Back in the '70s, I bought a '66 Mustang (289, auto trans) for $75, because the oil light stayed on (fortunately the owner was afraid to drive it, or even run it more than a few seconds).
Dropped the pan, cleaned the broken (nylon IIRC?) valve seal pieces out of the oil pump (which had locked up and caused the drive rod from the distributor to twist until it was too short to reach the pump) and replaced the drive rod. Total repair cost (pan gasket & drive rod) was less than $5.
Traded it for an old Triumph 650 that had been chopped and needed paint and some other stuff. It sat in the garage until a neighbor bought it for $225. Thought I made a killer deal.
Lol, I shoulda kept the Mustang...
Dropped the pan, cleaned the broken (nylon IIRC?) valve seal pieces out of the oil pump (which had locked up and caused the drive rod from the distributor to twist until it was too short to reach the pump) and replaced the drive rod. Total repair cost (pan gasket & drive rod) was less than $5.
Traded it for an old Triumph 650 that had been chopped and needed paint and some other stuff. It sat in the garage until a neighbor bought it for $225. Thought I made a killer deal.
Lol, I shoulda kept the Mustang...