Yeah the early 16v cars weren't interference, the 32v cars are, you break or skip a belt in one of those and its adios to your motor. This car is an 84 and has the 4.7 16v motor. The timing belt was loose and and the car had low compression and barely ran... It took us a while to figure it out, but it was obvious when we pulled the timing covers.
The car had been sitting in a driveway across from one of my customer's house for years, they couldn't make it run. We kept bothering them until they sold it to us. I had the cops called on me when I was winching it up onto my trailer, some neighbor thought I was stealing it and called 911, whoo, what fun!!! The ignition lock was broken out of it, the wiring is all screwed up. We emptied the varnish out of the gas tank. After about 12 hours of tracing and repairing wiring and installing a Miata Ignition switch, we got it to crank, after a few hours of work we got it to fire but not run, then we checked the timing belt..... Viola! Uh, no. The computer wasn't getting any power, so it was just running on the start pulse from the cold start injector, we repaired that and now it runs....
We take care of a 928 for a customer, and we recently replaced his timing belt, so we had a used one laying around, new ones are $40 and we didn't want to wait the 3 days to get it..
So, now we are stripping everything out of it and putting in a cage. I think we'll get it built for around $400... Our 928 customer is supplying the seat and harness out of his car (bolt in, easy!!) so we will be ready to test it at the Volvo club day on the 5th....
We're not doing anything to the suspension other than cutting the front springs and dialing in some negative camber. There is no way to buy even one bushing or shock for the thing and stay under $500... Porsche parts are brutal! I think just standing near 'em is expensive.
None of the gauges work, the tail lamps are missing and we aren't yet sure that the tranny works... we do know that it sprays oil out of the cooler lines, so at least it has line pressure!
It'll make more than 4.3 laps, I think we'll get into the high teens....
-John
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Gosh, my business card says 'Tech Tyrant'