the money...for pete's sake the money these cars take - Pontiac GTO Forum
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post #1 of 61 (permalink) Old 09-08-2011, 10:25 AM Thread Starter
 
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the money...for pete's sake the money these cars take

I'm glad I like this car without even driving it....some of you are way deeper than me. but I'm staring at 10 grand in receipts not including the cost of the car and many tools purchased to assist in the cars progress. and I haven't done paint, trim, the new front end, or some glass work. no power windows yet, no console yet, will need a new hood most likely, gotta find some rear tail lights.

I hope I never lose interest

in hindsight, I've got over 20 in my 03 cobra....so...ya

just wondering what you all have into your cars.
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post #2 of 61 (permalink) Old 09-08-2011, 10:53 AM
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I have 6g in buying the car 17 years ago, and another 10g in the self restoration done on `07. That's not counting any of the 6 weeks @ 8-12 hrs/day labor. So, I'd say I'm sitting pretty good at this point.
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post #3 of 61 (permalink) Old 09-08-2011, 11:00 AM
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I have $4800 in my '65 GTO bought 29 years ago, including engine/trans overhauls in the early '80's and paint work in the mid '80's. This includes the price of the car, which was $1200. It's a real tripower/4 speed/gauges car. I have about the same amount into my '67 GTO, including two repaints and an engine overhaul, and two tranny rebuilds. Purchase price in '83 was $1800. Neither car has been restored or out of service since new. I'm glad I was into these cars when I was young.....it would be hard to afford them now!! A friend of mine just spent over 10 grand on just a paint job for his '65 GTO...things have sure changed.
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post #4 of 61 (permalink) Old 09-08-2011, 11:40 AM
 
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So how long does a 10 thousand dollar paint job take?

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post #5 of 61 (permalink) Old 09-08-2011, 12:16 PM Thread Starter
 
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I'd hate to know the answer to that question.

I was debating about going after a newer viper as I've wanted a viper all my life, but stumbled on this car and thought, I can do this for cheaper.....I'm only 15k off from my viper I was looking at. wondering what I can get out of a nice restomod once it is a little further along....hoping 12-13 without paint or more with paint.
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post #6 of 61 (permalink) Old 09-08-2011, 01:20 PM
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November of '11 will be 3 years I purchased my '70. I have in it as of now over 11K in parts and some labor, most of the labor is from friends, factor in a hundred or so for beer and eats.. Still not done.

I guess I am in the accelerated Git R Done program.

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post #7 of 61 (permalink) Old 09-08-2011, 01:22 PM
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So how long does a 10 thousand dollar paint job take?
It lasts as long as the tears keep flowing.

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post #8 of 61 (permalink) Old 09-08-2011, 01:42 PM
 
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Sometimes I think it would be better to just spend 20K on a cherry car. Let someone else loose the blood, sweat and benjamins. A resto project is like an anchor on your bank account.

I especially hate spending money on things that you can not see. I am 3K in and the car looks the same. I figure another 8K to make it look decent with a cheap paint job.
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post #9 of 61 (permalink) Old 09-08-2011, 01:48 PM
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The ten grand paint job took over two years (was promised to take 3 months). This was a straight california car that needed no floor or trunk work. Needed wome metal repair in the windhield channel and in the back window lower chanel. No rust or dents in any of the panels, and all panels original. In fact, an original paint car. Good door gaps, excellent body fit....never hit or wrecked. The job had to be redone because it was not color sanded before the clear was applied, so the paint looked like crepe paper. Also, the clear never got hard, so you couldn't toch the car, or you'd leave marks and prints. It's all "done" now, still in pieces, but nice and shiny (way too shiny for me....like wet glass). I'm trying to help the owner get motivated again to put the car back together. The paint on my '65 is starting to show its age, and I think I'm going to have to man up like some of the folks on this forum and redo it myself.....I can't go without my car for 2 years!!!
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post #10 of 61 (permalink) Old 09-08-2011, 02:08 PM
 
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Originally Posted by gotyorgoat View Post
Sometimes I think it would be better to just spend 20K on a cherry car. Let someone else loose the blood, sweat and benjamins. A resto project is like an anchor on your bank account.
wiser words never spoken (or typed). people think they can buy an old car for 5000 or less and a do it yourself restoration and be sitting pretty for less than 10 grand. then five years, 10 grand, and a completely disassembled car later and still no car to ride in. buy one already done nicely and ride the same day.


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