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Author Topic:   Don't laugh! PICS
66HIPO&more
Gearhead

Posts: 3594
From: SLC, UT
Registered: Jul 99

posted 03-16-2005 11:04 PM     Click Here to See the Profile for 66HIPO&more     Edit/Delete Message   Reply w/Quote
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

posted 03-16-2005 11:15 PM     Click Here to See the Profile for whiteknight289   Click Here to Email whiteknight289     Edit/Delete Message   Reply w/Quote
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

posted 03-17-2005 07:15 AM     Click Here to See the Profile for Fastback68   Click Here to Email Fastback68     Edit/Delete Message   Reply w/Quote
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

posted 03-17-2005 08:07 AM     Click Here to See the Profile for SteveLaRiviere   Click Here to Email SteveLaRiviere     Edit/Delete Message   Reply w/Quote
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

posted 03-17-2005 04:10 PM     Click Here to See the Profile for Big D   Click Here to Email Big D     Edit/Delete Message   Reply w/Quote
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

posted 03-17-2005 09:03 PM     Click Here to See the Profile for Ked   Click Here to Email Ked     Edit/Delete Message   Reply w/Quote
......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

posted 03-18-2005 12:35 PM     Click Here to See the Profile for Dave Gibson   Click Here to Email Dave Gibson     Edit/Delete Message   Reply w/Quote
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

posted 03-18-2005 07:56 PM     Click Here to See the Profile for 68 S-code GT   Click Here to Email 68 S-code GT     Edit/Delete Message   Reply w/Quote
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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