Need advice ASAP

[tryon17]

Hello

I am new to your site and need advice on a car I am looking at. It is a 92 MR2 Turbo with 123k on it. The issues is I just got a call from my brother in-law who was also looking at buying it. He said that the has about $1k in oil leaks and will need a new turbo (would not spool-up)they just took it in to the service dept. My brother in-law works at the dealership where the car is they are selling it for $2k.

My question is should I pass on this one? How hard is it to replace the head gasket and turbo?

[MR2Jedi]

2k for a '92 Turbo with a blown headgasket and turbo is way too much. With blown headgasket, there is no telling what other damage there may be. Pistons,rings, valves and more can all be affected by what ever happened during the headgasket failure.It's not that hard to replace the headgasket and the turbo, but there is a good chance there is more damage than just what has been stated. You will have to tear into to make that assertion.
Toyota wants $2,700.00 for a stock turbo. You can buy a CT27 from ATS racing for $1,000.00 minus the $300.00 core charge-IF the core is rebuildable.
If you are knowledgable in mechanics and can rebuild it yourself, tell them $500.00 for it. But unless you have a pile of cash, I'd pass it by.

[tryon17]

Thank you both for the insight need to do a bit more home work.