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Started By
Message
Anyone restored a car from basically nothing?
Posted on 6/15/20 at 7:29 am
Posted on 6/15/20 at 7:29 am
I'm thinking about buying a 1966 Ford Mustang Convertible and it's in pretty bad shape...
They're asking $2500, but obviously going to take good bit of work.
I'm wondering if anyone has undertaken a project like this and how much $$$ did it take to get to at least driveable condition and then also "sellable" condition?
As you can see, like I said, it's in pretty bad shape... and I'm not looking to spend $20k in parts/etc. and my time to restore it and it's V8 engine.
Anyone have a reasonable guess as to how much I'd be looking at spending if I went forward?
The car:
ib4 350
They're asking $2500, but obviously going to take good bit of work.
I'm wondering if anyone has undertaken a project like this and how much $$$ did it take to get to at least driveable condition and then also "sellable" condition?
As you can see, like I said, it's in pretty bad shape... and I'm not looking to spend $20k in parts/etc. and my time to restore it and it's V8 engine.
Anyone have a reasonable guess as to how much I'd be looking at spending if I went forward?
The car:
ib4 350
This post was edited on 6/15/20 at 7:30 am
52
Posted on 6/15/20 at 7:34 am to yankeeundercover
I made an umbrella into a ‘65 MB 230SL.
Does that count?
Does that count?
Posted on 6/15/20 at 7:37 am to yankeeundercover
Hope you are good with bondo
Posted on 6/15/20 at 7:37 am to yankeeundercover
That’s a money pit, and you won’t know how deep it is until you’re well into the work.
Posted on 6/15/20 at 7:37 am to yankeeundercover
Unless you have an attachment to that vehicle or just enjoy the process and have the time you are 100% better off financially purchasing a restored vehicle that you can drive today than going ahead with the “cheap” restoration.
Posted on 6/15/20 at 7:37 am to yankeeundercover
quote:
and I'm not looking to spend $20k in parts/etc.
I'm restoring a '66 coupe. You will spend more than 20K on that heap. The parts are all reproduced and readily available. That one looks in pretty bad shape. If the rocker panels and A-frame are too rusted, it might not be worth the effort to try and save it.
Posted on 6/15/20 at 7:37 am to yankeeundercover
That one is not the one.
Especially not for $2500.
Especially not for $2500.
Posted on 6/15/20 at 7:39 am to yankeeundercover
My dad and I have done quiet a few. I wouldn't buy that car. Those mustangs are everywhere and you can get one "rolling" most of the time for that price. And you can dump as much money in it as you want, but I would be hard pressed to spend 2500.00 on that coupe. It also depends if you are going to do the work yourself or if you are just gonna have it done by someone. BTW he has a 55 Chevy two door post that is running and the interior done he would sell right now. Just needs paint. 
Posted on 6/15/20 at 7:39 am to yankeeundercover
Not worth anything if the chassis has been on the ground for a long time.
Posted on 6/15/20 at 7:40 am to yankeeundercover
I had a 67 mustang but it was driving when I started.
I have a 1960 Sedan de ville right now. But I'm in over my head. It's in similar shape to that mustang. I'd let it go for $1000.
I have a 1960 Sedan de ville right now. But I'm in over my head. It's in similar shape to that mustang. I'd let it go for $1000.
This post was edited on 6/15/20 at 7:45 am
Posted on 6/15/20 at 7:41 am to TheHarahanian
quote:
you won’t know how deep it is until you’re well into the work
Just like the OT’s mom.
Posted on 6/15/20 at 7:43 am to yankeeundercover
That one isn't worth the time or effort. As far as a budget goes... Take whatever you want to spend, and triple it.
This post was edited on 6/15/20 at 8:02 am
Posted on 6/15/20 at 7:43 am to Macfly
quote:
Not worth anything if the chassis has been on the ground for a long time.
The one pictured has the rear subframe/spring mounts completely rusted out judging by how it is sitting.
Posted on 6/15/20 at 7:44 am to yankeeundercover
That car looks like you can salvage a few panels and some trim pieces, maybe a frame (doubtful since it looks like its on the ground), but thats it. The amount of money it will take you to salvage that will be exponentially more than you would pay for a running project that just needs some upgrades and TLC. You will sink $50K into that car before it is even close to road worthy and will likely need to purchase donor cars anyway. Pass and go find something that either runs and needs TLC or has a good body and just needs powertrian. That is a parts donor at best, not a project.
Posted on 6/15/20 at 7:53 am to yankeeundercover
That pic appears to be 11 years old. I have to assume another 11 years of exposure to the elements have passed since that pic was taken.
There will be very little usable metal on that car. Replacement metal is certainly available for the 66 mustang, but I agree with the previous post that you’re looking at $40-50k to have it road worthy and $80-90k for a show quality vehicle.
There will be very little usable metal on that car. Replacement metal is certainly available for the 66 mustang, but I agree with the previous post that you’re looking at $40-50k to have it road worthy and $80-90k for a show quality vehicle.
This post was edited on 6/15/20 at 10:49 am
Posted on 6/15/20 at 7:54 am to yankeeundercover
You can find a better starting point for $2500.
And the mustang will be a little more difficult than a car with an actual frame.
And the mustang will be a little more difficult than a car with an actual frame.
Posted on 6/15/20 at 8:00 am to yankeeundercover
Spend more money on a better car! That thing is a nightmare.
Posted on 6/15/20 at 8:04 am to tide06
quote:
Unless you have an attachment to that vehicle or just enjoy the process and have the time you are 100% better off financially purchasing a restored vehicle that you can drive today than going ahead with the “cheap” restoration.
this... that car look like time and rust has not been it's friend. If you really want a 66 mustang start looking around the web. you can find one already running and driving for less than you think. of course you will find the "i know what i have" guys but the mach I 69 and 70's is what brings the real money.
Posted on 6/15/20 at 8:04 am to yankeeundercover
that’s a parts donor
Posted on 6/15/20 at 8:05 am to yankeeundercover
Pop the hood!!
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