Just wondering how hard it would be to get a really good 262. If I did start looking would I be likely to find a car in say 12 months?
Also does the V6 have timing belts or chains?
Are there any basic reliability issues with the V6?
The V6 B27E engine uses cam chains not belts
It is very sensitive to oil changes (every 6 months)
This has been for sale for around a year in Tassie
They are getting very hard to find, but there's definitely still a few around. Most of the best examples are being held onto by collectors now, it might be best to get a fairly decent one and do some work to it.
The V6s are fairly high maintenance, but there's a lot that can be done to them to make them more reliable, powerful and fuel efficient. I've fitted heads with oil dams to them to prevent cam wear issues, there's other mods that can be done to prevent common issues. The standard 3sp autos aren't great, a 4sp auto or a manual conversion helps a lot. I took a 260 on a 5000Km road trip last year and had no issues, and got 9.5L/100K.
Where are you located? I have lots of parts for them and a workshop in Ballarat.
Here are some pics of one of the three I have. Late 1980 model with a 2.8L manual.