Malykaii Posted August 5, 2015 Report Share Posted August 5, 2015 94 Camaro t56 100k miles, street value? (I'm seeing numbers like $1k asking price, but I can get a cobra spec for that and a magnum/viper one for a bit more) I ask because I'll be seeing a 94 camaro tomorrow with blown head gaskets. Seller needs it gone and title has a lean, so I'll be a low ballin. Just wondering what that trans is worth should things hit the fan and I need to break even. Thanks. Link to comment Share on other sites More sharing options...
Shelby Posted August 5, 2015 Report Share Posted August 5, 2015 note these tranys come with a basket full of gear ratio's check what the ratio is on the one your looking at Link to comment Share on other sites More sharing options...
Preludedude Posted August 5, 2015 Report Share Posted August 5, 2015 If it has a lien on it, that means it has a loan outstanding on it. So it technically doesn't belong to person selling it? Am I wrong in this thinking? Link to comment Share on other sites More sharing options...
mstieg Posted August 5, 2015 Report Share Posted August 5, 2015 6-speed LT1 Camero w/ 5.7liter 350cu?94-97 trans # 1386-000-016 is what I got in Starion now. They're usually $1k-1300. If patient and including good shifter you can get a bit more likely. Took me many months to find one within driving distance (a few hours drive but got a deal on it for $850 cash), but that was a few years back. Getting harder to find yet. I'd say grab it if you can. Link to comment Share on other sites More sharing options...
Malykaii Posted August 5, 2015 Author Report Share Posted August 5, 2015 Thanks^ Just what I needed to know. Remember, I'm buying the car for the car, not the parts. I have no use for a t56. Link to comment Share on other sites More sharing options...
ucw458 Posted August 5, 2015 Report Share Posted August 5, 2015 If it has a lien on it, that means it has a loan outstanding on it. So it technically doesn't belong to person selling it? Am I wrong in this thinking? You're not wrong. If it has a lien then the lien holder has the title. Registered owner can't legally sell it without an agreement between the new owner and the lien company. Link to comment Share on other sites More sharing options...
Malykaii Posted August 5, 2015 Author Report Share Posted August 5, 2015 So I saw the car, asking $1500 with blown head gasket. So the car is a mess. All the interior trashed, the panels banged up, the engine bay filthy, and then the title lien. Wanted to buy/fix/flip the car, but there's too much work and parts needed to make a profit. Even if I parted it out, aside from the transmission, there's nothing worth a damn in it. So even if he sells for $1000 there's no profit for me. Link to comment Share on other sites More sharing options...
Skullzaflare Posted August 6, 2015 Report Share Posted August 6, 2015 So I saw the car, asking $1500 with blown head gasket. So the car is a mess. All the interior trashed, the panels banged up, the engine bay filthy, and then the title lien. Wanted to buy/fix/flip the car, but there's too much work and parts needed to make a profit. Even if I parted it out, aside from the transmission, there's nothing worth a damn in it. So even if he sells for $1000 there's no profit for me.Part out would be only way you would have gotten money, unless the lien gas a stamp and signature it can't be retitled. You would have to pay the loan off before you could even title it in your name is sell it . Otherwise it's like selling stolen property Link to comment Share on other sites More sharing options...
SidewaySStarion Posted August 6, 2015 Report Share Posted August 6, 2015 You're not wrong. If it has a lien then the lien holder has the title. Registered owner can't legally sell it without an agreement between the new owner and the lien company. Well, there are ways around it. I was given a 92 ford stRanger with an $9,500 lien on it, I turned around and put my own lien on it and then did a lien sale on it. When you do that the Bank has two options, either satisfy the lien you placed on the vehicle and take it over or let it go and let you have the vehicle to satisfy the lien. Link to comment Share on other sites More sharing options...
Malykaii Posted August 7, 2015 Author Report Share Posted August 7, 2015 ^Nice! I wasn't the least bit worried about the lein. A lot can be done. The seller bought the car from a marshal seized auction and then got a title in his name with the lein carried over. I doubt the marshal would sell a car without having to contact the lein holder first. Plus it's hsbc, which according to google, is notorious for not getting around to mailing out letters staying the lein was satisfied. I was willing to play that game, fix up then flip car... And then saw how bad it was in person. Lein or not, I didn't want that. Link to comment Share on other sites More sharing options...
screemin eagle Posted August 7, 2015 Report Share Posted August 7, 2015 Typically in New York State when an older vehicle still has a Leon on the title it is because the person who had the loan never provided the lien satisfaction paper work upon sale of the car. Even if the loan was paid that lien will stay on the title until you provide the proper documentation to the NYSDMV. The vehicle can still be sold and registered with the lien on the title. I went through this with my Yukon. I bought it from a friend and he didn't give me the lien release paper work until after I had it registered and retitled in my name. Link to comment Share on other sites More sharing options...
Malykaii Posted August 7, 2015 Author Report Share Posted August 7, 2015 ^Exactly what I figured and hoped. Link to comment Share on other sites More sharing options...
Elkidmino Posted August 10, 2015 Report Share Posted August 10, 2015 I paid $1100 for the one in the El Camino. Wrecked '95 with 86k on it. Link to comment Share on other sites More sharing options...
screemin eagle Posted August 13, 2015 Report Share Posted August 13, 2015 If you want my buddy has a killer LT1 built by JA. It's supposed to make 600 on muscle. He has headers light flywheel spec clutch. You could get it for a deal. Link to comment Share on other sites More sharing options...
taeisallin Posted August 13, 2015 Report Share Posted August 13, 2015 just curious... whats the deal? Link to comment Share on other sites More sharing options...
Malykaii Posted August 13, 2015 Author Report Share Posted August 13, 2015 Agreed, what is the deal? I can find a dozen decent camaro with engine issues. If I can buy that motor, a decent roller, assemble and flip... I'm down. Link to comment Share on other sites More sharing options...
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