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Author
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Topic: Don't laugh! PICS
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66HIPO&more
Gearhead Posts: 3594
From: SLC, UT
Registered: Jul 99
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posted 03-16-2005 11:04 PM
  
You will be wondering if we're crazy to rescue such a POS. But it's growing on us. Will be hard to sell when done.Here's some pics of STAN in process. Thus far:
Engine out
Engine bay stripped
Both sides full floor pans replaced
Four rusty holes in fender aprons patched
Torque box repaired
New battery tray
Both rear quarters off
Floor drops in trunk replaced
Outer wheel housings cut down New wheel housings and fenders are here. That will be the weekend job.
Mike, Sr. has done all the welding. He wanted to do this car to practice his welding skills before taking on our Pace car, which is not nearly this bad, not even close. Mike, Jr. is starting cleanup, detail on the engine and tranny which ran great before coming out. The original plan was to fix all the body work, spray a primer coat, clean up the interior and sell. Now they are considering a "cheap" ($770-$1000) paint job. Sr. will do the primer coat, but pay someone else do spray the paint. Do you think we'll get enough more when selling to make painting worthwhile. Or do you think the buyer would rather chose their own paint? Plan to use funds from sale of STAN to by a 4 post lift. J.
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whiteknight289
Gearhead Posts: 1348
From: Wheaton, IL, USA
Registered: Mar 2004
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posted 03-16-2005 11:15 PM
I'd say "no paint job" is better than "cheap paint job".
Let the new buyer have some fun!
Also, the more you put into it the higher your selling price will have to be, which may start to leave out many low $$ buyers. You'll have to find just the right buyer who wants to spend a lot on a 6 cyl coupe. They are out there, but not too common. You may not make any additional profit, but you will definately have to ask for more money. If you make $2000 profit right now, or make $2000 profit after putting another $1000 into it, you're still at the same profit. The sooner you get out the more net profit you should get. Scott
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Fastback68
Gearhead Posts: 3093
From: Sucat, Paranaque, Philippines
Registered: Jul 99
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posted 03-17-2005 07:15 AM
quote:
The sooner you get out the more net profit you should get.
So far, I take that as a rule of thumb for six-cylinder coupes. Get it running, yeah, then get out quick.
Or ... spend three times as much on a paint job and engine rebuild as you'll be able to sell it for.
Sad but true 
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SteveLaRiviere
Administrator Posts: 43152
From: Saco, Maine
Registered: May 99
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posted 03-17-2005 08:07 AM
Nice work! It doesn't seem that bad, at least you have frame rails.  ------------------
'70 Mustang Mach 1 351C 4V/FMX/3.25 Open
'70 Mustang Convertible 250 I6/3 speed/2.79 Open
'72 Mustang Sprint Hardtop 351C 4V/FMX/4.30 Trac Loc
'94 F-150 XL 5.8L/E4OD/3.55 Limited Slip
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Big D
Gearhead Posts: 5133
From: WELLS, NEVADA USA
Registered: Nov 2000
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posted 03-17-2005 04:10 PM
I'm just glad it you and not me..  Mike's a glutten for punishment.. When does he find the time.. ------------------
Don
6T6 Fastback
331 STROKER, T-5
Royal Blue Metallic w/SoonToBeNewAndImprovedFlames
http://mustangsandmore.50megs.com/MembersPics/BigD.html
First Time out..
13.384 sec @ 103.388 mph
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Ked
Moderator Posts: 8960
From: Fayetteville, N.C.
Registered: Jul 99
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posted 03-17-2005 09:03 PM
......i kinda bet after all that work Stan will just become another member of the herd............
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Dave Gibson
Moderator Posts: 8967
From: Norfolk, Virginia, USA M&M#166 MCA#47921
Registered: Aug 99
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posted 03-18-2005 12:35 PM
Looking good Joyce! Your guys do great work.  I'm also with Ked on the fact that Stan may end up staying with the Herd. Dave & Terri ------------------
'65 Mustang Fastback
'66 Mustang Coupe
'02 Explorer XLT
Common sense isn't common anymore.
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68 S-code GT
Gearhead Posts: 2518
From: Sayreville, NJ, US
Registered: Mar 2000
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posted 03-18-2005 07:56 PM
Its not that bad compared to what?s back east.------------------
Ed S. 68 S-code FB GT 4spd(now C6)/3.25 PS PDB
68 J-code(now 289) Cp Sprint"B" C4/3L00-9" PDB PS AC Bla-Bla-Bla
99 F150 XLT Ext/cab, 4X4, 5.4L, 3L55
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