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Old 12-09-2012, 08:30 PM   #76 (permalink)
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Confused resto costs

I remember reading about the red 66 Shelby convert. The owner bought it for $95K and then did a Thoroughbred resto for around $300K. And it'll NEVER be driven again! Lot of money for a lawn ornament!
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Old 12-09-2012, 08:55 PM   #77 (permalink)
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Default HA! Money Pit.

Build a aftermarket 427 Sideoiler Stroker.
Then put it in a 68 Fastback.

I think you may not have the right car. Seriously.
If you need someone to talk you into it, then it may not be.
If you lust after a Sportsroof or Fastback get one.
My first Stang was a 74 Ghia, a gold colour with the half vinyl roof thing.
I will always have a place in my heart for the Ghia.
I lust after a Wheel Standing 68 Fastback 427 SO.
But having a Ghia would never fill the lust.
Buy what you lust. jmo
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Old 12-09-2012, 09:12 PM   #78 (permalink)
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All very good points. I really need to look at it as a hobby I guess. Im also into R/C aircraft and over the course of 15 years have spent thousands. A few of those were $1000 each! Any given day gravity will destroy those things. Anyone who flies R/C aircraft knows, haha. I may have to sell off my R/C stuff for mustang parts, haha.

I do like the car and so does the wife, so I got that going for me. I would like to have this car for 40 more years...that would be awesome.

Mike

That's excactly what I did. Sold two of my turbine jets to fund my 68 coupe.

It's my hobby money and I tend to move it freely from one thing to another and back again
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Old 12-09-2012, 09:34 PM   #79 (permalink)
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That's excactly what I did. Sold two of my turbine jets to fund my 68 coupe.

It's my hobby money and I tend to move it freely from one thing to another and back again
Got a friend with 4 turbine jets, all I can say is wow!

Mike
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Old 12-10-2012, 11:02 PM   #80 (permalink)
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Wait, what the heck is a turbine jet? I need to know if I want one. Peter
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Old 12-11-2012, 07:35 PM   #81 (permalink)
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Well, just dropped another $300 into the car today on seat belts and trim. Guess seat belts are a must have item, chrome trim was a want.

Mike
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Old 12-11-2012, 08:17 PM   #82 (permalink)
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my car is a heap compared to yours and i'm in mine for over $4k (just got it, and havent even started).
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Old 12-11-2012, 08:24 PM   #83 (permalink)
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Wait, what the heck is a turbine jet? I need to know if I want one. Peter

He's referring to radio control model airplanes. For the last 20 years or so you've been able to buy and install true jet turbine engines in them But the engines alone sell for thousands of dollars. When I flew radio control airplanes, they were beyond my pocket book. I too sold off all my R/C stuff to buy Mustang parts.





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Old 12-11-2012, 09:10 PM   #84 (permalink)
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You are not alone..."Hi my name is Brian, I bought a rusty Mustang!" I should have bought a new GT but by golly I needed a new hobby!! Be careful what you ask for...hehehe
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Old 12-11-2012, 09:16 PM   #85 (permalink)
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[QUOTE=Pmustang;4340139]Wait, what the heck is a turbine jet? I need to know if I want one. Peter[/QUOT

Sorry Pmustang, I thought you were being funny.

Yea as stated, its a real turbine, real loud, real cool, and real expensive. Thay also really blow up when crashed. Most beginner turbine R/c jets on average cost about $5000. That can be lost in about a half second.

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Old 12-11-2012, 09:20 PM   #86 (permalink)
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IHe's referring to radio control model airplanes. For the last 20 years or so you've been able to buy and install true jet turbine engines in them But the engines alone sell for thousands of dollars. When I flew radio control airplanes, they were beyond my pocket book. I too sold off all my R/C stuff to buy Mustang parts.





Yea, I have a room full of electric stuff. It all needs a new home, haha. I kow I will NEVER get my money back on my R/c stuff.

Mike
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Old 12-11-2012, 09:26 PM   #87 (permalink)
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my car is a heap compared to yours and i'm in mine for over $4k (just got it, and havent even started).

I can't really see your car that well,but from what I do see looks like $4K isnt bad for initial cost. I gave top dollar for a non top dollar car, then started, and it's only a good driver. When I do get that lucky lottery ticket, I will get what I really want, haha.

Mike
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Old 12-11-2012, 09:37 PM   #88 (permalink)
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Sometimes I think it helps to take a different perspective on the money we spend on these cars.

I drive my '65 to work quite a bit, and a while back a coworker comments "Man, I wish I could afford a hobby like that!"

Now, this is a guy that happens to be a golf freak- so I point out that he probably golfs 3x a month and it probably costs him $100 a round (to which he laughs and says "only if you're playing on a crappy public course"). Okay then, we agreed he probably spends $500 a month on greens fees (PLUS all the $$$ on clubs and other stuff). Point being, at the end of his golf outing that money is gone- no residual value. At least with a Mustang, the money you put into it has some value when you're done.

Add in the fun the family has going to car shows- or just driving out to Sonics- and the fact that I actually get real utility out of the car- its all pretty reasonable as hobbies go! (Can you believe the wife actually buys that line of reasoning ).
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Old 12-11-2012, 09:42 PM   #89 (permalink)
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Originally Posted by mikek69 View Post
I can't really see your car that well,but from what I do see looks like $4K isnt bad for initial cost. I gave top dollar for a non top dollar car, then started, and it's only a good driver. When I do get that lucky lottery ticket, I will get what I really want, haha.

Mike

You ain't alone buddy. I paid the price of a 8-9 (on a 1-10) car and got about a 4-5.

Drive on.
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Old 12-11-2012, 09:46 PM   #90 (permalink)
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Originally Posted by Varilux View Post
Sometimes I think it helps to take a different perspective on the money we spend on these cars.

I drive my '65 to work quite a bit, and a while back a coworker comments "Man, I wish I could afford a hobby like that!"

Now, this is a guy that happens to be a golf freak- so I point out that he probably golfs 3x a month and it probably costs him $100 a round (to which he laughs and says "only if you're playing on a crappy public course"). Okay then, we agreed he probably spends $500 a month on greens fees (PLUS all the $$$ on clubs and other stuff). Point being, at the end of his golf outing that money is gone- no residual value. At least with a Mustang, the money you put into it has some value when you're done.

Add in the fun the family has going to car shows- or just driving out to Sonics- and the fact that I actually get real utility out of the car- its all pretty reasonable as hobbies go! (Can you believe the wife actually buys that line of reasoning ).

Good thing I suck at golf, haha
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