Financing

Jolly Green · 04-07-2008, 06:55 PM

So how did you guys fund your projects? I can never seem to be able to save enough cash to buy a good one and I was curious if people did cash, favors, loans or what? I'm looking to add more cars to the stable

Redog · 04-07-2008, 07:02 PM

For me, slowly but surely.

The Alero took me over 5 years to build up, and it's still not 100% done. All that's left is the cam swap, but that is also when the new motor comes into play.

The Delta I had an extra $1500 and I bought it. I drove it around until the motor blew up, which happened at the worst time. I shopped around for a motor, found one, bought it, then my mech at the time let me keep the car at his shop and build it there. After I was done paying for the work, he got pissed off at me and threw me out

Which really sucked, it was a pretty sweet deal

gearheads78 · 04-07-2008, 07:42 PM

buying selling horsetrading side jobs saving etc ...Day job goes to living expences and family anything else to to pay for my addiction

Olds64 · 04-08-2008, 05:18 AM

Don't overspend. These days you can get financing to pay for anything (if you have decent credit). Stay within your means and wait until a good project car comes up that is reasonably priced.

Oldsguy · 04-08-2008, 05:34 AM

I buy cheap.

dar83501 · 04-08-2008, 01:09 PM

I got mine because my father owed me some money and he knew I wanted his car, and he also knew the car needed a new engine so he traded it to me for his debt.

Pfiffle · 04-08-2008, 02:24 PM

Like redog said , slowly. Actually at my job I have a personal fund, they take a small percentage of my pay and divert it to a savings account in Commerce Bank. It's about $70.00 a week or so. It builds up. That's mine for my cars ,wife-approved. Oh, as you can see, It really helps to have a great understanding wife.
Tom

04-07-2008, 06:55 PM	#1 (permalink)
Jolly Green Senior Member Join Date: Jul 2007 Posts: 119	Financing So how did you guys fund your projects? I can never seem to be able to save enough cash to buy a good one and I was curious if people did cash, favors, loans or what? I'm looking to add more cars to the stable __________________ First Muscle 68 442 Las Vegas, NV

04-07-2008, 07:02 PM	#2 (permalink)
Redog Alero Chapter Secretary Join Date: Aug 2006 Location: Newtown, PA Posts: 677	For me, slowly but surely. The Alero took me over 5 years to build up, and it's still not 100% done. All that's left is the cam swap, but that is also when the new motor comes into play. The Delta I had an extra $1500 and I bought it. I drove it around until the motor blew up, which happened at the worst time. I shopped around for a motor, found one, bought it, then my mech at the time let me keep the car at his shop and build it there. After I was done paying for the work, he got pissed off at me and threw me out Which really sucked, it was a pretty sweet deal __________________ Me 2000 Alero running 14's 1985 Delta 88 w/1968 350 rocket 2005 Nissan Altima (her's)

04-07-2008, 07:42 PM	#3 (permalink)
gearheads78 Senior Member Join Date: Apr 2008 Location: Dallas TX Posts: 142	buying selling horsetrading side jobs saving etc ...Day job goes to living expences and family anything else to to pay for my addiction __________________ 66 Cutlass ragtop my way

04-08-2008, 05:18 AM	#4 (permalink)
Olds64 Landyacht Club President Join Date: Jul 2007 Location: Lawton, OK Posts: 1,213	Don't overspend. These days you can get financing to pay for anything (if you have decent credit). Stay within your means and wait until a good project car comes up that is reasonably priced. __________________ "Some men are Baptists, others Catholics. My father was an OLDSMOBILE man." Ralphie Billingsley A Christmas Story 1983 "We rei-eign, supreme, ooooh god! Burrito supreme, and a chicken supreme, and a CUTLASS SUPREME!" Tenacious D 2007

04-08-2008, 05:34 AM	#5 (permalink)
Oldsguy Administrator Join Date: May 2004 Location: Lees Summit MO Posts: 2,757	I buy cheap. __________________ Dan '46 2 door

04-08-2008, 01:09 PM	#6 (permalink)
dar83501 Brewsmobile > Bluesmobile Join Date: Sep 2007 Location: Lewiston, Idaho Posts: 272	I got mine because my father owed me some money and he knew I wanted his car, and he also knew the car needed a new engine so he traded it to me for his debt. __________________ 1987 Oldsmobile Cutlass Supreme 455 Big Block Project - "The Brewsmobile"

04-08-2008, 02:24 PM	#7 (permalink)
Pfiffle Senior Member Join Date: Jul 2006 Posts: 105	Like redog said , slowly. Actually at my job I have a personal fund, they take a small percentage of my pay and divert it to a savings account in Commerce Bank. It's about $70.00 a week or so. It builds up. That's mine for my cars ,wife-approved. Oh, as you can see, It really helps to have a great understanding wife. Tom

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