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Old 10-12-2017, 01:24 PM   #7
67ChevyRedneck
Hittin E-Z Street on Mud Tires
 
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Join Date: Nov 2004
Location: Greenville, SC
Posts: 23,090
Re: How have you paid for your shop?

Quote:
Originally Posted by Andy4639 View Post
Jesse my 28x24 garage cost $25,000 total. For everything. That was 10-15 years ago now. Mine has a room above that is also storage on both sides.
I barrowed off my 401 k and paid myself back.
Andy, how do you borrow from your 401K? Isn't there a lot of penalties and fees involved with that, especially since I'm only 36? My 401 is doing well, but I'm early enough in it that taking 15-20K out can greatly affect what I have down the road, especially since my current ROR is 16%. I don't think that's an option for me at this time.

Your garage is a good size, I just want a little more depth, I think my silverado is 20' long with the trailer hitch. I'd like to go 28' wide and 30' deep so I can walk around them and have bikes and work benches at the ends.
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Jesse James
1967 C10 SWB Stepside: 350/700R4/3.73
1965 Ford Mustang: 289/T5-5spd/3.25 Trac-Loc
1968 Pontiac Firebird: Project Fire Chicken!
2015 Silverado Double Cab 5.3L Z71
2001 Jeep Wrangler Sport 4.0L 5spd
2020 Chevrolet Equinox Premium 2.0L Turbo
2011 Mustang V6 ~ Wife's ride
American Born, Country by the Grace of God
1967 CST Shop Truck Rebuild!
My 1967 C-10 Build Thread
My Vintage Air A/C Install
Project "On a Dime"
Trying my hand at Home Renovation!
1965 Mustang Modifications!

Last edited by 67ChevyRedneck; 10-12-2017 at 01:30 PM.
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