Depressed - restoration too costly!

Author Topic: Depressed - restoration too costly!  (Read 1903 times)

Offline Maxedwell

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Depressed - restoration too costly!
« on: August 03, 2006 - 02:35:19 PM »
Hello - I'm fairly new here; haven't posted much. Here is my sad story....

Had a dream to own a '70 or '71 big block 'Cuda for the past 7 years. After saving funds and looking for about 2 years, I finally found a '70 383 Barracuda for sale. The car even originally came with A/C, although the parts for that were missing. The car arrived 4 years ago by commercial transport. I drove it once around the block and then straight into the garage of a highschool autobody shop. Free labor! The car looked and ran rough. No surprise.
Over the next 4 years, the car was sand blasted and all rust cut out and repaired. New fenders, quarter panels, trunk, wheel wells (rear), floors patched, replacement firewall welded in. Then the car was primered and since it was just a shell, they sprayed the motor compartment, trunk, and door jams B5 blue (original color). After 4 long years, I could wait no longer and figured I had already saved a ton of money on body work. At this point I had about $8k in the project which included cost of car purchase and body parts (labor, although done by amateurs, was free). So I decided to send it to a professionial restoration shop, take out a loan, and have it finished. About this time, greed took hold of me and I decided to make it into a hemi Cuda clone with possible thoughts of selling it for profit and then buying a completed 383 or 440 Cuda for myself.
So I took the car into a nearby shop and told them what I wanted. This place is big, 25 employees and I saw plenty of their work. Top quality. Anyway, the bid came in and I darn near had a heart attack. They completely ripped the quality of body work already done (in some situations they were probably correct) and quoted me $32,000 - JUST for the finish bodywork and paint! This doesn't take into account the cost of the engine, suspension, electrical, and interior work. My heart sank like the Titanic. No way I can afford this. The shop at school is through with this car (instructor retires this year) so I can't expect them to finish it and even if they did, there is so much else to be done. The car is a rolling body shell at this point. I don't have the expertise or tools to finish it myself (I don't teach auto mechanics or autobody, just a lowly culinary arts instructor). What to do? My dream is quickly evaporating and I'm almost out of ideas....What would you do?   :feedback:
Maxedwell

1970 383 Barracuda - probably going to be a Cuda clone...
I've got a long ways to go - will it be worth the wait and $? Time will tell.....




Offline HemiDog

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Re: Depressed - restoration too costly!
« Reply #1 on: August 03, 2006 - 02:47:02 PM »
What did that $32,000 include?
For just body work (metal repair, prep, and paint) that seems way high.  :dunno:

Do you have pictures of what you are working with?

Offline Rev-It-Up

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Re: Depressed - restoration too costly!
« Reply #2 on: August 03, 2006 - 02:59:08 PM »
Sounds like it might be worth a second body shop's opinion.
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Offline Confederate Cuda

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Re: Depressed - restoration too costly!
« Reply #3 on: August 03, 2006 - 03:04:36 PM »
Maxedwell -
I would start by asking yourself a few questions:
1) What are your expectations? Why did you buy this car? Do you want one to show or to drive?
2) If you want a big block car, why not build the one you have and not worry about trying to profit from building a Hemi. You will have to invest a ton to get the right kind of money from a clone and there is trememdous risk.
3) I can't believe that paint and body work alone are $32,000 How many people have you had quote the work for you?

Building these cars is not cheap but it can be done. I know that we have members that build these cars for a living and can give you much a better idea of what the cost of your resto should be. Can you post some pics of your project?

Oldschool

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Re: Depressed - restoration too costly!
« Reply #4 on: August 03, 2006 - 03:33:00 PM »
I agree with others here---it sounds too high for body work and paint.   :dunno:   If you have pics, post em and let some of our resident resto gurus take a look.  You might be able to save some major bucks by letting a few more shops give you a quote.   :dogpile:  I wouldn't tell them how much this body shop told you---let em quote it on their own.  Hard to find a reputable/reasonably priced body shop.  Good luck and let us know what you end up deciding...    :cooldancing:   

Offline 4Cruizn

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Re: Depressed - restoration too costly!
« Reply #5 on: August 03, 2006 - 03:33:14 PM »
I'm with REV on this one . . . get another opinion.  That sounds way too high.   :nono:  Maybe try a company that doesn't have to pay 25 employee's.  Where are you located???  

Offline AprilsPink72Cuda

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Re: Depressed - restoration too costly!
« Reply #6 on: August 03, 2006 - 05:14:13 PM »
I agree with everyone else here too.  I would shop around.  That price is insane.  Hopefully you didn't mention the word Hemi, lol.  Most people on this site know that the price gets jacked up a million times when the word hemi is mentioned.  Best of luck to you.  I am sure you will feel better after talking to a few more shops.

Offline torredcuda

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Re: Depressed - restoration too costly!
« Reply #7 on: August 03, 2006 - 05:41:19 PM »
That shop better do national show quality work and even then I doubt it`s worth 32k.If you really dream of owning a `cuda forget the get rich quick scheme of biulding a Hemi clone and find another shop that will do good quality work at reasonable prices,they are out there.Biulding a nice 383 driver that will still show nicely can be done for under $20k.I would love to own a killer `70 Hemi `cuda but my `72 340 car is still lots of fun and what I could afford.
Jeff
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70 roadrunner 383/auto  In-Violet
70 Duster 360/auto drag car  (Petty Blue soon)
04 Ram 2500 5.7 Hemi

Offline miketyler

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Re: Depressed - restoration too costly!
« Reply #8 on: August 03, 2006 - 05:52:31 PM »
yep - $32K is crazy talk. I would think you could find a pretty decent BB car for that much coin.   :stirpot:
72' Cuda restomod
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daves70

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Re: Depressed - restoration too costly!
« Reply #9 on: August 03, 2006 - 05:52:56 PM »
I agree. Way too much money. :grinyes: Check around and you can find a lot better deal. Even with a Hemi installed, you can beat the price these guys are trying to rape you for. :thumbsup:

Offline Super Blue 72

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Re: Depressed - restoration too costly!
« Reply #10 on: August 03, 2006 - 06:00:57 PM »
That shop better do national show quality work and even then I doubt it`s worth 32k.If you really dream of owning a `cuda forget the get rich quick scheme of biulding a Hemi clone and find another shop that will do good quality work at reasonable prices,they are out there.Biulding a nice 383 driver that will still show nicely can be done for under $20k.I would love to own a killer `70 Hemi `cuda but my `72 340 car is still lots of fun and what I could afford.

 :iagree: Torredcuda and everyone else makes sense.  That's mucho deniro!  :scared:

So many people, myself included, would love to have a full blown resto done on there car.  For me personally, I know that will never happen just because I'll never have even $20k to throw at this car, actually not even $10K!  Or 5K.  :-[   You get the point.  :walkaway:

Get a second opinion.  See what your budget is and work from there.  I know you don't want a hack job but is there another highschool that can finish the work? 

Someone I know is actually taking autoshop at night for adults and is saving lots of money restoring his son's '70 Road Runner.  Since he is the student he is learning how to do all the welding and body work himself.

The $$ in  a profit situation is tempting but if you don't have the funds to make it happen makes it that much more heart breaking in the process of thinking of it. 

Worse case scenario is that you have a '70 big block Barracuda which is great and still more than what a lot of others have!  :2thumbs:
1972 Dodge Challenger Rallye 340, AT, Code TB3=Super Blue, SBD=8/17/1971.  Yes, a Rallye without the fender louvers from the factory because of the body side molding option.

Pic #2 and 3 of my ARII 1/24 scale model car 

Phil in New England-Massachusetts  Always thank God for what you have!

http://www.cardomain.com/ride/456046/1972-dodge-challenger

Offline Total BS

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Re: Depressed - restoration too costly!
« Reply #11 on: August 03, 2006 - 06:17:42 PM »
Max,

Just to give you a point of reference regarding prices.  I am restoring a 71 Cuda 383.  It is a rotisserie resto and the body work so far has cost me about $7K.  The final paint will run around $3500. This is a top notch shop and their work is excellent.  If I had the skills I would do the work myself but instead I work a little harder and pay the people that do this for a living.

I would definitely do some shopping around and by all means do not mention the word "Hemi"
1971 'Cuda 383
1970 Chevelle SS LS6
1999 Durango
-New Joisey-

Offline rallyechall

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Re: Depressed - restoration too costly!
« Reply #12 on: August 03, 2006 - 07:30:23 PM »
I am with everyone else here. That is way too high. Get several estimates on the job. It sounds as though they don't want to do the work if they are trying to cash in on crash jobs. My friend works in a dealership parts department, and with the mild winter this year, the bodyshop has suffered. Thier prices seem to go up when they don't have the work. If it were my car, I would jut build it stock if it is a matching numbers car. Hemis are nice, but way too expensive to worry about building. Stock muscle cars still bring in a pretty penny also. Especially big block cars. Good Luck

Offline ESGEE

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Re: Depressed - restoration too costly!
« Reply #13 on: August 03, 2006 - 07:48:58 PM »
I just got my Charger back from paint and it cost me $5000. For 32k you could just buy your dream car :bigsmile:
70 Challenger RT/SE(Looking for 383 Magnum N0B196875)
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Offline BIGSHCLUNK

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Re: Depressed - restoration too costly!
« Reply #14 on: August 03, 2006 - 07:55:02 PM »
WAY 2 Much $$$$$  :puke:

around here we would ask Do I geta **** job with that?  :scared:

Get a second opinion!  :thumbsup:
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