10k: Need More of This: 1983 Volvo 242 Chevy LQ4 V8 Turbo

From our own experience with the Daily Turismo Project Car we can assure all you readers that the Volvo  240 chassis is a good hunk of metal let down by a wimpy stock engine, wallowy stock suspension and stock tires from the Huffy catalog.  Start fixing each and every single one of these problems and you will soon have a fast, fun and boxy Volvo….but probably go broke.  Save your time and money – buy a completed project from someone who wants out.  Find this 1983 Volvo 242 with turbo LSX V8 for sale in Modesto, CA for $12,500 via craigslist.

This isn’t just another carburetor equipped 350 shoved into the front of a 242 after a weekend of fighting some old Volvo ignition model, it is quite the contrary.  The seller has a ton of time into fab work on a custom turbo system, custom subframe – the list goes on here on his thread on turbobricks and ls1tech.  And the car…it goes well too…10.7 second 1/4 mile passes as seen on youtube.

The LQ4 V8 is a generation III small block Chevy engine from a truck and is related to the LS1/2/X engine family but has an iron block and weights a few more lbs.  A gigantic turbo forces more air into this engine and the car runs E85 ethanol on a MegaSquirt DIY fuel injection system to the tune of 550 wheel-horsepower. 

See a better way to cover the 1/4 mile in less than 11 seconds? email us here: tips@dailyturismo.com