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Feb 13, 2010 13:04:29 GMT
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A mate of mine was/isgoing through the same scenario.He's building a 2.9 Cossie engined Mk2 Capri.
He had a major upheaval,leaving his job and then training for a new career.The Cappa sat dormant for a long time,as a result of no money or time.
He did it as others has suggested a piece at a time,the Johnny Cash route !.
He spent time detailing jobs already done,painting small items etc etc.Jobs that will enhance the car when finished but would probably have otherwise been overlooked in the rush to get it on the road.
Slow going for sure,but better than the abandoned project ebay route IMHO.
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Feb 13, 2010 13:08:50 GMT
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One thing you could maybe do is take a week off work and put the engine and gearbox out of the sierra into yer capri. That way you could put it back on the road and at least have the pleasure of using it while you are getting yourself out of yer deadend job. Once you've got something that pays better money you can afford to buy another cheapo runaround car, take the capri off the road and give it the engine it deserves. You need to keep the interest in the car happening if possible cos the bay is full of cars that were put on the side for a few months and have deteriorated over the years they've been stood.
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Last Edit: Feb 13, 2010 13:10:41 GMT by arrocuda
'71 Arrocuda.... '71 Sunbeam Rapier Turbo (The Grim Rapier).... '63 Hymek D7076..... Audi GT5S
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mrj
Posted a lot
Posts: 1,662
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Feb 13, 2010 13:11:36 GMT
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i wouldn't give up; when you have spent a certain amount of time and cash in the project, you wouldn't get that out... i wouldn't take a loan on the other hand, i am a bit struggling at the moment, as i got sacked , my wife is pregnant and will be soon not working anymore... and we have a house to pay for each month... but on the finacial side everything is sorted, i have to save some money though, so there won't be big things happening in the future carwise, but there is a lot of stuff that i can do without spending money. Actually i will be starting a big ebay clear out of all the things i don't need anymore...
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- 1971 VW 1600 TL Fastback
- 1978 Passat GLS Variant
- 1980 Audi 100 5E
- 1981 VW aircooled panel van (sold)
- 1983 VW Jetta Mk.I
- 1984 VW Polo Coupé
- 1984 VW Passat hatchback
- 1987 VW Passat Variant
- 1987 VW Passat hatchback
- 1988 VW T25
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Feb 13, 2010 13:19:43 GMT
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Already done the ebay clear out, only thing left would be a kidney! (anyone interested? one owner since new?)
Nice idea on a quick engine change arrocuda, but Ive gone through a succesion of swaps since the sierra, and ended up with my little '76 mazda. I know exactly what you mean bout it deteriorating as Ive owned it since 2002 drove it for 2 years then left it for over 4 years till it was a total mess. Thats when I sold my 200sx for a couple of thousand and got cracking on it. Its just now its back in the garage (MOT'd) with a blown engine. I don't want to leave it sitting there and this winter has been curse word for mojo and so on. The only good thing is I have the little Mazda to cruise about in but there are a few things I keep thinking I need to sort on that as well so I'm just not sure what to do ATM. A proper job would be bloody good, I wasted 3 years of my life getting a degree would you believe. Now and for the last two years I've been hoovering dog sick and finger nails out of shitreon picassos full time at minimum wage. Anyway, still fed up of moaning - that broken telly and the tip!
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Feb 13, 2010 16:51:53 GMT
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So, about 12 years ago I had some serious money issues. Very serious issues, looking back at it now but I didnt think it too bad then. No way was I going to let a little thing like that stop me messing with cars though so the loan I already had got extended to free up some cash for modding. And the credit cards were spent up too. I wont say it all went on cars as it really didnt, but cars were a contributing factor.
No more money? no problem, I just had to phone the nice people at the bank and they would extend the loan and credit cards.
And so it went on....
Absolute curse word idiocy, looking back now, but it seemed fine at the time.
Frankly, I went nuts with credit on cars and other things and got myself into a very deep hole..... 5 figures and the first number was not less than a 4.
My bankruptcy period ended a couple of years ago, but my credit rating is likely to be screwed for many more years to come. Its curse word up my whole life to be honest. I cant get a mortgage now, and given my age now am unlikely to ever get one unless i get one at a silly-high interest rate for high-risk fuds like I used to be.
I had a blast at the time.
It was not worth it.
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1986 Panda 4x4.
1990 Metro Sport.
1999 Ford Escort estate.
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Feb 13, 2010 17:04:03 GMT
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Would be a real shame for you not to be able to carry on, we all need our hobbies to keep us sane, especially when the job doesn't fulfil.
From what I've seen, you're pretty handy with a spanner. Can you raise funds by working on local/friends motors? Cash in hand sort of stuff, everyone's a winner (except for the State - oh well ;D)
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Feb 13, 2010 17:28:40 GMT
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Feel free to ignore this if no money means really, no money, but could this be of any use? I don't know if a whole engine could work out cheaper than a rebuild? |
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1989 Peugeot 205. You know, the one that was parked in a ditch on the campsite at RRG'17... the glass is always full. but the ratio of air to water may vary. |
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Feb 13, 2010 17:56:44 GMT
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I've been exactly there - I sank £6k into a £250 car on credit cards, then decided I didn't like it and stripped it bare, stands me about £3.5k I think now after selling everything off? I kept it though, and it'll be done next year, perhaps.
It was NOT worth it at all.
The most important thing for you, I reckon, is to have the car going? Why not, as suggested, maybe pop a pinto in? So you reckon time isn't an issue, you do your own work, so all you need is £100 for a decent running engine?
Has anyone on here got a pinto or similar going spare? Get the car running, and finish it off after that. At a guess you have all the bits needed otherwise? It happened me after that length of time - i have every part I need to finish my cars off, some time with appreciable hours at my new job, and since November, absolutely ZERO bills to pay, all loans paid off and I can tell you I am probably the most relaxed and enthusiastic I've been for well over a year.
DON'T live beyond your means, and if you don't have the means to pay back a credit card with certainty, don't get one. Credit is a trap. Villagers in 1733 didn't jump out of windows because they owed unpronounceable amounts of money, but it's commonplace in the 20th and 21st centuries. It's a nasty byproduct of the age of Me, Now.
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Feb 13, 2010 18:14:04 GMT
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So true!! Just look at the amount of people that make a living in the financial services industries in this country..... no money is actually made... it's just redistributed. Then we wonder why the country is bankrupt. Once the bank has got you workin' for them they will come up with more and more ideas to keep you there. Expectin' to be flamed by a bunch of retro loving bankers in the next hour.... ;D |
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Last Edit: Feb 13, 2010 18:15:23 GMT by arrocuda
'71 Arrocuda.... '71 Sunbeam Rapier Turbo (The Grim Rapier).... '63 Hymek D7076..... Audi GT5S
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Feb 13, 2010 20:05:38 GMT
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it breaks my heart to see my skoda sat on the drive and not having the money to get it right. I don't even have the cash at the moment to bodge it up. Having only just scraped my way out of lots of dept and finance etc i would NEVER EVER get myself back into that position again. So, for the time being I am putting my loose change and shrapen into a pot. Got about £4.00 so far  It will get done. Even if I have to moth ball it for another year it WILL get done. Don't get into dept. Not worth it. Lewis |
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Feb 13, 2010 21:26:44 GMT
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i've maxed out my cards on mine a couple of times but thats mainly due to the parts having to come from the states really meaning the parts have to be paid for by card but the cards are normally paid up and as others have said the project just takes a little longer
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Feb 14, 2010 17:05:12 GMT
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Personally, I wouldn't go for a credit card or a loan to finish a car - I'd rather wait and save. I have been waiting and and saving for a few years to build an engine for my Imp - student loans don't really go very far at the moment, especially if you are running and insuring a car from them as well. Mr T. is selling a Sierra DOHC engine and box with some electrics for £80 here which could be a cheap way to get the capri running while you save up and rebuild your J turbo engine. |
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Last Edit: Feb 14, 2010 17:05:52 GMT by jrevillug
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Potter
Part of things
'E who dares wins,eh Rodders??!
Posts: 304
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Feb 14, 2010 18:25:39 GMT
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It's supposed to be a hobby,a fun interesting way to while away your spare time. Not another mahhooosive weight on your shoulders which a loan will make it.
Borrowed off my rich uncle to buy my Landy and while I don't regret it one bit,it's still a weight on my mind and has convinced me to never ever borrow again to finance my hobby.
That's why I'm always broke,cos every paycheck is blown to bits the minute it lands in my hands and every single penny goes straight into my cars but least everything is and will be mine.
Also I'm always doing lots of overtime when it's available at work and odd jobs for my mates and it helps no end.Also means I'm always too tired or curse word off to work on my projects but meh. . .
It just takes a bit of patience,is all. Driving slowly,not eating out, not spending loads on nights out and having just the one hobby all help as well!
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More cars than sense or money!🙄
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Feb 14, 2010 19:13:13 GMT
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Just to clarify, I'm no stranger to hard work or patience! Ive not just come across my first problem and thought sod it I'll get a loan!!! It was merely a desperate thought. Been well fed up recently with cars and so on and my mojo has been at an all time low. Didn't help that I only managed to eek a couple of weeks out the car after the conversion! Just feelin frustrated with it all. I'm not a fan of credit cards or loans and only got my first credit card a few months ago to use for emergencies, like not having enough cash at the end of the month to cover bills insurance and a broken daily. It always gets payed off if its used too. And I only put the thread up to hear other peoples experience in terms of having got a loan specifically for some work on their project. I'm not daft, just very frustrated!! I've hit a bit of a wall in terms of effort as I can't progress any further without spending money - which is thin on the ground as with most people. I sit there drawing pictures of what it'll look like and getting a cuppa and starting at it frustrated because all I want to do is pull it apart and work on it. Hell, the day after I bought all the gear to convert it to J power I got up before work at 6am and pulled the prop, gearbox and rad out before breakfast! It ain't a lack of enthusiasm, its a lack of funding that is leading to my enthusiasm and mojo to be at an all time low. Anyway, its cool - time to go organise my sockets, again.  |
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