So I bought this 1972 Ford Maverick Grabber, has a 1965 289 block in it, been bored .030 over, a long as time ago, and a C4. It's now becoming a money pit, and I never should have kept a build list with how much money I have into the car so far. To those that want to hear and help me through my current crisis and past endeavors, contine reading. For those of you who just don't care, my questions are under the "Now What". --------------------------- So here's from the top: --------------------------- - Purchased this car a year ago, $2400, thought it was a good deal, it isn't... Drove it 120 miles home, steering was junk, held to the pitman arm with a damn hose clamp, engine ran terribly, didn't stop worth a damn, and what I thought was a high stall converter was actually the transmission slipping... - Cowl leaks, water... great. No garage, so have to put towels under the foot pedals... Pull up the carpets, and the floor pans are rusted to hell, no holes, but thin, looked good underneath the car when I went to buy it. Like every other vehicle I've ever bought, I begin to have buyer's remorse. - Fast forward a bit, put some wilwood front discs, new rear brakes, and complete new front suspension in. Then also converted the v belt to serpentine belt, to work with the new p/s pump. - Thought I'd spiffy up the engine and put a new intake and carb on it, and some aluminum valve covers. - Did some interior stuff, rewired the lights, put a 3 row radiator in the car, etc. - Car runs and drives, needs and alignment, decide to drop the trans fluid, and replace the filter. Oil burnt beyond believe, more metal in the pan than oil. Great... - Pull engine and trans, and buy a "good" C4 from facebook for $100, figure if it's bad that's what the junkyard would charge me anyways, as it came with a flywheel, torque converter, and yoke. Trans was said to have been "rebuilt". Guess rebuilds consist of new input and output seals... Damn thing has the original dipstick tube plug (from the factory) in the pan... Weary of it, has slight silvery oil in the bottom of the pan. Whatever, put a new filter in it, and gasket, and moved on to resealing the engine. - Pulled the pan off to re seal, and the bottom of the pan was lined with an 1/8" or so of just silver oil... cool. Car has good 25 psi oil pressure at idle when warm, none of the rods has signs of overheating/spun bearing, and the cross hatching on the cylinder walls was basically gone. So chalk it up to just wear and tear of the cylinder walls... You know, because I already purchased a new intake for it, valve covers, HEI distributor, carb., etc. - Screw it, put it back together and slammed it into the car. $200 in fluids, and $100 in gaskets/filters later, and she's driving again. 1st and 2nd gear work, 3rd gear flare shifts like none other... great. - Engine starts ticking, and exhaust is having a weird fluttering/"brrrrr" noise it. Brand new HEI dist., and plug wires, spark plugs looked good from when I had the motor out. The exhaust flutter was present before, which is why I put in an HEI, which seemed to cure it. Guess not. Shut it off, come back, and the flutter and ticking is gone. Drive it around, pulls hard all the way to 5k rpm in 1st and 2nd, of course 3rd flare shifts, and have to let off to let it grab. Also the oil leak was not the pan, but was the timing cover... oil all over, underneath the car, in the engine bay, on the engine, and on the transmission, which I had spent hours cleaning.... - Well, screw it. Now I'm at a loss as to what to do. Obviously engine and transmission need rebuilt. Trans for the flare shift, and engine because of possible lifters going flat, or an exhaust valve hanging up/not seating fully, or a broken valve spring, causing the fluttering/brrr noise, and because the engine is pretty worn. ------------- Now What ------------- - I'm at a loss as to what to do. Engine and transmission need rebuilt, after countless hours and dollars put into the damn things. - Part of me wants to give up. - Part of me just wants to drop big bucks that I don't have to spare (saving to buy a house) into the car. Crites headers, 408w, broader performance C4, MSD Ignition, and a 9" ford. - The other part of me says to just rebuild the transmission, and go get a used 302, that will probably have the same problems as the 289 does. Any Opinions?