One of the most devastating parts of being a gearhead is flipping through the latest issue of Motor Trend and coveting something new and exciting that is quite simply out of your budget. We’d like to have the purchasing power and space to acquire Jay Leno’s collection, but unfortunately some days we have to be practical. But not every day.
Though you may not be able to afford the newest supercar, if you have some spare time and some spare cash, you may be able to work your way into a gorgeous classic, vintage or just well loved car that will be the envy of the neighborhood.
Working on a Project Car May Be Cheaper Than You Think
Of course a big part of the expense of a project car is acquiring the car. The cost of that part can vary wildly depending on what you are looking for. And its always a good idea to have your favorite professional auto repair shop take a look at anything before you sign. But once you get the car you need fewer supplies than you would actually think to get started. Zach over at the Money Pit has put together a handy video talking about the possibilities when it comes to project cars. He includes a list of the most import things that you really need when starting a project car. If you buy inexpensive tools, all of the basics—such as socket wrenches, screwdrivers, a OBD code reader, multimeter, and of course a good hammer—can be yours for less than $300.
That being said, nothing about owning a car is cheap. But if you like working on cars, or want to learn a new skill, taking the time to work on your own project car can be an incredibly satisfying experience. As Zach says, if you get stuck, you can turn to the fix-it community for a wealth of information and answers. And there is no shame in taking it to a professional if you get in over your head. You don’t have to have all of the answers, but getting there is definitely part of the fun.
Head on over to the Money Pit if you are looking for some inspiration about DIYing yourself into your dream car.
