Re: 1940 Packard 110 project car
Posted by BigKev On 2016/11/28 12:23:25
Corey,
Take a look at my project blog. I started with a $500 car, that no one wanted, because to have a shop do it, it would cost $30,000 to have a $15,000 car.
My car was basically all there. Just in very rough shape. Also to my surprise both the motor and tranny ran without rebuilding. Also, I lucked out on the interior thanks to generous folks here on the website.
My point is, while a "free" car sound enticing and being able to work on it as you have money is basically what I did, there is a point where you'll be so upside down in the project that either it will never get finished, or you grow disinterested in it, and you'll never be able to recoup anything close to the cost of it.
Both of out cars are similar in the respect that they are Junior-Sedans. So they are not very sought after in the collector market, nor do they hold any high value. But they take just as much work and money, or even more so, than a more desirable 2 door car. If I didn't get that interior for my car, the material costs alone would have been close to $3000. To have it all made up and sewn would have been over $6000.
That car is a shell of a parts cars. Almost everything of parts value has been picked clean (trim, chrome, etc). And while I hate to see any Packard get scrapped, at some point you have to say, is it worth it?
You could probably find a similar model, not running, but with almost all parts present for a few thousand, and that would be a far better place to start both in time and money. People said I was insane starting from where I did, and I had a complete car. If you want to do this as a labor of love and don't care about the expense, then fine, go forward and we will help you along the way. But, you're going to need to buy a parts car, as that is the only cost effective way of getting all the parts you are missing. And once you do that, I bet you'll find it will be easier to restore that parts car, then it would be the shell you are starting with.
I'm not trying to discourage you in any way, I am just trying to give you some guidance in making a smart decision from someone that has gone down a similar path before you get in too deep into it.
The saying "Buy the best condition car you can afford" is really true when it all washes out in the end.
Just my
Take a look at my project blog. I started with a $500 car, that no one wanted, because to have a shop do it, it would cost $30,000 to have a $15,000 car.
My car was basically all there. Just in very rough shape. Also to my surprise both the motor and tranny ran without rebuilding. Also, I lucked out on the interior thanks to generous folks here on the website.
My point is, while a "free" car sound enticing and being able to work on it as you have money is basically what I did, there is a point where you'll be so upside down in the project that either it will never get finished, or you grow disinterested in it, and you'll never be able to recoup anything close to the cost of it.
Both of out cars are similar in the respect that they are Junior-Sedans. So they are not very sought after in the collector market, nor do they hold any high value. But they take just as much work and money, or even more so, than a more desirable 2 door car. If I didn't get that interior for my car, the material costs alone would have been close to $3000. To have it all made up and sewn would have been over $6000.
That car is a shell of a parts cars. Almost everything of parts value has been picked clean (trim, chrome, etc). And while I hate to see any Packard get scrapped, at some point you have to say, is it worth it?
You could probably find a similar model, not running, but with almost all parts present for a few thousand, and that would be a far better place to start both in time and money. People said I was insane starting from where I did, and I had a complete car. If you want to do this as a labor of love and don't care about the expense, then fine, go forward and we will help you along the way. But, you're going to need to buy a parts car, as that is the only cost effective way of getting all the parts you are missing. And once you do that, I bet you'll find it will be easier to restore that parts car, then it would be the shell you are starting with.
I'm not trying to discourage you in any way, I am just trying to give you some guidance in making a smart decision from someone that has gone down a similar path before you get in too deep into it.
The saying "Buy the best condition car you can afford" is really true when it all washes out in the end.
Just my
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