How much is too much? Rebuilding a 67
I've posted a few times here about my woes (the usual old car issues) with a 67 Camaro I bought a couple years ago. Long story made short; I spent $23K on an SS clone with a 'built 454'. When I got it home I realized it had some issues and spent the next year diagnosing it (in and out of shops, etc.). In the process I spent about $10K on misc fixes - new front suspension, replacement of cooling fans, etc. and eventually the teardown of the motor as it still wasn't cooling. So I'm into it $33K at that point.
Once we've gone through the motor, we realize that it's not really fixable - block is old and worn out, there's scoring on the cylinders, crank needs to be refinished, etc. I decide rather than trying to rebuild a bunch of worn out parts, it'd be best to just replace the motor with something new/reliable. I ordered a 489BBC. Total price another $8K. Now it's $41K all-in.
Ultimately, I bring it to a shop to install the motor. They come back with a list of things that need to be addressed to make it run (well):
- Motor installation with new motor mounts - $2K
- New fuel cell, electric pump and boost regulator, new lines - $3K
- New distributor - $500
- New High(er) flow fans and controller - $900
- New brake lines and changing pedal ratio - $950
- New wiring kit & re-wire - $3K
At this point I should make it clear that I'm no millionaire. Just a regular Joe. And every time I look at the car (scratch that - every time I think about the car), the bill gets longer. I know that's the way it is with these things - so it's mostly me moaning - but at this point we're talking about another $11K to get it running on top of the new motor I just bought.
A total of $52K.
Is it 'too much'? Should I just park the shell in the garage and call it a day? Or should I have it done, sell it, and cut my potential future losses?
Thanks for the feedback (and letting me vent!)