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well you can buy a chip for $500 but you also need at the very least a pyrometer ($130 or so) So if you got a 2 or 3 position chip from Dp-tuner or tony wildman you would be right around $500.
Does the exhuast include a round down pipe(turbo outlet pipe)? if so your good to go if not that really should replaced too before you install a chip.
Try these websites for fpr & BB also try the 10K mod. You still need a pyrometer if you do more than this also make sure you have an aftermarket down pipe before you do the 10K
Steve, Steve you missed th part about the $500 budget didn't you! man we are very good at spending other peoples money. I just wish they would just give it to me to spend as I please! They never want to do that.
any way yes the 10k mod and shimmed fpr are good cheap mods that require no more than $5 and an hour tops.
You might try cleaning the fuel system first. Run Hot Shot's Secret through your engine oil and 405 Power Master in the fuel. We can always return a 5% increase, usually more.
Chris