Quote:
Originally posted by Mach 1
lmao...i used to keep a record of all the parts i bought and how much money I spent on them in a small notebook, but believe me, after after many thousands of dollars, you get disgusted looking at it, tell yourself you can never sell your car because you have to much money in it, and burn the notebook!
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EXACTLY!!!!!!!!
Oh man, I learned that lesson with my first baby. She was a 1969 Chevelle SS, and I kept every single receipt, even fuel filters. I stopped entering amounts in my ledger after 3 years when I reached $10k (including the $1200 I paid for it), and the car was
NOT what I thought a car with $10k dumped into it should be like. I got killer deals on alot of my parts, too. I got my heads, which were fresh from the machine shop after having over $1000 worth of work done to them, my intake (Holley Strip Dominator), my valve covers (tall Moroso chrome) and my oil pan (7 quart strip Moroso), all of which were never used, for $300 total! I probably spent another $5k on it before I finally sold it. I sold it for $4500, and that was damn good money for a 17 year old Chevelle in 1986, but it wasn't a very good return on my $15k investment. Then again, I made a couple thousand at the street races with that car, so I guess I made half my money back.
I know all too well how fast parts add up today, too. I see it on every job order I complete for my customers. I still won't ever keep a record like that for one of my vehicles again, unless the goal is to sell it.
Take care,
-Chris