Hey i just wanted to know if restoring a classic mustang will make a good investment. For instance,what if i buy a classic for about 2500 and then putting 10 grand into it, do you think i will make more money than i put into it? Just a random question.

 

I think it would all depend on how nice a job you did on the car and the location that you tried to sell it.

 

Go to e-bay and see what your prospective car is selling for. The difference between the two prices, buying and selling, is your budget. Keep in mind that most Mustangs go up in value anyway.
Jim

 

depends on the car like the v8 is worth more then a inline6. how much rust there is how well the work is done.theres 3 different restoring ways a ok close to factory, a factory/concors car, and the restomod. a coupe is worthless then a convertable or fastback. just remember sometimes you loose money on cars.

 

Thanks. Well say if i describe my fanstasy car, then would it help you appraise my car?

68 Coupe with a 351w, stroked to a 408, afr 205 heads, magnaflow exhaust, custom paint(olive grn with orange rally stripes), brand new gauges, brand new interior, brand new suspension with a 9 inch rear, american racing rims, gt350 hood, billet grill, 2x12s and a custom set up, navi, and tko600 tranny.Sorry for the long list. I just dropped a tear from thinking about my future whip.

 

it would be atrip to build and own but i doubt you would make a dime, probably lose thousands. the paint job alone will be like 5 g's, then that 5-8 grand engine, 3-4 grand tranny, cost of the original car, 1500-2 for the rear, atleast a thousand for the suspension, interior and guages would combine to atleast 1500. am i kinda makin a point? it sounds like it would work a t first but it wont work out, just enjoy it for what it is. only the big businesses make money and thats because they throw a new "concept" together and only make 15 of them and charge 75000 for em

 

I feel ya', just trying to find new ways to bring cash to the table. Thanks

 

get a better job or 2nd one if you need more money.

 

unless your car is a special model, most likely the answer is NO, unless you restore now and sell in 10 or 15 years

 

mines a resto mod i dont care if i cant get more for it then its worth i love it the way it is. if you really wanna have a job restoring cars look around on http://ww2.collectorcartraderonline.com/ see what older cars sell high and try to find one cheap like the first 3 years of the camaro any corvette big block chevelles can go high.only mustangs worth alot are big block cars shelbys fastbacks some converatbles.