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Wacky question - cost of restoration in current economy
#160957
12/04/08 12:30 AM
12/04/08 12:30 AM
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Joined: Feb 2005
Posts: 2,158
God's Country - Etowah, TN.
A34
OP
top fuel
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OP
top fuel
Joined: Feb 2005
Posts: 2,158
God's Country - Etowah, TN.
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Hey Guys,
Was talking to a buddy of mine the other day and he was speculating about the cost of restorations coming down with the economy.
His thoughts were resto shops would be hurting for business and therefore more "price" friendly. My buddy is thinking along the lines of a restoration, not a resto-mod, or hot rod type rebuild/repaint.
My experience is the really good shops stay booked as there are always people with money out there.
It's the so-so guys who will be dropping prices for business and then, quality is suspect.
Parts prices will probably stay close to the same, but a really savvy shopper could get some good deals on resto parts.
What do you guys think? Is he dreaming?
God Bless America, Our Troops and Their Families !
DEO VINDICE
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Re: Wacky question - cost of restoration in current eco
[Re: AdamR]
#160962
12/04/08 08:33 AM
12/04/08 08:33 AM
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Joined: Jul 2007
Posts: 3,712
Sacramento, Ca
Darius
master
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master
Joined: Jul 2007
Posts: 3,712
Sacramento, Ca
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A SMART business man will NOT lower his prices to get more business. He knows what his cost of doing business is and how much he needs to charge to STAY in business to service his clients and maintain his good name, which gets him referral business....usually the best kind of business.
Set your standards within your means and live to those standards! In business or not.
Driving modern convenience in classic beauty
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Re: Wacky question - cost of restoration in current economy
[Re: 1_WILD_RT]
#160968
12/04/08 08:18 PM
12/04/08 08:18 PM
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Joined: Jan 2003
Posts: 7,978
Bethel Ct
AdamR
master
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master
Joined: Jan 2003
Posts: 7,978
Bethel Ct
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Quote:
It's pretty simple really, those who are restoring a car with hopes of economic gain can stop now...You better be doing it cause you want to not cause you think your gonna cash out...
 Thank you.
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Re: Wacky question - cost of restoration in current eco
[Re: 1_WILD_RT]
#160970
12/05/08 04:37 AM
12/05/08 04:37 AM
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Joined: Mar 2008
Posts: 9,550
Sacramento CA
Morty426
master
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master
Joined: Mar 2008
Posts: 9,550
Sacramento CA
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Quote:
It's pretty simple really, those who are restoring a car with hopes of economic gain can stop now...You better be doing it cause you want to not cause you think your gonna cash out...
That has always been my stance 
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Re: Wacky question - cost of restoration in current eco
[Re: Morty426]
#160971
12/05/08 09:01 AM
12/05/08 09:01 AM
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Joined: Aug 2007
Posts: 1,101
Ont, Canada
moparo
super stock
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super stock
Joined: Aug 2007
Posts: 1,101
Ont, Canada
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3 in assembly stages
3 in body and paint
3 year waiting list is storage area
3 man operation nice and lean
performancecarrestorations.com
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Re: Wacky question - cost of restoration in current eco
[Re: badsixpack]
#160973
12/05/08 10:09 AM
12/05/08 10:09 AM
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Joined: Aug 2004
Posts: 8,526
Tenn.
jrwoodjoe
master
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master
Joined: Aug 2004
Posts: 8,526
Tenn.
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I was thinking about this topic yesterday so interesting to see it here today.
I can see where larger shops would be more inclined to keep pricing higher but what about the the "1 Man Show". The guy who does this and is really good but only does 1 or 2 cars at one time?
I do think you might be able to find good Bodywork guys that might want to make some extra on the side and would do the bodywork on your car at a reduced rate.
Just thoughts for discussion.
Joe
65 Barracuda
70 Challenger
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