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i just bought a 93 240 wagon sitting for a year on an off. last 5 months solid sitting.
here is your checklist since carfax is clean:
1. bring a good jack with you
2. crawl under the car and inspect the: controls arms, and all other parts that make up the suspension. rust per se is not bad it is the degree of rust you want to know. certain nasty suspension parts are not expensive to replace used and not that hard either.
3. inspect the floor for rot and rust. the undercoating is quite good on these so the floor should be decent
4. remove the wheels and inspect the calipers, rotors. they should be rust covered. get a large channel lock wrench and try to push the brake pads back into the caliper frame. this will quickly give you a sense IF any of the pistons a re frozen. this is not infallible but useful
5. note levels of brake pad wear
6. get is started with a jump if you can, now measure with a volt meter whether the alternator and VR is charging normally.......14.5 volts give or take ..you need not run it long to do this
7. if you buy it you will: change the oil and filter, forthwith.. siphon out the gas and replace with fresh, flush the cooling system forthwith, and TRY to flush the brake system of all its old fluid.
8. to flush the brakes you should have a pressure bleeder...search this site, and i suggest a propane blowtorch you can use to carefully heat up the bleeder screws because they will be rusted solid and you do not want to break them.
9. check the steering rack for leaks
10. check the oil pan for excessive rust and rot
11. MAKE SURE the oil pressure dash light alights at start up and goes out. IF the oil pressure light is NOT lit at startup it means the bulb is missing or some other problem and either: a check the pressure with a gauge or walk away.
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