Newbie here looking for some advice please

[Beany113]

Hi lads I've just signed up and been looking through the forum, very good site and very helpful . I had a question that I'm hoping will help me out alot. My mate has a punto gt turbo sat in his garage, he's thinking if selling to to make some money for a finance car... The engine runs but
Seems to over rev when it's cold, the car could do with new sills welded on and there are a few small rust holes in the floor. It's got a bigger turbo (haven't a clue what one yet) and claimed to be 170bhp, he only wants £400 for it and I'm thinking if I put some time into I could be rewarded with a nice car?! Can anyone help pointing me in the right direction please. Weather to stay away or shall I try and snatch it off him? I appreciate any help thankyou!

 

[fingers99]

Best asked in the Punto (Mk1, I think) section.

The high idle is almost certainly an air leak somewhere on the inlet side.

 

[Trowsea]

Check for any holes in exhaust center pipe or where the cat meets the center pipe also I have to say fiats are not the best for rust my mk2 is in a garage being welded ATM because of rust on the jacking point and seals