Well everywhere I have been to have said it needs a new engine. How much will it cost to get the rings and a valve grind done? It does have a few other things wrong with it like a clutch pack in the trans and it need a camber kit put in it. It seems as if all I have done is spend money on it since I bought it.
I have found a very nice EBII GLi 5spd, extractors, 2.5in exhaust, alloys, new tyres, spoiler, 143000k's and it looks immaculate inside and out for $7990, there is also a 5spd ED Falcon S for the same price with 140000k's, but none of the other stuff. The only thing I don't like about the GLi is the lack of a tacho, but I guess that's not a major concern. There are quite a few cheaper ones in the trading post, but all have a lot more k's on them.
1992 AXII Telstar TX5 Ghia
121kW 2.5L DOHC V6 in a car that weighs 1100kg's and looks like a 4 banger from the outside......SLEEPER!
1988 EA S Pak 3spd CFI.....Soon to be a 250rwkw HSV eating machine.