Snake6778

Found a 98 Cobra with only 41k miles for 12k even. KBB says 12k even and NADA according to bank when I went for loan says 12.7 roughly.

My question is : when i went to test drive / view the car the engine light came on while getting down on the pedal. Everything else on the car is in great condition. Paint appears that it's been under a cover or in a garage for most of it's life and it's only had 2 owners.

When we returned with the car to the dealer from the test drive I told them about the light coming on and that I lost my interest. I was planning on coming back to test the light myself to see what code it returned. A friend of mine came back with me today and checked the code and it returned 1516. The dealer says they will take care of the issue themselves along with a few other minor problems the car had (just a new belt and fixing the drivers seat).

What are your opinions on it? Dealer is not open tomorrow and they are putting the car in the shop on wed so I have until wed afternoon to figure out if I want to do it or not.

I guess I'm asking what do you think about the code that it returned. I believe it is just a sensor but do you think that it will lead to greater problems?


Thanks

Snake6778

here is the listing of the code btw to save any of you time looking it up :

DTC P1516 Throttle Actuator Control (TAC) Module Throttle Actuator Position Performance