*Edited to remove some of the chafe*
I got to thinking today that a truggy would be better suited for what I want, and with a lot less effort I could also have my 1/2 ton back up and going.
http://memphis.craigslist.org/car/763713916.html
The engine may be rebuild-able, cracked head, water in the oil. According to him the head gasket blew, they let it cool, added water, and he drove it home the 3 miles back to the house. That's all I know about the internals of that engine. He said it happened all at once, which to me means the engine over heated, and cracked a head(s). Those more knowledgeable than I feel free to give me some input regarding the rebuild-ability.
The engine is TBI, which would be a nice addition to the brown truck, even better if I had a rebuilt 350 under it. The tranny should be able to work in my 1/2 ton without me having to buy much of anything. I'll have to swap tail housings and maybe output shafts, but otherwise it should bolt right up between my 305 and my 208, thus making the truck drivable in 2wd again
. Swap out the front axle to match the rear, and I'm back to having a 1/2 ton, 4wd truck
.
He offered $400 without us talking price. I told him I might could swing by Friday on the way to St Louis, but it would be a minimum of 2 Monday weeks before I could actually get it out of his yard.
Here's what I'm thinking.
1:The shell of the truck, minus the engine and the tranny would bring at least $300 from the local scrap yard.
2:If the engine's block is rebuildable (within reason, no tig'ing up huge cracks and hours of milling) that'd be great, as I've always had an inferiority complex over the 305 in my 1/2 ton. If the engine doesn't work, I could pull all the TBI stuff out, and shelve it for future use.
3: Assuming the tranny is like he says it is, I could replace it with my tranny, saving $800-1k rebuilding the tranny that's already in there and making my truck streetable again.
That puts me out $300 ($600 minus $300 from scrap) for a potential at $1600 worth of parts/scrap ($800 tranny, $300 Scrap, $200 short block, $200 TBI system, $100 rear axle).
Thoughts? Especially about the engine's rebuildability regarding the head gasket. It's about a 30 minute detour 1 way from the intended path to St Louis.