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Money Pit Decision [message #258222] |
Fri, 08 August 2014 20:33 |
Dave NJ
Messages: 10 Registered: September 2013 Location: NJ
Karma:
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Junior Member |
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Hi,
I am looking for some opinions on my GMC motorhome project dilemma. Should I just pull the plug and cut my losses or put an additional $3k to $5k into the money pit project and get it on the road? I am not looking to ever get whole or make money but would sure like to get the motorhome off the driveway and maybe attend a GMC rally. I see a lot of nice pictures of GMC coaches on the club websites and would like to see some in person.
We bought a 1977 GMC motorhome last August. The extent of our travel over the last year has been about 8 feet back and forth on our driveway. The neighborhood has a betting pool on when the unit leaves the property. Those who bet "Never" are winning.
I have a total acquisition cost of about $8,200. My additional investment is around $2,500 to strip the interior down to the frame. There were many mouse nests hidden all over the interior and my wife wanted to be sure they were gone. We have also paid dues for FMCA/Good Sam and GM clubs.
The Bad:
1. The engine currently does not run. It did run prior to this past winter storage. It appears that no fuel is getting to the carb. Not sure what the problem is but I have been unable to find a fuel filter to check. I can turn the engine over if gasoline is put into the carb directly but then sputters out. Cad 500 engine.
2. The 6 tires will need to be replaced as they are aged out.
3. Probably needs another $3,000 to finish the interior.
4. Digital dashboard Gauges will have to be replaced on the dash as I don't think they are working correctly. Ex. Gas gauge always shows -1 even after I have put gas into the tank? Will probably have to put in analog gauges.
5. The 2 rooftop A/C will probably need to be replaced at some time.
6. Needs 2 ceiling vents as the old ones are old and broken.
7. Some strange items like 3 air compressor tanks (2 in the engine compartment and 1 in the back for the bags). Why so many?
8. Muffler/exhaust system sounds loud.
Possible Salvage value parts: Maybe $2K to $3K?
1. ALCOA wheels
2. Some sort of quad bag system.
3. CAD 500 engine looks good but would sure like to travel more than 8 feet.
4. Windows are all clear but do need some sealing.
5. Is there any coach salvage value for scrap metal?
Thanks for reading my frustration.
Did anyone else ever have these sort of start up problems?
Dave NJ
Dave Curtiss
Mahwah NJ
1977 ex-Palm Beach now "Jersey Ltd. Edition"
Cad 500, Quad Bags
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Money Pit Decision
By: Dave NJ on Fri, 08 August 2014 20:33
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Re: Money Pit Decision
By: Harry on Fri, 08 August 2014 20:41
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Re: Money Pit Decision
By: midlf on Fri, 08 August 2014 20:49
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Re: Money Pit Decision
By: mrgmc3 on Fri, 08 August 2014 22:25
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Re: [GMCnet] Money Pit Decision
By: sgltrac on Sat, 09 August 2014 00:57
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Re: Money Pit Decision
By: Joe Weir on Sat, 09 August 2014 10:37
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Re: Money Pit Decision
By: SeanKidd on Sat, 09 August 2014 15:00
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Re: Money Pit Decision
By: The Dr on Sat, 09 August 2014 19:51
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Re: Money Pit Decision
By: Dave NJ on Sat, 09 August 2014 21:25
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Re: Money Pit Decision
By: Carl S. on Sun, 10 August 2014 10:28
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Re: [GMCnet] Money Pit Decision
By: Carl S. on Sun, 10 August 2014 18:15
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Re: [GMCnet] Money Pit Decision
By: Carl S. on Sun, 10 August 2014 22:18
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Re: Money Pit Decision
By: skip2 on Sun, 10 August 2014 17:59
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Re: Money Pit Decision
By: SeanKidd on Mon, 11 August 2014 09:07
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