How do you guys Finance your restore project

[ho428]

I sold my children and pimped my wife.



Seriously though, we have no kids.
Pay as I go only, no mon no fun. CC may get used for purchases but the bill gets paid in full every month.

[maldo]

During my first build I worked O.T. and saved. I never finance anything, I use the credit card to build cash-back, I pay it off every month. Sold that car to finance the current one. Second time around realized not every stinking little part has to be brand new. Shop the forums for deals, if your in no rush there are some great prices on parts.

yeah trust me i have been collecting parts for a while lol and trying to find all the best deals out there

[Yelcamino]

Be young and single!!!

Better yet, be a D.I.N.K.

[sumfuncomet]

I have always sold one project after a year or two on the road.My fun is in the build.One problem is I have been w/o a cool ride for five years while my latest build is under construction.When I sold my last car I already knew what I wanted to do next I bought the car(63 comet) and then spent all the rest of the money immediately on trans,rear,suspension stuff ane wheels tires.that was 18k,I have put another 21k into it over the last five years but alittle at a time.I am self employed and have a little more latitude with my "paycheck" The MOST important thing is a realistic budget from the beggining,stick w/a plan,do a little work every week and picture the finished product.Good luck!!!!

[dogtag]

Sounds kinda weird but I've got 355K in my frame off. Wifie just wrote a check for it. Who am I to argue!
(She has a bunch of hay burners so she wanted to be fair)
DT

[bigvegan]

"Sounds kinda weird but I've got 355K in my frame off. "

For $355k, it better be something special.

Like the Mercury Mistress - http://www.kewego.com/video/iLyROoaftI9L.html

[indyjps]

I bought sold traded to keep my car going while in high school/ college. Parted a lot of cars out and rebuilt engines on the side for stock car racers and stock rebuilds. I had a deal with a scrap hauler guy, I got first pick on small blocks, he'd haul off the cars I parted out.

This time around Ive been buying parts as they become available used for several years to keep the costs down some.

[GBodyGMachine]

Better yet, be a D.I.N.K.

DINK?

[derekf]

DINK?

Dual income, no kids.

[Slow Ride]

Dual income, no kids.

That still doesn't help. We go about $1000 per month in debt and I haven't spent anything on my project cars for a year. I live in a small house and drive rusty old junk. The old engineering degree just doesn't get you very far these days.

[Yelcamino]

Dual income, no kids.

What he said.

My wife and I aren't rich, but we both do pretty good and we have very few bills (mortgage and two car payments). It helps the project cars progress at a faster pace.

[ho428]

I put all my project cars on the back burner for quite a few years while I built up a nest egg and security.
Have only a few bills now. Power, water, gas, phone, cable, taxes, insurance and groceries.
No car payment, no house payment, no debt payment of any kind. It took awhile but looking back it was worth it. Scratching by sucks. You don't have to try and have it all now.