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You could have a real jem there. Depending on how it was stored or what part of the country it's from, you may need to do some things before it's up to it's potential. Rubber deteriorates with age and heat as much as mileage. Expect bushings to need replacement, or at least a close inspection. Depending on the color, it may or may not need repainting. MAACO is fine for a street car. Great sales in February.
No car responds to handling mods like the 240. Swaybars, strut braces, shocks won't break the bank but pay dividends in fun. An intercooled B21FT can produce 180-200 hp easily without affecting streetability at all. Check turbobricks.org for more info.
Don't expect to get your money back on a car like this but you will enjoy the ride. I'll never recoup what I put into my '83 Flathood but with only 38K mi on it, it's a ton of fun to own and drive.
One last thing, after intercooling, check the Turbobricks Staged power improvements. Stage 1 just calls for everything being up to factory spects. That may be more than enough. Too many folks throw expensive mods at a car that was just out of tune.
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'93 850GLT
'83 242TI Flathood
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