KelsoFC3s

i have a 1991 rx7 turbo whose motor is blown. im planning on getting it rebuilt though when i do im going all out. im going to get an 8000 dollar loan to spend on this project. I plan on spending 2000 on the rebuild,1500 on wheels and tires and about 1500 on suspension.I'm asking if there is a reliable way to achieve 250-260whp tuned with the remaining 3000-3500.Keep in mind i want it somewhat reliable considering i blew my motor..even though i am going to beat it at autocross

RotaryRocket88

iTrader: (7)

You don't need $3000 to get ~250whp.

2x 720cc injectors (~$250)
Walbro (or other) Fuel pump (~$75)
Rtek 1.7 (~$125 installed)
Manual boost controller (~$25)
Adjust boost pressure to 12psi max
---------------------------------------
~$475

RX7Tuner.

None of my business, but taking out loans for autocross cars is usually a bad idea. Perhaps selling plasma would be an alternative...

WingsofWar

DO NOT! I REPEAT DO NOT USE LOANS TO FEED YOUR CAR HOBBY! You will quickly find yourself in a heap of debt and all that money and time and effort you put into your car will be taken away in an instant.

If you cannot afford something right now, be patient and save until you can afford it. Loans will only drag you down I kid you not.

LTDuvall.USAF

Haha true or you could go to a sperm bank.

**** get paid and check out the new "Playboy of the Month"

need RX7

iTrader: (4)

Yeah, getting a loan to build a car is a bad idea. I'm the master of bad decisions, and even I wouldn't do that .

Evil Aviator

First of all, do NOT get a loan for anything that you do not NEED. While it may look like the current US government is going to take care of people who are stupid with their money, very soon there will be a breaking point at which the government can no longer provide for those who can't provide for themselves. You do not want to get caught when this trap springs.

Secondly, $2,000 for a rebuild is about as cheap as it gets, $1,500 for wheels and tires probably means that you are buying fancy wheels that you don't need, and $1,500 will not buy a top-notch suspension. What you have described is in no way, shape, or form "all out".

My advice is to fix the engine and only those other items which NEED repair in order for the car to run reliably. Do not spend a dime on unnecessary modifications until you have paid off your loan and have actual money to spend. While I may sound harsh, and I am sure that you will follow up with the typical "you don't know me" whining, I would like to point out that I have a very long and successful track record in finance and you are getting free advice that normally costs a lot of money. I offer this to you as a fellow rotorhead, so take it for what you will.

KelsoFC3s

god damn bash me guys...i don't care if you do not like my idea of getting a loan. however i'll have you know i can easily pay it back. So the past 4 posts have not helped.

need RX7

iTrader: (4)

If you could easily pay it back, why get a loan in the first place?

WingsofWar

Please dont take it the wrong way..we are not trying to bash you, we are trying to help you. Seriously a loan is a bad idea, trust us... loans to feed car modifications and repairs have only resulted bad scenarios regardless of how prepared you are to face them.

If anything, open a line of credit (credit card) and purchase your items and labor that way. This method will allow you to pay back better as you have already stated that its "easy" to pay back for you. AND it will build your credit. So in the future, if you find yourself with a very low APR on your credit line...you have less interest to pay when you want more stuff. Which is much better option rather than paying back 8000 with a 7-14% interest rate in fold.

pfsantos

iTrader: (1)

Haven't we been through this discusson before?

(runs and hides)











(sneaks back)

P.S. I would focus on reliability and replacing parts that are old and worn, including rebuilding the tranny, diff. (limited slip clutches and stuff), shocks, sagging springs, bushings, any tie rods, balljoints, bearings, make sure calipers are nice and free, cleaning up rust underneath, etc. - $8000 would go by fast. Probably better off finding a pristine FC for a bit more.

KelsoFC3s

ok first off no one tell me any more to not get a loan...im not going to go into it too much but... i get my new job in 3 weeks it's actually the start of my emt career,woohoo! Now i'm going to get a loan because i don't pay insurance, my dad does i dont pay rent, i have no bills at all to pay, i think i can pay off a loan, especialy if i get low interest which i will cause i am part of the fire fighters credit union. So i really would appreciate if people whould reply to my build rather than how i get the money for it

dawicka2

Do not get a loan. Save the money, then pay for things when you have the money. Pretty simple.

Now as far as 260whp....thats not much at all. A buddy of mine with a Bnr stage 2 turbo and a streetport got 300 to the wheels at 9lbs of boost. Thats 750.00 for the turbo + streetport cost. No where near 3,500.00. I suggest doing a lot of reasearch (on both rx7s and basic economics) prior to this build.

john ny

TIIRX7PUNK

What ever you do, get Stance GR+ coilovers. Pricey but 110% worth it.

WingsofWar

1. Of course we are going to reply on how you get money for it. You are in the RX7 forums, and unlike other forums some of us actually do inquire about other issues than that of your vehicle BECAUSE believe it or not DO CARE. And currently in this hell hole economy that we are in at least we can look out for each other outside of the realm of cars. By looking at an 8k budget which honestly IS small we ARE going to help you get the best bang for your buck IF you want the help.

2. Congrats on getting into EMT, EMT school for me was a kick in the *****.

3. As far as a reliable 250whp ....a GOOD rebuild+streetport is gona be roughly +2500 assuming the damage report on the current engine is good. Your turbo depends on you, the S5 turbo can achieve 250hp, just inspect to make sure it wasnt damaged by apex seals. Mount your turbo up with a good turbo back exhaust. Look into Plug and Play rtek ECU and some 720cc injectors, will run you around 500-800. Used is ok as long as the injectors are cleaned. Also increase cooling efficiency as much as you can that your budget allows... via... radiator/intercooler/air ducts/oil cooling/ ect. Dont forget to monitor your AFRs with a Wideband O2 for tuning, anytime you up the power (especially on a turbo car) your subject to detonation or pre-ignition. You definitely dont want 2 rebuilds in a month. When all is done get a good grippy clutch and have fun. By knowing you have 250-300whp, this will allow you to dial in your suspension/brakes/driveline better for better AutoX fun.

If you have more questions Search and FAQs are your friend, Any questions you have had already been answered..just gotta look for it.


GOOD LUCK!!

Evil Aviator

OK, there are two major items that you need to understand:
1. It is still incredibly bad to get a loan in your situation. There is absolutely no need for you to buy the items that you want all at the same time, so you could easily just upgrade in phases as your paychecks come in. Also, the engine rebuild could cost over $6,000 if a lot of the parts are ruined, so it would not be smart to buy anything else until the engine is fixed. Most personal loans are currently in the 9 to 18% APR range, and with a brand new job, no collateral, and what I would guess is a bad credit rating, you will most likely not get a good rate and it would be pretty tough to get approved for more than $5,000. Additionally, once you get the loan, you would be in big trouble in the case of an unforeseen emergency, such as getting laid off, injuring yourself, death or severe illness of one of your parents, etc. You probably thought that I did not realize your financial situation when I told you not to get the loan, but I hope that you now see that it is never smart to get a loan for unnecessary car parts.

2. Most of the people on this forum could care less about how much money you make for a living. However, your budget allocated to pay for parts is a vital piece of information needed for anybody to help you with your build-up. If you give an unrealistic budget, then you will get unrealistic responses on how to upgrade your car.

Well put. I think most of the new members are accustomed to the childish Honda forums in which everybody wants to be an online poser mad baller drifter. A lot of the other forums encourage stupid ideas because they don't know any better and they don't really care much about their fellow forum members. We may be the most blunt automotive forum on the internet, but at least it reduces the amount of stupid mistakes for those who are willing to put aside their pride and listen.

NotTTT

Yeah, and the greatest part is the people like you and I who are actually smart with our money, foot the bill for all the other fucktards. Hey, at least this guys a small step ahead of the last asshat that I wanted to string up and through his soon to be ill-gotten car parts at

https://www.rx7club.com/showthread.p...highlight=loan


And on that blunt note - don't get a personal loan for a toy. Are you out of your ******* mind? Did you ever ask your parents for an advance on your allowance to buy barbie dolls as a kid? This is ridiculous. Asking advice on how to spend money that isn't even theirs, tell you what, I'll forgo my normal billing rate - tell me the terms of the loan, and I'll quickly tell you how much this will ultimately COST you.

It's people like this that started the snowball during the clinton years that landed us in the state we're in now (& if anyone blames Bush, I will see red) - "irrational exhuberance" anyone? People like this don't buy things based on value or ultimate cost, they buy things based on what can be afford, and when you can't afford it, you just take out a loan instead. Then, when the market takes off due to inrrational demand, "exotic" loans are created to further allow you to afford something that you couldn't afford in the first place.

Shame on you. That is all.


Well, that and don't get the loan.

Evil Aviator

Well, the dirtly little secret is that those who are smart with their money can shift it into areas which are not taxable if the government makes it worth the trouble to do so. Some of my friends are doing this already. It's going to be a rude awakening when Congress realizes that the bulk of their tax base has moved their money overseas, into non-attributable durable goods or commodities, or tax-protected domestic accounts.

Yeah, this guy has finished his job training so he can actually afford the car parts if he takes his time buying them. Were I in his position I would spend my money buying a house since this is one of the best times in history to do so, and the most-likely $7,500 tax rebate would be pretty nice if it makes it through legislation. However, if he and his family are content with him sitting around the house like a bum and letting a golden opportunity like this pass him by, then so be it. I don't understand how a guy still living at home with shiny wheels on his car is more cool than a guy with his own house and a decent stock RX-7, so that must be a cultural thing.

We went over that already earlier in the thread. You came in too late, lol.

I'll give you 10:1 the loan officer at the credit union also tells him that it is a stupid reason to get a loan.

NotTTT

Agreed, I wish I didn't have to sell my house last year. In the long run though it was the right decision for many different reasons. I think the best time to buy a house will be ~10 months from right now. That's when I believe the housing market will bottom helped along by the seasonal sales cycle.

Much like any other loans though, they were sold by salespeople who were paid based on the loans they produced for the bank. Right decision or not you can't really trust the opinion of someone who stands to profit. This is my biggest gripe with commisioned financial sales agents. Most lawyers/accountants & very few financial pros' work on a fee for time basis. If they're selling anything, it's thier honest advice. Whether it's taken or not has no bearing on thier income. Unlike mortgage brokers that sold the variable rate mortgages that got most people into trouble. How many people that bough in recent years owe more on thier home than what its worth now? Think they can refinance?

The moral is, don't get the loan, and don't take the advice of people who stand to profit.