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Total Newb - Debate on type of build

SeaVee

Newbie
Joined
Oct 28, 2019
Messages
176
We are doing a full frame off resto of a 77 I’ve had in my garage since 99. Bought it in 92. Professional body and paintwork, with a lot of the mechanical done by me and friends. Going on 3 years and just passed the 80k mark. Still have to wire it. Never thought I could lose money on it, but I’m getting close, especially with the prices cooling off. IMG_0791.jpeg IMG_4672.jpeg IMG_4841.jpeg
 

Colo77Bronco

Contributor
Sr. Member
Joined
Oct 10, 2004
Messages
654
Loc.
Colorado Springs
Thank you!

Your math was similar to my math. By farming out I meant more getting guys to help me who know how to do it instead of professional companies. I do have access to people I know.

Chassis with 302 engine and c4 auto - $16k plus $2k for shipping to me
$14k perfect tub ready to paint
$5k paint
Other engine mods and heaters etc $10k
AC/heat - $2200
Interior - $10k
Labor - $10k

I have about $70k here.
The $14k "perfect tub" doesn't exist. I have one in my garage from a very reputable builder and they take a lot of work still. Blocking, sanding, the alignment of all the panels changes when load with the parts. There is no rust but the rest requires A TON of work.

I have a great connection for body work and pain and my perfect tub will be another $15k to finish and that is a deal. Quality paint alone will be $3k just for the paint in the can.
 

Torkman66

Contributor
Sr. Member
Joined
Apr 3, 2022
Messages
544
It also depends on what each person "thinks" is really nice. I have seen cars at many shows that people love that have terrible body lines and gaps, overspray, and orange peel and runs in paint. The owner talks about his or her "show car". I just smile and say looks nice. But....a true top dollar Bronco has hundreds of experienced body work hours just in blocking. Setting perfect gaps in doors, hood, tailgate takes many hours of work to include cutting, grinding, welding, and hand filing. If you sent my shop a "new" body and wanted it back with a show quality paint job, I'd charge you 15k for body prep and then 15k for base and clear, cut and buff. If you dropped off an old Bronco and it needed everything done for a full show truck restoration, I'd charge you 100k+ and have it a year. But....your "show" truck idea may not be the same. There is a big difference between what you would see at SEMA and what you see at your local drive-in show. I love both and have built cars at both levels and the price between the two is significant. Bottom line: unless you can do all or most of the work yourself, you WILL NOT make any money and will likely never finish it. If you do it yourself and have little experience, you'll have fun, spend double what you think, and have a nice driver when done that's worth 1/2 of your money spent. Restoration is a hobby and a labor of love. I've made some money doing nice restorations, but not very much. Instead I do it because I'm obsessed with the process. I love rust repair. I love building drivetrains. I love body and paint work. Interior design and final prep. I own the restorations a few months and sale them in order to start another one...for me its the process that makes restorations such a great hobby, not the money.
 

ksagis

Contributor
Aspiring Bronco Guru
Joined
Jun 15, 2020
Messages
296
Buy and build / tinker on an EB because you have an emotional attachment to them not because you want to profit.

For me, we drove them in High School in the 80s when they were about 15 years old and affordable fun (and the tech and mods are so much better now!)

Put the cash that you currently have in your pocket in the market or buy a CD. Put roughly 10k in the same account for each of the next 3 to 5 years. You’ll be in a better place.

P.S. I am interested why the other guys drive and work on EBs…. :)
 

DirtDonk

Contributor
Bronco Guru
Joined
Nov 3, 2003
Messages
48,743
What, you can drive an EB?
Says the guy who daily drives his to this day! :)
With lots of old-school custom modifications that were done extremely well.
Oldtimer is definitely my hero!
 
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