On Tuesday, May 24, 2011 01:25:16 pm cfmtr3a@verizon.net wrote:
> While I have been delayed on the project, I decided to empty the drawer and
> put all of my receipts and other notes into a spreadsheet. I was
> surprised at the outcome. So to gloat:
> I paid just over $4,200 for the project including the cost of transport.
> Have put about $6,500 into body work, powder coating, painting, materials
> Another $5,500 in new parts
> I have sold just under $2,000 in surplus parts
> I am certain that I didn't track every "I need a 5/8 UNF bolt' run to the
> hardware store but plugged in $500 (i did have receipts for $390) for all
> of those. For a total investment/cost to date of $14,400.
>
> I had the 1999 TRF price list in a database format; I listed each part that
> I inventoried when I bought the project at 80% of that value plus the
> actual cost of the new expenditures and came up with a total of $39,492.
> This includes the completely rebuilt engine and new in box A-type
> overdrive that were part of the original project purchase. I feel
> pretty good about the outcome. (of course I didn't include the $11,000
> garage extension LOL)
>
> I expect to spend about another $1500-2000 before it is done but I also
> have boxes of used (and some new) parts that I didn't inventory. At
> somepoint those will be available for sale. (for instance I have a set of
> new 86mm pistons still in their wrappings).
>
> So - sometime this summer - I will be back on the road after a 10 year
> hiatus.
>
I did the same thing with my 72 6 project that is almost ready for the road.
Parts alone are over 10K.
I haven't made a final tally yet but something tells me don't bother. The $ is
already spent and since I will never be selling the car it is better that I
don't know.
Most likely would have been better off just buying a complete recent
restoration but I do enjoy restoring these cars.
Bob
triumphs@autox.team.net
Donate: http://www.team.net/donate.html
Archive: http://www.team.net/archive
Forums: http://www.team.net/forums
Triumphs@autox.team.net
http://autox.team.net/mailman/listinfo/triumphs
http://www.team.net/archive
|