Ever, Ranked

 Pouria Savadkouei
story-7

Top 10 Most Powerful Chevy Trucks Ever Made!

 
story-8

Hennessey's New Supercharged Silverado ZR2 Has 700 HP

 Verdad Gallardo
story-9

Coachbuilt N2A Anteros Is an LS2-Powered C6 Corvette In Italian Clothes

 Verdad Gallardo
Old Feb 11, 2009 | 07:33 PM
  #9  
99345hp's Avatar
TECH Fanatic
 
Joined: Jul 2007
Posts: 1,516
Likes: 0
Default

I bought my 99 M6 ss for 7500 two years ago with 106k on it. It has 141k on it now and hasn't missed a beat. Just take care of it and everything will be ok. I guess the auto trans could be a downfall, but if it was taken care of it will be ok.
Reply
Old Feb 11, 2009 | 07:49 PM
  #10  
texas99Z28's Avatar
Launching!
 
Joined: Apr 2007
Posts: 242
Likes: 0
Default

I would pay no more than $7500. Thats alot of miles for what they're asking!
Reply
Old Feb 12, 2009 | 12:10 PM
  #11  
thunderstruck507's Avatar
11 Second Club
iTrader: (18)
 
Joined: Mar 2008
Posts: 8,358
Likes: 27
From: Northwest AR
Default

My dad is a mechanic, average rebuild for a busted 4l60e is $800-1000 depending on how bad its busted. This includes upgrades and every one he builds gets a transgo kit of some sort, even if its the mildest.

He's never just rebuilt one that wasn't dead though. It cost me $500 in parts for my last one and I busted damn near everything in it.
Reply
Old Feb 12, 2009 | 05:31 PM
  #12  
my bandit's Avatar
TECH Addict
iTrader: (10)
 
Joined: Dec 2007
Posts: 2,052
Likes: 1
From: Jacksonville, Fl
Default

paying in cash also helps out alot. when you put that money down and show them that you will pay it all in cash they have a hard time saying no. also just point out some flaws in the paint, interior and stuff like that. act like you know what your talkin about
Reply
Old Feb 12, 2009 | 05:37 PM
  #13  
schmidtycamaro's Avatar
On The Tree
 
Joined: Aug 2008
Posts: 107
Likes: 0
From: Northern Virginia
Default

If they want more than $7500 tell them you have a friend who could send them a fax of what he paid for his 01 with much less mileage (me).

Just over $6000 for mine from an Infiniti Dealership.
Reply
Old Feb 12, 2009 | 06:07 PM
  #14  
01ssreda4's Avatar
TECH Senior Member
15 Year Member
Photogenic
Photoriffic
Shutterbug
iTrader: (96)
 
Joined: Aug 2007
Posts: 24,241
Likes: 89
From: Turnin' Wrenches Infractions: 005
Default

i think 7500 would be a pretty decent deal.
Reply
Old Feb 24, 2009 | 07:03 PM
  #15  
STREET99's Avatar
Thread Starter
Launching!
iTrader: (3)
 
Joined: Jan 2009
Posts: 297
Likes: 0
From: Des Plaines, IL
Default

Update for everyone: I am going to look at this car 2morrow. He has dropped the price on it about $600 since I first posted this thread. Any advice that anyone can give me on what to keep an eye out for on this car would be greatly appreciated. The most Im gonna offer him is $7K, but I am gonna Start negotiating at $6K.
Reply
Old Feb 24, 2009 | 07:23 PM
  #16  
Z28SteveA4's Avatar
12 Second Club
15 Year Member
Liked
Loved
Community Favorite
iTrader: (16)
 
Joined: Apr 2008
Posts: 1,270
Likes: 191
From: New jersey
Default

deff start at $6000 kind of be a dick about things. Pinpoint every bad thing about the car from interior to paint condition. My car was list a $9000 the day before i went to go buy they lowered it down to $8500. i went there did the samething i just said above and got the car for $7200. The car only had 61,000 on the dot and this was a year ago. Just sit there and play with him and u can pretty much get what u want
Reply
Old Feb 24, 2009 | 08:12 PM
  #17  
TireSm0ke's Avatar
TECH Enthusiast
iTrader: (1)
 
Joined: Feb 2008
Posts: 621
Likes: 1
From: Los Angeles
Default

I bought my 99 TA for 6000 cash. The dealership was asking 13,500 for it, which was WAY too much. The car had 92000 miles and was in perfect shape, but I would never have payed that much. The next day the lot was getting repo'd, so I showed up with 6k cash and they took it. This was about a year ago, and things have gotten much worse for the dealerships since then. CASH talks, Im pretty sure youll be able to walk away with a good deal. Just be patient, these dealerships are hurting but arent gonna throw a deal right at you. Good luck, and welcome to the wonderful world of the LS1!
Reply
Old Feb 25, 2009 | 12:00 AM
  #18  
STREET99's Avatar
Thread Starter
Launching!
iTrader: (3)
 
Joined: Jan 2009
Posts: 297
Likes: 0
From: Des Plaines, IL
Default

Thanks alot guys for all the info and help. Really appreciate it. I will post up 2morrow on how things turn out.
Reply
Old Feb 25, 2009 | 06:18 AM
  #19  
allbaugh_04's Avatar
TECH Fanatic
15 Year Member
iTrader: (6)
 
Joined: Apr 2007
Posts: 1,546
Likes: 19
From: Omaha, NE
Default

Originally Posted by Z28SteveA4
deff start at $6000 kind of be a dick about things. Pinpoint every bad thing about the car from interior to paint condition. My car was list a $9000 the day before i went to go buy they lowered it down to $8500. i went there did the samething i just said above and got the car for $7200. The car only had 61,000 on the dot and this was a year ago. Just sit there and play with him and u can pretty much get what u want
Actually I found a pretty beat up SS about 2 years ago. I kept offering 8 and told him all the things that were wrong with it. He said it sounds like this car isn't for you then. After an hour or so I gave up and glad I did, it wasn't the nicest car. So don't think that will necessarily work. He didn't like the idea that I was paying cash either, they want you to finance through them so they can make interest back that they lost in the deal...

it's shady ****

best of luck street99!
Reply
Old Feb 25, 2009 | 07:44 AM
  #20  
Ironxcross's Avatar
TECH Addict
iTrader: (8)
 
Joined: Jun 2006
Posts: 2,062
Likes: 1
Default

its an alright deal. IMO, its priced 2k higher than it should be. Auto cars usually go for less than manual cars. I bought mine or $6700, but thats sort of the exception from what ive seen. Offer 6k, the miles are kind of high and who knows what life it had before this. If it doesn't work out, keep looking - these cars aren't exactly rare.
Reply



All times are GMT -5. The time now is 10:47 PM.

story-0
Topdon ONE vs. Artidiag 800 BT2: Which is the Diagnostic Tablet For You?

Slideshow: We take a close look at the ONE and Artidiag 800BT2 diagnostic tools from Topdon and the reasons to buy one over the other.

By Pouria Savadkouei | 2026-05-28 11:05:11


VIEW MORE
story-1
Gas Monkey Built a 6-Wheel Ferrari Testarossa With a Corvette LT4 Engine

Slideshow: The controversial Ferrari F6 swaps its original flat-12 for a Corvette Z06-derived LT4 V8 and sends power to four rear wheels through a custom-built drivetrain.

By Verdad Gallardo | 2026-05-26 18:23:54


VIEW MORE
story-2
7 Most Reliable High-Performance Engines GM Has Ever Built

Slideshow:These GM engines didn't just make huge power, they survived abuse, boost, track days, and six-digit mileage with a reputation for refusing to quit.

By Verdad Gallardo | 2026-05-21 16:45:27


VIEW MORE
story-3
Amazing '71 Camaro Restomod Is Modern Muscle Car Under the Skin

Slideshow: This heavily modified 1971 Camaro mixes classic muscle car styling with a fifth-generation Camaro interior and modern LS3 power.

By Verdad Gallardo | 2026-05-12 18:06:42


VIEW MORE
story-4
6 Common C5 Corvette Failures and What's Involved In Repairing Them

Slideshow: From wobbling harmonic balancers to failed EBCMs, these are the issues that define long-term C5 ownership and what repairs typically involve.

By Pouria Savadkouei | 2026-05-07 18:44:57


VIEW MORE
story-5
Retro Modern Bandit Pontiac Trans AM Comes With Burt Reynolds' Autograph

Slideshow: A modern Camaro transformed into a retro icon, this limited-run "Bandit" build blends nostalgia with brute force in a way few revivals manage.

By Verdad Gallardo | 2026-04-21 13:57:02


VIEW MORE
story-6
Top 10 Greatest Cadillac V Series Performance Models Ever, Ranked

Slideshow: Cadillac didn't just crash the high-performance luxury vehicle party, it showed up loud, supercharged, and occasionally a little unhinged...

By Pouria Savadkouei | 2026-04-16 10:05:15


VIEW MORE
story-7
Top 10 Most Powerful Chevy Trucks Ever Made!

Slideshow: Top ten most powerful Chevy trucks ever made

By | 2026-03-25 09:22:26


VIEW MORE
story-8
Hennessey's New Supercharged Silverado ZR2 Has 700 HP

Slideshow: Hennessey has turned the Silverado ZR2 into a 700-hp off-road monster with supercharged V8 power and a limited production run.

By Verdad Gallardo | 2026-03-24 18:57:52


VIEW MORE
story-9
Coachbuilt N2A Anteros Is an LS2-Powered C6 Corvette In Italian Clothes

Slideshow: A one-off sports car that looks like a vintage Italian exotic-but hides a C6 Corvette underneath-just sold for the price of a new mid-engine Corvette.

By Verdad Gallardo | 2026-03-23 18:53:41


VIEW MORE