Profit Or Loss?

Discussion in '1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-' started by FoxMustangLvr, Jul 3, 2014.

  1. FoxMustangLvr

    FoxMustangLvr Mustang Master

    Joined:
    Oct 15, 2012
    Messages:
    1,404
    Likes Received:
    497
    Trophy Points:
    94
    Location:
    Spokane, Wa
    To many people our Fox's are a hobby to drag race, hot rod, restore or just daily drive. Some have done either mild or extensive work on their cars. I'm wondering how much people have invested in their Fox hobby from date of purchase to either today or the day they sold it.

    How much do you have in your Fox?
    How much did you (or could) you sell it for?
    Profit of loss?
    Regrets?

    Seeing that @Sharad just sold that awesome 89 LX made me think about all of this. I've read the articles that he did when he first bought the unmolested car and immediately started toying around with it and one thing led to another and now it's in somebody else's garage. A lot of time, money and hard work is all a memory for that guy.

    Other people off the top of my head that either have "completed" builds or have done extensive work @84Ttop @tannerc91gt @RacEoHolic330 @TOOLOW91 @2000xp8 @boostfrk @hoopty5.0 @madspeed etc
     
    #1
    tamadrummer88 likes this.
  2. FoxMustangLvr

    FoxMustangLvr Mustang Master

    Joined:
    Oct 15, 2012
    Messages:
    1,404
    Likes Received:
    497
    Trophy Points:
    94
    Location:
    Spokane, Wa
    My car is still way out from being drivable. I have $2,300 for roller car with motor, another $1k in wheels, another $1k in headers, h-pipe, SFC's, 3g kit, roller rockers etc. and the car is in pieces.

    So I'm about $4,300 in it at the moment. I'll be double that before I get it driving on the road.
     
    #2
    tamadrummer88 likes this.
  3. Bullitt347

    Bullitt347 man bewbs please...

    Joined:
    Mar 24, 2007
    Messages:
    1,776
    Likes Received:
    373
    Trophy Points:
    104
    Location:
    Pacific NW
    In 2000 I bought my 89' Saleen with 79K original miles for $10K . At that time it had quite a few mods already, aluminum heads, supercharger, Baer brakes and a host of other suspension/chassis mods. Since then I have spent about $60K on the car, and right now it does not run and the odometer shows 80,215 miles.
     
    #3
  4. RangerJoe

    RangerJoe Advanced Member

    Joined:
    Apr 27, 2010
    Messages:
    1,294
    Showcase:
    3
    Albums:
    1
    Likes Received:
    226
    Trophy Points:
    74
    Location:
    Georgia
    Counting all the parts in my garage, plus the original purchase price, probably about $12k. Still needs a good paint job to be considered "finished". If I had to sell today, with the new HCI installed, I think $6500 would be my bottom dollar. So about 1/2 of what I have invested. With a good paint job, I'd say $8500-$9000.

    Joe
     
    #4
  5. 84Ttop

    84Ttop They make new pistons every day, so why worry?
    SN Certified Technician Mod Dude

    Joined:
    Jul 3, 2009
    Messages:
    3,435
    Showcase:
    37
    Albums:
    1
    Likes Received:
    1,506
    Trophy Points:
    144
    Location:
    South Jersey
    I will decline to engage the how much is invested in my car question lol
    How much could I sell it for? Not enough...
    This always results in a loss
    No regrets!
     
    #5
    f8tlfiveo and MikeH686 like this.
  6. Mustang5L5

    Mustang5L5 Car used in adult film "Highway Gangbang-InDaButt"
    SN Certified Technician Founding Member

    Joined:
    Feb 19, 2001
    Messages:
    21,809
    Likes Received:
    346
    Trophy Points:
    124
    Location:
    Massachusetts
    Loss all the way. It a hobby, and not an investment.
     
    #6
    tamadrummer88 and MikeH686 like this.
  7. 89stang1

    89stang1 Stroked and Juiced

    Joined:
    Nov 6, 2008
    Messages:
    743
    Showcase:
    63
    Albums:
    3
    Likes Received:
    200
    Trophy Points:
    54
    Location:
    nj
    Im holding over 45k in reciepts on my car and that does not include half the labor costs if you are going to do serious modding make sure your only future plans are to keep car.
     
    #7
    FastDriver likes this.
  8. TOOLOW91

    TOOLOW91 Mustang Master

    Joined:
    Nov 30, 1999
    Messages:
    2,877
    Likes Received:
    936
    Trophy Points:
    144
    Location:
    S.I.NY
    paid 3800 for the car and close to 16k in and counting. Its always a loss.
     
    #8
    89stang1 likes this.
  9. 25thmustang

    25thmustang Advanced Member

    Joined:
    Sep 5, 2003
    Messages:
    2,082
    Likes Received:
    57
    Trophy Points:
    69
    Location:
    Meriden, CT
    If I had to guess, maybe $10-12,000 spent. It's worth less than that.
     
    #9
  10. 89stang1

    89stang1 Stroked and Juiced

    Joined:
    Nov 6, 2008
    Messages:
    743
    Showcase:
    63
    Albums:
    3
    Likes Received:
    200
    Trophy Points:
    54
    Location:
    nj

    interesting i would have guessed you had 6 or 7k just in paint job
     
    #10
  11. 89stang1

    89stang1 Stroked and Juiced

    Joined:
    Nov 6, 2008
    Messages:
    743
    Showcase:
    63
    Albums:
    3
    Likes Received:
    200
    Trophy Points:
    54
    Location:
    nj
    when i say 45k im including price i bought car for and all the reciepts from 2005 till now...not many parts left on my car have not been replaced. But ah yes loss for sure the only way to win is keep car which has always been my only plan
     
    #11
    FastDriver likes this.
  12. oldskolbus

    Founding Member

    Joined:
    Apr 30, 2002
    Messages:
    249
    Likes Received:
    14
    Trophy Points:
    19
    Location:
    WV
    Its always going to be a loss...and that's doing all the labor yourself. If had to pay someone for all the hours I have put in my stang, I woulden't be able to own a stang. When I was 18 I bought a $400 86 4cyl and drove it home on 3 cyl. That's when I learned its better to buy books and tools than pay someone else to work on your car. I would be at a loss if I was to sell it, and I still need a paint job to make it a car show car. Im not in to car shows, I just want a car that will put a smile on my face everytime I take it out of the garage.
     
    #12
  13. 87MustangGT

    Founding Member

    Joined:
    Nov 18, 1999
    Messages:
    1,253
    Likes Received:
    1
    Trophy Points:
    39
    Location:
    Seymour, CT
    Well, you made me feel a little better about myself today. I "only" have $30K into my car; it still has hatch rust, 1/4 of the suspension has been refreshed in the past 15 years, speedo doesn't work, 1/3-1/2 of the interior needs replacement/refurb, and I've only got GT-40P heads and an Edelbrock intake. I can, at least, drive it though.
     
    #13
  14. 25thmustang

    25thmustang Advanced Member

    Joined:
    Sep 5, 2003
    Messages:
    2,082
    Likes Received:
    57
    Trophy Points:
    69
    Location:
    Meriden, CT
    Did the prep and jambs myself with the help of a friend. Bought the materials and had it painted as a project for two 17 year old brothers. Basically cost materials, maybe $1500 all said and done.
     
    #14
  15. 89stang1

    89stang1 Stroked and Juiced

    Joined:
    Nov 6, 2008
    Messages:
    743
    Showcase:
    63
    Albums:
    3
    Likes Received:
    200
    Trophy Points:
    54
    Location:
    nj
    you definitely got your moneys worth
     
    #15
  16. smkshw

    smkshw Active Member

    Joined:
    Feb 12, 2010
    Messages:
    534
    Likes Received:
    71
    Trophy Points:
    39
    bought my car for $4000 in the late 90s,drove the hell out of it with minor bolt ons,just put around 17k into it and counting,not including all the hours i put into it,painted myself also,prob a 4-5k paint job inside and out...priceless to me at the moment,but always will be a loss unfortunately,but its a blast to drive!,and i can say i did it myself...
     
    #16
    89stang1 likes this.
  17. GroverDill

    GroverDill GoldMember

    Joined:
    Aug 19, 1999
    Messages:
    4,889
    Likes Received:
    351
    Trophy Points:
    114
    Location:
    Rathdrum ID 83858
    Questions like these make me glad I kept my car all stock!
     
    #17
  18. smkshw

    smkshw Active Member

    Joined:
    Feb 12, 2010
    Messages:
    534
    Likes Received:
    71
    Trophy Points:
    39
    i can appreciate a stock fox for sure,but a built fox is another story,i have no regrets!,puts a smile on my face every time!
     
    #18
  19. A5literMan

    A5literMan Mustang Master

    Joined:
    Jul 31, 2011
    Messages:
    1,436
    Likes Received:
    410
    Trophy Points:
    94
    Location:
    Illinois
    I like Grover's "stock" car. Especially that turbo 363 option lol. I'm at about 9k as it sits. Probably be closer to 20 by end of next year. These definetly are "hobby" cars unless you can find some low mileage special production example(cobra,Saleen,etc)
     
    #19
    tamadrummer88 likes this.
  20. madmike1157

    madmike1157 the humor is still lost on me
    SN Certified Technician

    Joined:
    Nov 30, 1999
    Messages:
    4,018
    Albums:
    1
    Likes Received:
    1,090
    Trophy Points:
    164
    Location:
    Birmingham, al
    I think I figured that I had about 17-18k in the red car. Not including about 1000 hrs of build time where nobody got paid a dime.

    Sold it for 14.5 w/ all of the perks that came as a result of the sale.

    Loss.


    The G.M. will eclipse that amount.

    It will not sell for a fraction of the original dollar invested.

    Mega Loss.

    Mega don't care either.
     
    #20
    A5literMan, TOOLOW91 and smkshw like this.

Share This Page