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Old Mar 21st, 15, 11:12 PM   #1 (permalink)
 
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71 restore project?

I have the possibility of restoring a 71 near me I don't have any info on it yet but it's 3000 as far as I can tell from the pictures has a motor and a body ( very rusted) it's mising a couple doors. Is it worth it I could post a link? This would be my first car and I would have plenty of help restoring it!
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Old Mar 22nd, 15, 04:04 AM   #2 (permalink)
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Re: 71 restore project?

What do you mean by "is it worth it?" I think you will find that most people here, being classic Camaro enthusiasts, would say yes, because they enjoy the build and saving a car that they value.

However, if you are saying "is it worth it" as in, will it be worth more $$ than you put into it when you are done, this is a whole different question. If it needs a "lot" of metal replacement, the chances are it will cost more to repair than it is "worth." Also, 2nd gens, while climbing in value, do not command the same values as a 1st gen, yet they are no less expensive to restore.

When people come into our shop and ask how much they should budget for a complete restoration (we do not do restorations) when they plan on doing "a lot of the work" themselves, I always recommend budgeting $30k as a general rule of thumb (including initial vehicle cost). The more metal work to be done, the harder it is to stay under this number.

So the real question I think you need to ask, is it worth it to you to restore it? The process can be quite enjoyable/rewarding, but it is not inexpensive.

Phil
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Old Mar 25th, 15, 08:27 AM   #3 (permalink)
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Re: 71 restore project?

I would be very careful buying in to even an early 2nd gen unless you're just dead set on having one. Right now you can but a running/painted 2nd gen and stay within the $15k range really easy for a very nice car. If the one you're looking at is REALLY rusty, missing doors etc, you'll spend an easy $15k on new panels, getting them put on(unless you can do it yourself) and paint. Then you have a roller.....how much more are you going to stick in to it to make it run and run well? I just turned down a deal on a 68 corvette convertible for under $5k that had already had the chassis work done but the body is so far gone you'd almost be better off buying an aftermarket shell to replace it!! I just didn't feel that the investment/return was going to "wow" me. Kept my cash for something different. Good luck with it either way and check over on nastyz28.com for good advise on 2nd gens.
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Old Mar 25th, 15, 11:26 AM   #4 (permalink)
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Re: 71 restore project?

This is the exact reason a lot of bought cars needing restoration just sit and never get done. I know guys that have the talent to do body, paint, drivetrain, electrical and interior all by themselves, but when they factor just the cost of parts and materials alone, it becomes quickly apparent they could have bought a complete car that just needed a few details for the same amount of money! Of course as a "hobby", there is a real sense of accomplishment & joy from restoring a car and you need to do a self check and budget to decide if it's the project for you. Best.
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Old Mar 26th, 15, 04:35 AM   #5 (permalink)
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Re: 71 restore project?

You can have just as much fun with a good rust free car and will have more value in the end. There are 2nd gen cars in the south and west that are rust free. You make or loose your money when you buy a car, is what I always say. Buy a car that will have value, it is just as easy as one with little value. By that I mean find a 70 Z or RS that is solid and go from there. I have owned 3 of them and always came out ahead with money to buy the next one. The cost to restore a plain jane is very close to a Z. . . .the paint job and interior doesn't care. . . .just an old guy talkin.
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Old Mar 27th, 15, 03:35 PM   #6 (permalink)
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Re: 71 restore project?

Quote:
Originally Posted by MyLonewolf25 View Post
I have the possibility of restoring a 71 near me I don't have any info on it yet but it's 3000 as far as I can tell from the pictures has a motor and a body ( very rusted) it's mising a couple doors. Is it worth it I could post a link? This would be my first car and I would have plenty of help restoring it!
Sam: Also check out NastyZ28.com for second gen Camaros and advice. It's a great forum just like Team Camaro. I would not get into a rusty far from complete '71 for $3k; you'll end up spending a lot more trying to find a decent set of doors and repair all the rust damage. Seeing you are from Wisconsin, perhaps the supply of second gen cars without a lot of rust is slim, but for comparison I bought a complete, numbers matching '70 RS 350/350 for $8,500.00, and that's with very little rust and bodywork. Do pay attention to what other cars are selling for, unless you absolutely have to do it your way, otherwise you risk taking a bath on the project. Also look out for someone else's project car that they are looking to get rid of; be cautious but if it's complete and needs assembly, you could come out ahead.
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Old Mar 27th, 15, 04:09 PM   #7 (permalink)
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Re: 71 restore project?

Without pics its really hard to say. Is it an RS?

Anyway, I assume the rust is bad and its missing doors. Sounds like a 1k project car.

If you continue looking you can find a better early 2nd Gen for 3k.
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