10-09-2011, 08:44 AM | #426 |
GEARHEAD
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Re: Rebuild on a shoestring.....continued
Patina paint should only be done for your own, not one you want to sell. Color should be a popular original, like the blue you did that blazer in or drews crewcab blue. Black is good but the body work has to be very good and it will take more wetsanding after to make it real nice. Reds are always popular.
Doing it nicer may not take much more money, but will definitely take a lot more time. I would do as much to increase the value as possible with the least amount of time involved to reach that point. Adding good options is an easy way to do that and a decent paint job without having to wet sand 15 times between coats will do just fine. If there is nothing wrong with the brakes and suspension, I'd leave them alone if you're just selling it. The buyer would probably rather have the option of what to do with it.
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10-09-2011, 09:15 AM | #427 |
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Re: Rebuild on a shoestring.....continued
Where to start?
New paint or patina: You are going to sell this truck and you want to appeal to the largest market which IMHO would be with new paint. The patina look only appeals to a small group of hot rod enthusiasts. I really like the patina look but most of my friends view any ads that are listed as patina or rat rod must be a rust bucket. Now how much profit do you need to make and how soon do you need the the money? IMHO if I could double my profit by spending a 1/4 of that profit I would. Even if you spend a $1k more you still have the potential to gain $3k. My question: How is the market on our trucks in the $7-$8k range opposed to $3-$4k range. My truck is a nice 95% rust free truck that had a running 307 that really only needed to be refreshed for $4k. But I have seen a few that where real nice and running for the $2-$3k that I wish had bought instead. I can't imagine trying to make a profit off something that is a hobby of my that I can not resist putting my own taste or twist in. Once that happens I would be to attached and probably couldn't sell. I know you will be able to turn a profit with what ever decision you make. This was just my .02 worth. Good luck
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10-09-2011, 09:17 AM | #428 | |
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Re: Rebuild on a shoestring.....continued
Quote:
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10-09-2011, 10:21 AM | #429 |
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Re: Rebuild on a shoestring.....continued
All I have to say Jonathan is....please refer to post #62 and your reply in post #66
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10-09-2011, 10:51 AM | #430 |
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Re: Rebuild on a shoestring.....continued
What he said ^^^
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10-09-2011, 01:41 PM | #431 |
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Re: Rebuild on a shoestring.....continued
haha geoff.
yeah he said he was going to keep it cheap and simple! thats generally yeilds the best profits.
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10-09-2011, 02:18 PM | #432 |
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Re: Rebuild on a shoestring.....continued
I may be completely wrong on this, but it doesn't appear to me that you are placing any value on your time in the equation. I don't know how much money you actually have tied up in the truck right now, but you've been working on it for two months already, and by the time you paint it and get it sold, it's going to be another two months before you put cash in the bank.
Let's say you sell it for $8,000 and have no cash in it. Deducting $1500 for your next project, that means you will have earned $6500 for 4 months work. That works out to around $10 an hour - If you want to make money in these trucks, you've got to buy them right and flip them, or get lined up where you do restos for people. Posted via Mobile Device
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10-09-2011, 03:38 PM | #433 |
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Re: Rebuild on a shoestring.....continued
Thanks guys for all the feedback. I really don't have a lot of cash or time tied up in this one yet. the main expense is the new parts I just bought...but I should be able to sell the old parts to recoup over half of what I spent.
I would love to line up some projects and thought about putting this on craigslist with a "name your color and options" offer and see if I get any bites.... I definitely would rather find them like my blazer that was 70% done and came with a TON of parts to sell. But projects like that may be a once in a lifetime deal. This truck will be a really nice driver when completed and I do look forward to having one to keep and enjoy....but I enjoy working on them as much or more than driving them...
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10-09-2011, 03:53 PM | #434 |
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Re: Rebuild on a shoestring.....continued
Jonathan,
I would also recomend painting the truck. Something that simple can increase its potential value by 2X. Many folks buy vehicles that are nearly complete because they lack the skills to do any body work/paint or don't have the confidence to learn. So, they buy something that looks nice and that they can hang new parts on here and there. Adding a tach dash may be worth it if you can bump up the total cost for what you can sell the tach dash seperately (or more).
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10-09-2011, 05:28 PM | #435 |
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Re: Rebuild on a shoestring.....continued
You could always compromise. Go 1/2 way. Fix the truck up so that it's ready for paint - then sell it.
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10-09-2011, 06:04 PM | #436 |
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Re: Rebuild on a shoestring.....continued
That's probably a good idea for someone who's only option for paint is high $$$, but the guy helping me with the welding (glenn) owns a body shop and has offered to help me paint the truck. It'll be painted in a high dollar booth using high dollar guns and paint supplies for cheap...so it's a no brainer to paint it....just need to decide a color. Leaning towards blue or red.
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10-09-2011, 06:05 PM | #437 |
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Re: Rebuild on a shoestring.....continued
Blue!!!!
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10-09-2011, 06:35 PM | #438 |
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Re: Rebuild on a shoestring.....continued
x2 blue. Are you talking factory colors or....?
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10-09-2011, 06:42 PM | #439 | |
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Re: Rebuild on a shoestring.....continued
Quote:
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10-09-2011, 09:55 PM | #440 |
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Re: Rebuild on a shoestring.....continued
I am leaning towards factory color.
He's fine with me selling it after paint. He knows I've been out of work since late January and doing what I can to pay the bills....I am super appreciative of all his help and have been giving him parts he needs in return (even though he hasn't been asking for them and has always tried to refuse the parts or pay for them) The problem to me with having it ready for paint w/out painting is to get it ready for paint I'll be taking glass out, door guts are already out, wiring is off the firewall, rad support area, etc.... And right now unfinished projects are selling for dirt cheap. So I've decided to paint it. Just need to decide a color and get to work I still will try to post an ad for someone to buy it before paint with the paint of their choice being part of the deal.
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10-10-2011, 09:25 AM | #441 |
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Re: Rebuild on a shoestring.....continued
I say 2 tone factory blue and white
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10-10-2011, 04:12 PM | #442 |
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Re: Rebuild on a shoestring.....continued
I've thought about that...white on the roof and the around the grille only though...
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10-12-2011, 02:50 PM | #443 |
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Re: Rebuild on a shoestring.....continued
Thought I would stop by and see what your project is. Looks like it will be nice truck with some paint on it. I am partial to the 69 / 70 trucks because I had a White over Black 69 C/10 Custom Deluxe in 69 ( showing my age ) Blue and white would be good like mine without the lower white. The paint job will make it or break it that is why I bought mine, the body work was done so I over looked the rest of the work that it needed. I am glad I found the one I have I hate working with rust, on these trucks it seems like once they start it gets into everything.
I don't think you can do a project and figure on making money especially on your labor unless it’s a quick spray and sell. Drew would have to get well over $100k to cover his time and $$$ put in his. Get some ZEP Industrial cleaner and put it on straight and let it soak then pressure wash it to clean up the old grease it works wonders .
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10-12-2011, 06:56 PM | #444 |
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Re: Rebuild on a shoestring.....continued
Thanks for checking out the build. I've done well on past projects. I know I don't pay myself much per hour, but I enjoy working on the trucks too so I don't count all the time
I am going to try the Zep cleaner...I've tried easy off oven cleaner with okay success but from your build the zep looks like the way to go!!! The paint job will be top quality because it will be done by a professional using top quality paint and baked in his booth. His work looks great on all his vehicles and the customer vehicles.
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10-12-2011, 10:24 PM | #445 |
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Re: Rebuild on a shoestring.....continued
zep products work great. been using them at work for many many years. i see they are now available at home depot.
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10-13-2011, 09:32 AM | #446 |
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Re: Rebuild on a shoestring.....continued
My truck and parts I see as a freebee because of the money I make from Scrapping and re-selling cars, trucks & parts I get cheep plus my snow plowing. I use to put all the side money in our joint account but it was never there when I needed it so I opened my own account and low and behold I always have money in the bank. I sneak a little house money on small parts but all the big stuff comes out of my stash. As far as the labor I don't count it because I am doing for my self so like you said it is cheap
The wife freaked a few years ago when I laid out $5500 to buy a boat.
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10-14-2011, 01:31 AM | #447 | ||
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Re: Rebuild on a shoestring.....continued
Quote:
Quote:
I also use paypal from parts sales to buy parts whenever possible...
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10-14-2011, 01:33 AM | #448 |
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Re: Rebuild on a shoestring.....continued
It's been raining and with the bed full of boxes of new parts and my seat I can't wheel it out...plus no hood....
I did get my power steering bracket in and have been working on restoring some parts to sell to fund the last needed purchases... I also got a perfect set of trailing arms with new bushings....still trying to decide if I re-do the suspension or not...and if I do...do I lower it 3/4 or 5 or keep it stock height??? Decisions, decisions
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10-14-2011, 01:58 AM | #449 |
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Re: Rebuild on a shoestring.....continued
Hope the power steering bracket works for you. I like the 3/4 drop myself, well thats my plans for mine.
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10-14-2011, 07:55 AM | #450 |
GEARHEAD
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Re: Rebuild on a shoestring.....continued
A moderate drop should be fine. Mine is just a static drop with 3 1/2" springs and many would think it was stock hieght if they didn't really know these trucks. Depends on the wheels and tires that go under it. What are your plans for those?
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