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Project Cars Vs Driving - Complete - Finished Cars


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#21 WA240Z

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Posted 07 June 2017 - 09:38 PM

I have so much admiration for you gents who undertake ground up restorations in your own garage/shed. Your dedication and commitment to the finished product is very inspiring. The longest I have had my car off the road was when I had the engine rebuilt and the engine bay blasted and resprayed. All up that was about 10 weeks from pull the engine to back on the road. And that was about as long as a project I would want to be committed to. 

 

I love cars, but for me my love is all about the driving. For those who enjoy working on cars I find there is more than enough maintenance and tinkering on road going classic cars. I recon I spend on average 10 hours or so every couple of months just maintaining the car, improvement here-improvement there.

 

I really feel for those who have no other option than enter the early z market through a car requiring a complete restoration, add to that the length of time they miss out on enjoying a great drivers car (when well sorted). If it was me and I could only afford $10k I would grab me something like a series one MX5 etc, and leave my weekends for driving. To put into context, if I could afford a basket case Ferrari 250 GT SWB (my all time favorite) only to spend the next 10 years slaving away restoring it I would have my driveable Z in preference for the simple fact I can enjoy it now.


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#22 luvemfast

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Posted 08 June 2017 - 07:29 AM

Is that a VG Simon ?  A VG Coupe is number 3 on my list of collector cars I want ! (The Z was number 1, EK Holden Ute number 2)

Those earlier pics are VH pacers.

I spent 2 years monitoring the market. When I came across them, I had to buy without hesitation. (since sold, profiting from each)

 

Here's another tip for newbie's.

Many classic cars never hit the open market. They change hands behind closed doors and if you don't know the right people or get involved, you will miss out.

 

Over the years, I have bought and sold 2 VH Pacers, 1 VG Pacer hardtop and bought another VG Pacer Hardtop. Not one was advertised publicly.

 

Here's a pic of my family friendly toy.

Even though it's a driver. It's currently stripped out as everyone's standards are different and it wasn't up to mine just yet. 

So buying a finished car is actually near on less possible than riding a unicorn.

Finished, not finished!

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#23 gav240z

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Posted 08 June 2017 - 07:34 AM

Here's another tip for newbie's.

Many classic cars never hit the open market. They change hands behind closed doors and if you don't know the right people or get involved, you will miss out.

 

Over the years, I have bought and sold 2 VH Pacers, 1 VG Pacer hardtop and bought another VG Pacer Hardtop. Not one was advertised publicly.

 

I tend to agree, the good stuff doesn't even hit the open market generally speaking and if it does by then it's too late. Too much competition!



#24 ScottyD

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Posted 08 June 2017 - 09:37 AM

I tend to agree, the good stuff doesn't even hit the open market generally speaking and if it does by then it's too late. Too much competition!


Your right on the money there Gav, I put up a WTB add on this forum with a Healthy budget and had the choice of 4 cars within 12 hours and none where advertised. I am now the very proud owner of one hell of a good Zed.

Edited by ScottyD, 08 June 2017 - 09:38 AM.

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#25 KatoKid

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Posted 08 June 2017 - 11:49 AM

Double edged sword......by a basket case and expect to spend a lot and do it properly....or buy what is supposed to be a good car only to find its not so good a few years down the road.

 

I like the building bit, the satisfaction of completing it and knowing exactly whats gone in to it. Buying a car and driving it is OK but I find I get detached from them pretty quickly and sell them on. 


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#26 peter t

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Posted 08 June 2017 - 04:53 PM

After four or so years building my green bus, I thoroughly enjoy driving it all the time with minor maintenance. These old cars require a lot of that. I recently purchased a 260  2 seater that was, as I have found out not very well restored but as I am now retired it has become a bit of a project. Not a lot to do but just find the rust that has ben covered up and fix it. Hopefully I can do that without a repaint. So even when you think you know what you are looking at these old cars will bite you. Not good for a young bloke who wants to drive his car straight away but hello these cars are now over 40 years old. I feel sorry for Mitch who spent 13 years and a lot of money building his car only to have it go for a swim but I am sure he will recover and get his dream car on the road. I guess I am one of the lucky ones who has a car to drive and one that is a minor project. As far as the race car builders go I guess it is a case of whatever pulls your chain. I would love a race car but that is another deep well that needs to be full of cash that I don't have so I just enjoy my race car look alike as I did when I was 18. Pisses me off to remember my 1600 cost me $1500 back then.

 

My two bobs worth.



#27 PZG302

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Posted 08 June 2017 - 07:13 PM

In my case, it is a 16 year checque book restoration, why because the scope changed over the first couple of years and life gets in the way. I'm lucky the restoration shop is patient with me, as I am with them. When it's finished, it won't be the fastest Charger in the country, won't be the flashest, but will be one of the best restored ones in the country.

 

Will it be worth what I spent? One day maybe, but as it is just and XL and not an R/T I have basically had a blank canvas to do what I want with it. If it was an R/T, personally I would feel obligated to restore it to concourse standard. I was also lucky that I was able to buy the car for next to nothing before the values sky rocketed for these cars.

 

My S14, again a long term project because of life, but I am doing what I can with my skill set, and outsourcing the rest to people who think the same way I do and who are helping me in getting stuff done at agood price and some stuff that I wouldn't otherwise be able to get done because they know the right people.

 

My old merc, the Teutonic Barge, I bought it because I like old cars and it was cheap, the paint is shot, but meh, it ads to the shabby Yakusa chic of the car.

 

I prefer to drive than build, but like to tinker and do what maintenance I can. I also get my enjoyment from the thinking and research to arrive at the end point that I want with whichever car is being worked on at the time.

 

My MX5 was a fun car to drive and still simple enough that I could do all the maintenance myself, and I enjoyed doing that work and the preparation work necessary for track days.

 

My old 240 race car was the same, did all the maintenance and prep I could, but knew my limits and when to outsource work so that it would e cheaper and done right in the long run.



#28 EJ101

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Posted 08 June 2017 - 09:02 PM

i'm in the camp that wants a car that's pretty much done or 90% there. I don't want a full resto job because I know how long it will take and know it will be a money pit and that i'll probably never get it done. I don't have the skill or patience to tackle rust repairs, but mechanical stuff like suspension and brakes I'll have a go at and things like interior, some electrical etc etc. Engine builds and gearbox and diffs I'd leave to the experts. My friends are always at me........"just get one" not realising that I'd need $50-60k. (there are 2 longtermers on carsales that i'd go for if I had the available funds) Most people think $20k will get you a pretty good car. Having pretty much modified every car I've ever owned, some a bit, some a lot, I know tackling a full resto for me is just romantic fantasy!



#29 Cozza

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Posted 09 June 2017 - 12:28 AM

No doubt $20k will get you a pretty good car
https://www.carsales.../SSE-AD-4721288
(a simple search for Max $20k sorted by max torque)
But for S30 tragics, $20k is not enough to get in to the current market unless you buy a project.
I really enjoy my 240 but I honestly don't think I would pay the money I could sell it for. There are just better "value for money" alternatives
Just lucky I bought it when I did. :)

Edited by Cozza, 09 June 2017 - 12:44 AM.





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