i dont understand why people keep thinking they will get what they have into a car back when they sell,
you dump 15k into a car and get 10k back and its a waste?
well, me and my dad have done 3 cars the last 3 years
my 68 dart, 40k into it, start to finish, new quarters, etc
i sold it rolling for $6500, and as a roller, i had 20k into it...i had it posted for 2 months at 10k with no bites, high dollar parts, with new paint/interior, and still no one wanted to pay that.
my 71 dart, put 22k into it, new sheetmetal etc, sold it to my dad before paint with no drivetrain for 10k, he dumped another 12k into it, and i bought it turnkey with a fresh 340 for 10k
his duster, paid 10k (orig 340 4spd promo car) bought off a chevy guy
stripped it down, put another 20k into it, and its worth maybe 15-18k
its the hobby, anoyone building cars to break even or make money should pick up a diff hobby
on a project or roller, expect to lose 2/3 of what you have into it
finished driver, expect to lose half, if its rare, expect to lose 1/3
ive been building cars 10 years and SERIOUS about it for 7-8yrs , had my own shop, etc, my dad, 30yrs, has his own hobby shop
i guess in canada, things are different
i say 20k is a good budget to buy a car, body (sheetmetal), paint... and drive train for a nice cruiser/driver
i enjoy the hobby, and enjoy all the stress, financial loss that comes with it.....its car building, its not realstate.
ive probably put together 8-10 cars in the last 6-7 years, and lost probably 100k
