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kenikh kenikh is offline
3 restos WIP = psycho
 
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Join Date: Feb 2005
Location: North of Exit 17
Posts: 7,732
Quote:
Originally Posted by woywitka View Post
Which brings me to, how really , and I do believe you guys, does $15K evaporate? TO be fair, during my stewardship, my SC has never been to a mechanic, valve adjustments, brakes, a couple electrical things and so on I have been able to figure out. I'm sure if I dropped the SC off twice a year we could be at $5-7K in running costs. I once disassembled the entire nose, prepped and had my bumper and valence professionally resprayed, found a good used bumper smile, polished the turn signal lenses, put it all back together, looks new for $300 all in.

I'm thrifty.
You sound like me - can do it all and are very picky about the things you don't do. My 930 was in worse shape than yours and I paid $33K, knowing it needed paint, an interior and possibly a full engine and transmission rebuild. My comfort level with the price I reached was based directly upon the work that I knew I was willing to do myself, as well as the bits on the car I didn't want and could sell.

I had planned from the start to do all of the body work and paint myself. I had also planned on not doing any motor work (if needed) and farming it out.

Thus, the equation ended up being:
- $33K (acquisition cost)
+ $5K (take off parts sold)
- $1K (paint supplies)
- $1K (interior bits)
- $13K (motor rebuild, parts and labor)
Net $43K out of pocket for a PERFECT 930 in a very rare and desirable color.

Considering the retail cost of a paint job of the quality of which I'll put on the car is between $25K - $30K in the Seattle market, you can quickly see where costs can get away from you.
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Old 10-07-2014, 11:32 AM
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