Monday, March 10, 2008

The Budget

So the plan when I decided to go ahead with this project included a budget. Basically, I wanted to try to get this built and legally on the street for about $30,000. My basic budget was as follows:

Kit.........................................................17,900
Driveline (engine, tranny, driveshaft)......2,100
Tires..........................................................500
Paint.......................................................3,000
Extra options..............................................425
Taxes and Licensing................................2,000
Shipping.....................................................500
Tools..........................................................600
Supplies.....................................................550
Contingencies..........................................2,425

So far, I am okay with this plan. I went a little over on the kit when I decided to add the passenger side rollbar. The driveline estimates are for a moderately used setup. The paint budget is a compromise. The local guy who does these cars is probably more like 5K. My plan was to find somebody else who could do a decent job cheaper, but since that can wait til closer to the end, I am in no hurry to change my thinking on this. Hell, I may even try to do it myself.

This past week, I made a decision to change my philosophy a little bit with regard to the tools. I have decided to buy an air compressor and pneumatic tools to make the build easier and more fun. Initially, I was going to try to build it by hand, and on the cheap. That is all well and good, and I am sure it would have been completely possible. However, I likened it to playing golf with a beginner set of clubs from K-Mart. Sure it is possible, but the project is supposed to be FUN. And having really cool tools will make it that much more fun. It will hurt the tool budget, but that is okay. The air tools will either be used over the long term as I continue to tweak the car, or I will be able to sell them off and recoup a lot of what I am paying up front.

In actual build news, Nathan, Phil, Elaine and I managed to get the body off the chassis last week and I should be able to finish the disassembly of what I picked up from Hurricane pretty soon.




Next up will be rustproofing the frame. For now, I have some serious garage/storage re-organization to do. My side pipes and headers came in after being back-ordered.