Depending on how much wear and tear the engine has you can quickly burn through that budget just doing a stock rebuild.Since you have a spare car though ,you can part it out on ebay and possibly double your budget before summer.If you feel confident grinding on your engine ,your best low dollar improvement would likely be to port match the head.
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1988 Supra - N/A 5 speed
1974 'Cuda - 318
2001 Cherokee
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