$150k in Receipts and Selling for $60K

palerider94 · May 7, 2010

$150k in Receipts and Selling for $60K and my wife thinks I'm taking a bath on my car. Must be a gold lined exhaust system.

http://cgi.ebay.com/ebaymotors/1967...iewItem&pt=US_Cars_Trucks&hash=item5d28ed2e95

shoguun · May 7, 2010

60k seems like a lot. How did they spend 150k on it?

az50 · May 7, 2010

shoguun said:
60k seems like a lot. How did they spend 150k on it?

...or why?

Az Pete · May 7, 2010

All that work on the body, I really expected to see a knock out interior and engine...........

mmaki · May 7, 2010

I think they need to find a better photographer, or painter. It looks like a big black orange to me.

D.Hearne · May 7, 2010

shoguun said:
60k seems like a lot. How did they spend 150k on it?

Go back and look again. It was $170K "invested" Nice car, but 60K for a small block car ? PT Barnum WAS right.

hhead · May 7, 2010

Az Pete said:
All that work on the body, I really expected to see a knock out interior and engine...........

x2

Tim65GT · May 7, 2010

Even $170K is chump change. Haven't you heard of the $1.3 Million Mustang?

The Obsidian SG-One: A $1.3 Million Dollar Mustang – Gallery & Video

ARPM · May 7, 2010

You will be surprised of how much a project will suck out of your pocket. I spent $23,000 in chrome only in my 65 vert and had $167,000 6 years later in invoices. I stoped piling up invoices 2 years ago but I am pretty sure a have at least $4,000 more invested on it.

hungrymonkey · May 7, 2010

where did all the money go?

Not a whole lot of custom work done on the car. It looks like a backyard build with a very good paint job.
I am wondering if it was a basket case and the owner had a shop repair it.

dodgestang · May 7, 2010

Looks like pepboys fog lights to me.

Then again...if you aren't careful and are paying someone to do everything to your car....it can get expensive...and you can't recoup the costs.

shoguun · May 7, 2010

The engine is what got me. Looks completely stock. Maybe its a hi po but there is no way to tell unless you hear it run. Also the engine compartment looks dirty? you think if your selling your car for 60k you would make everything spotless. I cant imagine anything going for 60k that is not all original and not something special like a gt or shelby or something else rare.

shoguun · May 7, 2010

Tim65GT said:
Even $170K is chump change. Haven't you heard of the $1.3 Million Mustang?

The Obsidian SG-One: A $1.3 Million Dollar Mustang – Gallery & Video

i love mustangs and all classic cars but i dont see how i could ever spend 1.3 mil on one. I just cant fathom what they spent it all on.

pabear89 · May 8, 2010

dodgestang said:
Looks like pepboys fog lights to me.

Then again...if you aren't careful and are paying someone to do everything to your car....it can get expensive...and you can't recoup the costs.

.... Paying someone? Come on now take a good look!
That much invested and some simple things would have been done better.
Look at the tailpipes
One look under the hood shots and
Notice no under body/drivetrain pic's.
They are not going to get my money.

hhead · May 8, 2010

Besides being a sub standard engine bay and interior for the price. Isn't his engine bay incorrect.
The power steering hose wrapped in a big circle on the inner fender. The windshield washer hoses are not correct on the cowl. That is one sad looking engine bay.

Az Pete · May 8, 2010

.........the hose routing is more restomod stuff.......lol

palerider94 · May 8, 2010

+71 PS pump. $30k tops for that car.

jonfor · May 9, 2010

dodgestang said:
Looks like pepboys fog lights to me.

Then again...if you aren't careful and are paying someone to do everything to your car....it can get expensive...and you can't recoup the costs.

i have a coworker that contracted a shop to have a "show truck" built out of a 50's chevy. what he got was a $8K truck (straight sheetmetal, clean paint, and stock suspension-brakes) with a hotrod engine* that wouldn't outrun my wife's SUV and what he payed was north of $40K. then he had to do wheels, stereo, wood bed, interior,....

i'm not saying that i would not have the right car done by the right shop, because i would if i had the money, but it would be a keeper.

*hotrod engine is a mid 80's smog 350 with a craptastic flat tappet cam, lots of chrome, and headers.

uhoh5.0 · May 9, 2010

It has the pos grant steering wheel just like mine though, lol!

runawayabc123 · May 9, 2010

I would want to know MAJOR details on a T code I6 convert for 60K, like ALL: engine, power train and suspension details.

Some one hosed you for that much money. Did you have a contractor on this build? What happened?

I think even the 30K sale guess is way high unless you get a plain foolish buyer. Good luck on selling. Sorry for sounding mean, but I thought honesty would be the better way to go on this one.

$150k in Receipts and Selling for $60K

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