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I have a 1988 Ford Escort (mfd. in Nov 1987) GT 2dr hatchback, 5 spd, power mirrors, cruise control, tilt steering wheel, A/C, new engine (1.9 EFI HO), 130K mi. The car was recently damaged on the driver side door, requiring body work, but otherwise the car is in excellent condition. I can junk the car and get nothing or spend $2,000 to restore it. In five years the car will be 20 years old, so would restoring it be a good investment?
 

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30-01-2003 at 15:59, John wrote:
I can junk the car and get nothing or spend $2,000 to restore it. In five years the car will be 20 years old, so would restoring it be a good investment?
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That depends on what you mean by a good investment. If your plan is to restore it, park it, and hope it appreciates in value over the next 5 years, then I´d advise against it. That´s not a particularly rare (or often collected) car. If you want to restore it for your own daily or occasional use, then it´s certainly worth it. What else could you buy with that $2000? Since you already have a new engine, I´d stick with it if I were you, as long as the damage is cosmetic and not structural.
 

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that would be a completely worthless investment, because there are plenty of cars around that are much older than that and in perfect condition... I know its blunt but its the truth. Old muscle cars are where restoration is at, unless you can get your hands on a pre 30´s car.
 

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30-01-2003 at 16:28, siragan wrote:
Does the side damage extend into the outer sides of the engine bay? Any frame damage?
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The floor below the door is bent inward, but the damage does not extend beyond the door area, and the tires are not noticeably out of alignment.
 

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30-01-2003 at 19:00, rellimpk wrote:
Or you could sell it to me! :)
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I live in Boston MA, but if you´re still interested in buying, let me know.
 

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I gotta agree with black mx3 on this one. the car ain´t worth dumping 2 grand into. You will never get what you put into it out of the car. But than again with a new engine that you are confident in than it might be worth it to you. Cause it could give you a car for the next couple years. but with the age of the car who knows whats original and whats not and you have to figure what else might need to be replaced and decide if it´s worth it. I my self wouldn´t but this comes from the moron that just rebuilt his tranny for $2300 on his 12 year old car.
 
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