$$ COST $$

Lots of people have asked what did it all cost so here it is. I did not include the price of the car as you will have to see what you can get a car for in your area. The basic prices for the parts are all the same, convertible, fastback, notchback, etc. These are the actual prices I paid for my parts.

Restoration cost as of 2/9/06

Sheet-metal/Frame work
Item Cost
Labor 0
2 Seat pan rails 40
2 Shock towers 269
2 front full frame rails 250
2 front aprons (engine aera) 80
2 full floor pans 130
2 Torque boxes 80
2 Inner rocker 180
Battery tray 10
MIG Welding wire 20
Misc. Bolts, rags, cleaners, masking tape, cutting blades , grinder replacements etc. 100
2 Toe boards 60
Paint/undercoating 70
Engine Lift Rental 40
2 front shocks 38
2 front coil springs 65
SUB TOTAL 1432

Other

Other
Item Cost
Labor 0
Brake master cylinder 20
Front brake lines 35
Headlights 30
Rust Remover 35
Pertronix igintion 65
Mirrors 20
Trunk Mat 20
New really cool steering wheel 90
Welding supplies 40
Dash Pad Cover 90
SUB TOTAL 400

TOTAL = $1842

I still have to buy
Engine and tranny that will run about $2000
Carpet $160
Paint $200

Final estimated total for restoration this year
$4500

So this spring I will have a nice stang but next winter I intend to continue and replace the cowl vents, and maybe the rear frame supports and other stuff I am sure.

Sooooo am I in the red or did would I be ahead if I sold the car?
Here is the NADA used car prices for this car:
Original MSRP: $2,954
As of 02/2006
Low Retail – $11,550
Medium Retain – $19,200
High Retail – $31,600

You be the Judge as to the quality of the car, I have obviously hid nothing.
Is it Low retail? They define that as:
Mechanically functional condition, needing only minor reconditioning. The exterior paint, trim, and interior would show normal wear, needing only minor reconditioning. May also be a deteriorated restoration or a very poor amateur restoration. Most usable “as-is”.

They Define average as:
Could be an older restoration or a well-maintained original vehicle. Completely operable. The exterior paint, trim, and mechanics are presentable and serviceable inside and out. A “20-footer”.

High is defined as:
Excellent condition overall. It could be a completely restored or an extremely well maintained original vehicle showing very minimal wear. The exterior paint, trim, and mechanics are not in need of reconditioning.

Well the answer is even if it is valued at low retail I am well ahead. Of course this does not take into account the cost of my labor. I have seen estimates on other web sites that put the cost for the work I have done in the $10,000-$20,000 range. If I had to pay for labor and was doing this to make money I would not be a happy man, but I did the labor and I am not doing it for the money so I guess I am a happy man!

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