Good grief! I'm flat hammer with just one project on the go. In the last ten days I have seen the following; Guy #1; 34 coupe, 34 roadster, 39 coupe, 66 Mustang..... Guy #2; A roadster, A pickup, 2 x 39 coupes, jailbar pickup, 47 club coupe, 66 Mustang, 56 Buick 2 door longroof, 60's Buick..... Guy #3; 36 coupe, 34 coupe, A pickup, Dodge Polaris, 37 Chev coupe, nostalgia dragster... Man, I am soooo envious. How the hell do these guys find the time and money for this level of building? I need to win the lottery....
I think it called ADDICATION. An addict spends all hime time and money on the obsession to the exclusion of almost everything else. Just ask my wife! regards, DJ
GOOD DEALS You just cant p*** 'em up. You finish one up and its time for another. My biggest problem is that between my cars and pop's, theres no more room! -Dean
Oh.. you mean you're supposed to finish one before starting the next? I always run into a "good deal" before I get one finished, and with my short attention span have to buy it.
It actually works out good to have several projects. ( thats what I keep telling my wife) 1.You buy projects when they are available and good deals. 2.When you go to swap meets you can find parts for several project cars, and purchase when they are good deals. Makes for a cheaper build in the long run, the key is to purchase projects that you really want to build and drive. That way they get completed. Also gives you stuff to trade or sell if the need arises.
My dad has 3 or 4 projects going at a time. He is retired. I think not having a job permits you to do a lot most people don't have time for.
Joeycarpunk: wellspoken just how i feel, now i feel even more confident that 11 project cars is the way to go , which actually do work out fine for me i find parts here and there that add upp to em all, may take a while but i got almost everything i need for 11 cars
Having a bunch of projects is a lot more fun for me. If you run out of parts or interest you go onto another, and always hope that you have enough money for the next one that comes looking for a home. The 1925 Henderson 4 Midget is still my main interest now, the '50 Fleetline needs a new home, in my mind it's finished.
I have no wife, no kids, I don't smoke and I don't go out drinking and corousing much. Without all of those things to spend money on and 20 plus years of doing the old car / hot rod thing, cars and projects have had a way of adding up for me. It's just me, my dog, my house and my cars, nice and simple.
I am guessing you have been up to my neck of the woods. I recognise the list of cars at #2.Ralph needs a bigger shed.
invest all your money in the proper locations, buy low and sell high, limit your women (unless they are going to be a sugarmomma) and put in 20 years and you can have it all and more... option "b" buy everything you can afford and some that you can't.
Easy as 1 2 3 1- you give up everything else..... 2- you concentrate on one.... 3-you never get any cars done.. I have 11 too, PhsycoDaemon-Ha!
I'll tell ya' how I did it: I worked 3 jobs. Doing the cars was one of them. I bought-sold-traded my **** off. Probably almost 100 cars. I only lost money on two. A few times I bought and sold the same car as many as three times (making money on it everytime). I don't have any kids (that I'm aware of). I think a conservative estimate on what it costs to keep up a kid is $10,000 per year. I have a working wife that supports what I'm doing. I proved to her a long time ago I can make money making decisions without her approval. It always kills me when I see a guy that has to ask his wife for permission to buy something. This tells me he's proved to his spouse he's not intelligent with money or he wasn't intelligent when it came to selecting a spouse. I wasn't afraid to take a chance. I'd try not to let a little thing, like money, get in my way to make a purchase. If I saw a car worth the $dough$ and there's more left to be made, I'd buy it! If I was short of cash or broke I'd go see my banker and float a 90-120 day note. It helped that he was a car guy. Show him what ya' bought. Prove to him you are a good businessman. I'd always have to sell something to get the money to purchase my next car. But, I'd buy hot deal #2 with the bank's money and repay the bank with what I made on car #1. That way I wasn't forced into selling car #1 on the cheap to get money for car #2. You won't improve yourself if ya' sell short all the time. I didn't limit myself to one particular brand or year model. I'd do my homework before I'd buy. I'd watch the market for what's hot or going to be hot. I would always get as many spare parts with a car as I could. Then I'd separate the parts from the car. I'd resell the car less the spare parts, cherry pick the parts I wanted to keep and then resell the rest. Above all, I didn't buy anything that wasn't already nice or didn't have the potential to be made nice. Avoid getting involved in long term labor intensive projects for resale. If it's a project car, let the next guy supply the labor. Dreams about what a car is worth after a year of labor can be just that, a dream. The money is made on the initial buy in, not on the selling end. If it's a keeper car, that doesn't apply. Quality cars will always command a high price. Eventually through all this buy-sell-trade, I ac***ulated many valuable keeper cars that are now listed as ***ets in my retirement portfollio. Above all, I've had fun doing it and met alot of nice people on the way .
I have to agree with Modifieddriver, and have followed most of those steps myself. However, I never buy a car I don't like the looks of, if it is going to be a slow sell I don't want to look at an ugly mistake.
TIME is more my problem. i dont even have time to finish my garage. get up at 6, work at 7, get home at 7 and dont wanna do nothing but eat dinner and sleep, but usually end up doingsomething in the garage, or pinstriping. its taken me about 4 weeks straight to do my garage. it woulda taken anyone else a weekend or two!
I agree with caffeine I need more time to spend on my hobbies or should I say my Live style. # 1 40 chevy # 2 Motorcycle- beemer # 3 67 Ford P/U # 4 T-Bucket frame # 5 750 Kawaski chopper # 6 Lowered 87 step side # 7 My band # 8 Home brewed beer # 9 I just started to pin stripe # 10 1938 Oliver tractor I do not have any kids and my wife and I have had good jobs. My wife can tell the differents in a 33 vs 34 ford and a 40 vs. 41 Willeys. So on that I feel pretty lucky. got to go Mick
Man! I feel sooo inferior! <<<pssst... didja know rockabillyb***man's only got ONE car?>>>> Hey Rkt98, yer on the ****on! He does indeed need a bigger shed....
Nothing happens over night!!!! Years ago a buddy of mine would complain about how he got nothing done while I always seemed to be making progress - I tried to tell him that I go work in the garage EVERY night even if it's only for 15 minutes. I tried to get him to understand a year's worth of 15 minutes was a fair amount of time - enough time to make a little progress!!!! Shooting yourself in the foot befor eyou actually start is a sure way to accomplish nothing. Well it took me a year or two but finally he got the message and completed his ride. Isn't there a saying that goes something like: "It's not the size of the mountian that will prevent you from climbing it , but the sand in your shoe." Clean your shoes and start climbing!!!!
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