Well, it's time I built one.
The car is a relatively solid 83 Corolla Wagon with 183k. "ran when parked." He parked it because the oil pump was dying and only making 15 psi. Grabbing it for $200 from a buddy. The 75 or 90 hp and slushbox that is in it will likely come in dead last in the drags, and probably not be great at accelerating out of the slalom either.
Option 1: K-swap it with ebay turbo. How does one find a RWD transmisison to bolt to it? I've seen adapter kits that more or less cost more than challenge budget. Toyota stopped doing RWD a while ago and I'm told that the S2000 trans doesn't do well with torque.
Option 2: K-swap/turbo mounted mid-ship. That would solve the transmission issue since I could use a FWD honda box.
Option 3: Do some major surgery and drop in the free Caddy 500 I'm getting on Sunday. Initial measurements tell me that might not be possible, and aside from being free, it's not a great choice for an autocross.
Option 4: Do some major surgery and do the Caddy and a TH425 midship. Also possibly not possible and still allow the front seats to slide all the way back. It's also just a lunatic idea. The only real benefit is that the engine/trans is free.
Also... question on trades/budget (I'm going to have a lot of these). If I were to trade the Caddy for a K24, it's still free and can be listed in the budget as $0, yes? But if I were to sell the Caddy and buy a K24 with that money, it's counted toward the budget since the Caddy wasn't an asset that came with the 'Rolla?