Installing a 305 in place of the 4 cylinder engine will not increase the resale value of the car.
Look for rust on the floor front and back Floor foot pans and near where the rear lower axle control arms
attach to the floor, near the rockers . These are common rust areas.
If the car is not rusted or damaged it is a good base for a hot rod.
The floor and sub frame and rockers need reinforcing once significant power is added.
(sub frame connectors)
These cars have a torque arm that attaches to the tail housing of the transmission.
This requires getting the transmission tail housing from a like transmission, from 3rd gen car
or converting to a aftermarket crossmember with the torque arm mount on it.
If you just want a fun car that is good on gas and don't need mega horsepower just run the stock 4 cylinder engine and transmission. Not every car needs 500 horsepower.
If this car is all OEM stock in good overall condition then a engine swap will probabily actually lower the market
re-sale price of the car. And destroy its true "collector car" value as the most valuable collector cars are all stock OEM.
The guys with the $$$'s know what they are looking for.
Any modifications or engine swaps should be done only after consideration for the Smog laws that apply or will apply in the future. As a car that cannot be licensed to drive has little real value to a buyer.
Plan on keeping any smog equipment intact and functional if re-sale marketability is what you want.
The third gen Camaros make good Hot Rods but don't do it expecting to make the car more valuable to others.
Do it cause it makes the car more valuable to you, based on how you want it to perform and drive.
A bigger motor swap will not improve the fuel mileage.
A turbocharged or supercharged 4 cylinder in a light weight car is a lot of fun.
There are more 305 Camaros than factory origional 4 banger Camaros around. Nothing rare or special about a 305 Camaro.
With the ever rising price of gasoline you'd be smart to consider a swap to a modern more efficient but powerfull engine from a new car that fits and is smog legal. (get the transmission and all the smog stuff with it)
Or keep the 4 banger in it.
Just remember anything you do to modify this car will likely lower its real market value.
Last edited by F-BIRD'88; 01-29-2013 at 02:40 PM.