Should I buy this EVO?

My friend is selling his 03' EVO 8. I am thinking of getting into this car knowing it is a project. The outside of the car needs work and has a couple things to fix. It needs a paint job and it has a pretty big scratch on the right side that covers both doors. He took it to a shop and got an $800 estimate to fix it. Also on the outside it is missing the weather stripping on the roof. It has BBS rims with a bit of curb rash. The inside is clean as far as the seats. The head liner is coming off though and the factory radio isnt working. Also the rear left window does not work.
The car has 83,000 miles. He blew the stock motor and swapped in a SBR 2.4l block. This setup has only 2500 miles. The motor is fully built. It has cams, pistons, rods, 1600cc injectors, headstuds, valvesprings with a ported head, new water pump, reserve and head gasket with a gasket kit. Tranny and transfer case are perfect. Needs a new Walbro fuel pump soon and the clutch needs a rebuild soon. The air conditioning is missing a piece to it for it to work like normal. The car currently has a blown stock turbo. My friend ran out of money and cannot afford to keep working on this car. So I am going to buy it. I want to have it on E85 so I would need a double pumper and a new fuel system. Also I am thinking of putting in an FP Black. I think I should be in the 500hp range with this set up. This is my goal for now.
Since the car needs some work my friends is leaving the car for me for $8500. I looked around for prices on all the stuff I need to buy and it looks like 4-5 grand will get me running pretty good. I already have a car (Nissan Versa) and this is my daily driver. I want the EVO to be my fun toy. I will be able to afford it. Do you think I should buy it? I am really considering buying the car. I would like for some opinions and for some help.
Last edited by bryantbesu; May 26, 2011 at 09:35 AM.
If its going to be a "fun toy" then I think that would be ok if your ok with dumping the $ into it to get it where you want. 500 on a black on a 2.4L is easy to hit. At the same time.. being a 2.4L motor its definitely not a daily car.. thats a weekend toy setup.
With the double pumper you shouldn't need a new fuel system unless the factory line are crapping out or something honestly.
With the double pumper you shouldn't need a new fuel system unless the factory line are crapping out or something honestly.
Yea the fuel lines suck and need to be replaced. The money issue isnt going to be so bad after all. I want the EVO to be my fun weekend car and to mess around with the expensive cars in Miami. lol
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