way over budget
Thread Starter
Racer
Joined: Jul 2009
Posts: 350
Likes: 7
From: springstead wi
way over budget
the cars running pretty good now but the trailing arms , bushings etc. not so good . so I am into the next two years budget , at the doctors now putting in rebuilt trailing arm assemblies , a 340 mono spring , all new u joints , rear end bushings , the cushion bushings , tie rods , shock mounts almost all back end . what gets me are the rotors there original and they don't have a grove in them with 145,000 miles . total fix around $2500 and I can get back up to $400 on the trailing arms if you don't count freight .just hope he doesn't run into any other problems .
Melting Slicks
Joined: Oct 2003
Posts: 2,187
Likes: 830
From: Chapel Hill NC
2025 c3 ('68-'73) of the Year Finalist - Unmodified
2025 C4 of the Year Finalist - Unmodified
2025 C8 Stingray of the Year Finalist - Unmodified
I don't think there is such a thing as being "under" budget with a Corvette.
Thread Starter
Racer
Joined: Jul 2009
Posts: 350
Likes: 7
From: springstead wi
actually there was . when I bought it almost 30 years ago my goal was to put a grand a year into it to get it up to where I wanted . but ive gone almost 20 years without doing hardly anything . hard thing is convincing my wife I should have a 20,000 credit
Racer
Joined: Jul 2013
Posts: 307
Likes: 19
From: Kirkland WA
But if things work out well, the kids can take me there and I'll keep the car.
Team Owner
Joined: Jan 2006
Posts: 37,637
Likes: 3,118
From: Crossville TN
With any old car, that you use on a regular basis, you either need to be able to do the work yourself or you need "deep pockets". Material and Labor costs from any repair shop will add up VERY quickly, if there is much to do on the car.
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Racer
Joined: Dec 2007
Posts: 341
Likes: 29
From: vancouver washington
Safety Car
Joined: Apr 2015
Posts: 4,887
Likes: 202
From: Jackson MS
However, the spousal unit audited me recently and said that I've spent over $5K since I purchased the car in April. I maintain that she cheated when she added in the cost of various tools like impact wrench and impact sockets.
She'll have a rude awakening when I order the Vintage Air.
Race Director
Joined: Sep 2001
Posts: 10,560
Likes: 439
From: Wellington, FL
St. Jude Donor '11 thru '25
Yep, they can get into your pocket pretty good, but at least there's no depreciation to speak of and one might actually make a few bucks at sale time. Good luck.
Burning Brakes
Joined: Mar 2006
Posts: 829
Likes: 131
From: Spartanburg SC
just hope he doesn't run into any other problems .[/QUOTE]
I hope it doesn't happen, but, with 145k miles, your next phone call from him will be to tell you your yokes have excessive play. Diff will have to be rebuilt. That is another years budget.
I hope it doesn't happen, but, with 145k miles, your next phone call from him will be to tell you your yokes have excessive play. Diff will have to be rebuilt. That is another years budget.
Drifting
Joined: Sep 2007
Posts: 1,572
Likes: 51
From: Wichita Kansas
I've done 100% of the work myself on a full rebuild of the front and rear suspension.
However, the spousal unit audited me recently and said that I've spent over $5K since I purchased the car in April. I maintain that she cheated when she added in the cost of various tools like impact wrench and impact sockets.
She'll have a rude awakening when I order the Vintage Air.
However, the spousal unit audited me recently and said that I've spent over $5K since I purchased the car in April. I maintain that she cheated when she added in the cost of various tools like impact wrench and impact sockets.
She'll have a rude awakening when I order the Vintage Air.
2026 Loser of the Year
Joined: Sep 2013
Posts: 36,595
Likes: 7,042
From: New Or-leens Loo-z-anna
You guys don't understand Corvette money management!
Learn from my example...................
I planned on spending $10,000 to rebuild my project car.
I added another $10,000 to the project in case of OVERSPENDING.
I am well within my budget.....I have only spent $5,000...............
of the $10,000 allocated to................OVERSPENDING.......... ....
OOOOOOOOOOOOOOOOOOOPS................... ...
never mind
Learn from my example...................
I planned on spending $10,000 to rebuild my project car.
I added another $10,000 to the project in case of OVERSPENDING.
I am well within my budget.....I have only spent $5,000...............
of the $10,000 allocated to................OVERSPENDING.......... ....
OOOOOOOOOOOOOOOOOOOPS................... ...
never mind
Le Mans Master
Joined: Oct 2006
Posts: 7,123
Likes: 433
From: Gladstone MO
C3 of Year Finalist (appearance mods) 2019
I keep everything. To the point of wishing I didn't keep everything. I've got a big box of Corvette parts from when I rebuilt the front and rear suspension(s). I even have the old ball joints and all of the bushings.
My budget is used on an "as needed" basis. I figure out the next major project, figure out the approximate cost, stash cash until it happens and on to the next one.
My budget is used on an "as needed" basis. I figure out the next major project, figure out the approximate cost, stash cash until it happens and on to the next one.
Burning Brakes
Joined: Mar 2006
Posts: 829
Likes: 131
From: Spartanburg SC
I keep everything. To the point of wishing I didn't keep everything. I've got a big box of Corvette parts from when I rebuilt the front and rear suspension(s). I even have the old ball joints and all of the bushings.
My budget is used on an "as needed" basis. I figure out the next major project, figure out the approximate cost, stash cash until it happens and on to the next one.
My budget is used on an "as needed" basis. I figure out the next major project, figure out the approximate cost, stash cash until it happens and on to the next one.
Thread Starter
Racer
Joined: Jul 2009
Posts: 350
Likes: 7
From: springstead wi
2500 was just the back end . I also did new carb and fuel lines $700 . new shocks, brake booster another $550 . redid top of distributer , new wires , plugs .$200 . and its sitting in the shop with only a few weeks left before I store it . of that there's about 700 in labor .
Last edited by upnorth; Sep 17, 2015 at 09:39 AM.
