IF you can do all the work yourself, and IF your work is the quality you want in the finished product, then by all means buy a fixer upper. However, I PROMISE you that when you are done, you will probably have more in it than you could have purchased a very nice one for that is already done. Although you can restore, modify of fix up a car for less than $20K, more often than not, once you start digging in, you wind up doing more and more. A decent interior with door panels and carpet will be at least $2500, materials only for a good paint job is at least $2500, motor/transmission work plan on at last $3000, chrome work, etc..... It adds up fast. I do all my own work because I can and because I am VERY picky (even anal), but even so, I probably have more in my car than I could sell it for. So again, unless you can do all your own work, consider buying a completed car.
