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All Joking Aside, What Would You Do?

  • Thread starter Thread starter projectfiveo
  • Start date Start date Feb 23, 2010
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projectfiveo

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Feb 23, 2010
#1
  • Feb 23, 2010
  • #1
Ok as some as you know I bought a 89 roller that had never been wrecked, just minor surface rust in a couple spots for 200$. I have since stripped it down to frame. When removing dash I noticed that rats, dogs or something has destroyed the dash wiring harness. Ive looked for one, used they are going for couple hundred bucks. I also need interior, I want all black. I picked up all grey interior minus seats, and dash for 130$. I found a 90 LX Auto, full car with over 200,000 miles, it has huge rust hole in rear quarter, and rear fender rust. It also has full black interior, only problem is its a sun roof car and has sit and leaked for 4 or 5 years on interior. Im not sure if the plastic pieces of interior are scratched up or not but interior is very dirty. I can get whole car for 500$ but have to drive about 4 hrs to pick up. I planned on getting in and keeping interior, inside wiring, lx taillight, stock 10 hole wheels, short block, and maybe fenders. Im borrowing the 500 from a friend who doesnt think its a good idea, what do you think? I planned on selling tranny, rest of motor, hood, spoiler, hatch, sunroof, bumpers, engine wiring harness and computer, stock suspension (whats sellable), and anything else left, and finally selling the frame of car to someone wanting to start a project. What could I make on parting the rest of it out like that, just throwing a guess out? I just need to make enough back to pay him the 500$ back and hopefully a lil more to help fund my project. Sorry if any of my questions are not allow, mods feel free to remove if needed, I just need some honest advice.
 
9

94gtfreak

Active Member
Oct 19, 2008
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your moms house
Feb 24, 2010
#2
  • Feb 24, 2010
  • #2
I'd go for it if you know you will be able to off the extra parts. Interior parts can always be cleaned up.
 
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projectfiveo

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Aug 30, 2005
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Feb 24, 2010
#3
  • Feb 24, 2010
  • #3
Thanks man. Yeah I know selling the other parts is what worries me.
 

NIKwoaC

中國製造
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Oct 31, 2006
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Feb 24, 2010
#4
  • Feb 24, 2010
  • #4
Joking aside? It sounds like you're counting your chickens before the eggs are hatched and embarking on a project that you don't have the financial means to support. I would NEVER borrow money for a car project, and borrowing from a friend for ANY reason is usually a bad idea.

You should know by now that money in this game doesn't usually find it's way back into your pocket. I wouldn't expect you to get all your money back by parting out that car, if even half of it.

But that's just me man. You're free to do things as you see fit.
 
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RatStang

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Feb 11, 2010
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#5
  • Feb 24, 2010
  • #5
I'd piece part the interior. Any color will do. VHT interior dye and prep is your friend.

I'd slap a roll cage in that beoch while it's gutted too.
 
D

domination

New Member
Jan 25, 2006
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Feb 24, 2010
#6
  • Feb 24, 2010
  • #6
As mentioned above, I wouldn't build a car on credit. Especially from friends, that's how friendships are ruined. Just stack some money up until you have enough to fund what you need without borrowing from people.
 

stykthyn

I want to measure mine. It doesn't look that tall.
15 Year Member
Jul 6, 2006
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gainesville
Feb 24, 2010
#7
  • Feb 24, 2010
  • #7
troof. putting any money into that thing is a complete waste if you think you are getting anything other than personal enjoyment from it. save your pennies and scour the classifieds. By the time you have some cash you will run across the parts you need and hell you may even be able to trade for some of them.
 

25thmustang

Mustang Master
Sep 5, 2003
2,021
85
99
Montgomery, NY
Feb 24, 2010
#8
  • Feb 24, 2010
  • #8
x6 (is that the number now?)

Borrowing money is NOT for modding a Mustang. If you can't afford it cash right now, you shouldn't be trying to. Harsh lesson, but definately a reality, as you would most lilely be ruining any friendship you had with said person. Adding that he doesn't agree with the purchase, just makes it even more of a "red flag".

With that said, water getting inside the car might mean nothing, it might mean only the plastics are usable. Carpet isn't expensive if it's damaged, but if your borrowing for the car, your probably not going to shell out the $$ for new carpet. Seats are not cheap, and waterlogged, smelly seats are a BAD idea. They can be cleaned and reused, but do you have the means to do this?

Parting out a car is a GREAT thing, but not a garantee. You will have to do all the work, all the listing, all the meeting with buyers, all the haggeling, and you WILL sit on parts for days/months/years and possibly forever. Some parts sell in minutes, others you can't give away.

In the end, if you have the time, money, and resources, what you propose sounds good. If your borrowing money, banking on selling used stock parts to recoup it, and live at a place that frowns on junk cars in the lot, it might not be your best bet.
 
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projectfiveo

Member
Aug 30, 2005
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Feb 24, 2010
#9
  • Feb 24, 2010
  • #9
Thanks for the advice guys
 
9

93 5.0 GT

New Member
Apr 9, 2009
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Feb 24, 2010
#10
  • Feb 24, 2010
  • #10
Save the friend forget and about his money.When you get your own money do the car
 
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projectfiveo

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Feb 24, 2010
#11
  • Feb 24, 2010
  • #11
What if it was my money would it be worth it?
 

fiveohwblow

Official Member
15 Year Member
Jul 21, 2005
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Feb 24, 2010
#12
  • Feb 24, 2010
  • #12
It would change the stakes quite a bit yes. I think we are all in agreement a friendship should be valued at more than $500. That being said, if you get there and its beat up and too far gone and you cant recoup your money, you are only out the 4 hour drive each way. There is no obligation for you to purchase it until you hand him the dollars.
 

stykthyn

I want to measure mine. It doesn't look that tall.
15 Year Member
Jul 6, 2006
5,232
2,652
223
gainesville
Feb 24, 2010
#13
  • Feb 24, 2010
  • #13
If you had the money saved up then yes, but if you have to get a loan period, dont do it. The car isnt going anywhere. As badly as you want it ready to go right now putting it on hold is probably the best thing to do. You might even find a better deal on a nicer interior while you are at it.
 
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projectfiveo

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Feb 24, 2010
#14
  • Feb 24, 2010
  • #14
To me the inside wiring, taillights, black seatbelts, and what's savable inside is worth 500$ I agree about the 500$ friendship thing but he is cool about loaning the money cause i've helped him out before, but I do see what your saying.

will 90 interior and seat belts even bolt up right in my 89?
 
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projectfiveo

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Aug 30, 2005
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Feb 24, 2010
#15
  • Feb 24, 2010
  • #15
Ohh and by the way he did say the inside did smell bad.
 
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projectfiveo

Member
Aug 30, 2005
347
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Feb 24, 2010
#16
  • Feb 24, 2010
  • #16
I think I'm just going to work with what I got now and worry about that stuff when it comes time to buy it. Thanks guys
 

NIKwoaC

中國製造
15 Year Member
Oct 31, 2006
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Feb 24, 2010
#17
  • Feb 24, 2010
  • #17
projectfiveo said:
I think I'm just going to work with what I got now and worry about that stuff when it comes time to buy it. Thanks guys
Click to expand...

Thattaboy.
 
R

rednotch88

Member
Sep 6, 2008
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CHICAGO
Feb 24, 2010
#18
  • Feb 24, 2010
  • #18
93 5.0 GT said:
Save the friend forget and about his money.When you get your own money do the car
Click to expand...

 
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