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Rob
Sounds like a sweet deal. That is a lot to fix up.
I bought my 82 242 turbo for $3700. But the previous owner rebuilt the engine, installed new wiring harness, catalytic converter, windshield, turbo.
THe car was babied by him, but was left outside in the Oregon rain.
The car was not perfect either. I have repaired the sunroof since the gearbox and cables making awful noises, going ot have to replace door hinges, outside trim, got some minor electrical problems and fuel things to work out.
Clutch: up to $300 depending on what type you get and if you install or mechanic does. U can get a Centerforce Dual Type II for a good price and that will hold up for a long time and more power if you modify the engine!
Racks are spendy. Try Import Parts Specialities in Idaho. They have good prices on most anything Volvo. Also, search the net for Jorgen steering. (I still need to find that catalog)
They sell racks and steering gears for almost every manufacturer.
3 row Nissen brass radiator is $200 or more. Blower motor is the main thing. It takes so long to get to it is a main pain. I have personally not done it, but have heard many others complain on this board about it. Underhood wiring harness can be had on ebay used for $100 or so, or iPd new for $250
Rear bushings need to be pressed in, or you could use some magic tools for replacing them that people have created.
Turbos can last a long time. It all depends on how they were treated. Meaning, on engine startup was it allowed time to get good oil to the turbo and on shutdown allowed time for cooler oil/water to reciruclate and cool down the bearings. Turbos can last a long time with clean air and oil and proper warm-up/cool down.
Total money to invest would probably be close to $1000-$1200, if you did most of the work.
does it have any other electrical gremlins?
To give you an idea. Since buying the 242 7 months ago, I have probably purchased $500-600 dollars of parts and perishables (fluids, belts).
If I got any prices wrong, or other things, others more knowledgeable please correct me.
hope it works out for you. the Turbo 240s RULE!
take care
happy holidays for you
Luke
82 242T 161K miles
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