The Motley Fool Discussion Boards
Personal Finances / Credit Cards and Consumer Debt
|Subject: Re: update||Date: 8/7/2013 11:50 PM|
|Author: NoIDAtAll||Number: 307167 of 308462|
Hmmm, I'm thinking you should include the cost of the tools in your estimation of the total/average cost.
Fair enough - Add, say, $4000, over 46 years... And, I (or my surviving family) should be able to recover 1/3 to 1/2 of that, realistically, when I decide to hang it up and no longer work on stuff - not just vehicles, but also lawn equipment, chainsaws, computer workstations and servers I've built from scratch that my employer paid me for, other people's vehicles I've work on and have been paid decently for - a Dodge Super Bee, a high performance Dodge Charger, both with blown engines, a couple of neighbors' cars, an Olds Cutlass that my Mother owned with a diesel engine that blew head gaskets, so I bought a core Olds gasoline engine from a salvage yard, rebuilt it and replaced it and had the transmission rebuilt for $150 + $25 for a rebuilt torque converter. The car lasted her the rest of her life, about 15 years, w/o a problem.
I also forgot that I replaced suspension parts on the 92 Escort - inner and outer tie rod ends, ball joints, rear struts and rear anti-sway bar end links. The ball joints ran around $25. The end links around $5. The struts around $95. The inner and outer tie rod ends around $25, so around $150 in parts and I paid a friend $80 to help me for the 4 or 5 hours it took - Call it $250.
I also did quite a bit of body work on a car my Dad owned - I think he drove by feel. <g> I straightened all of the dents out, sprayed it with a lacquer primer/surfacer, wet sanded it, puttied in some small imperfections, sprayed and wet sanded it again and took it to a shop to spray with a primer sealer and Sikkens polyurethane base coat/clear coat, for the cost of materials, around $250... The car looked like it had just rolled off the assembly line when I gave it back to him (The shop that painted the finish coats on the car redid a significant number of GM's paint problems, and did over $1.5 million/year in auto body repair work - They also did a 1981 Nissan 280ZX Turbo - Painted it with a 1995 Ford Currant Red - think Cranberry... beautiful appearance), but D.O.D. still drove by feel. ~ ~
What else would you care to add? I liked the projects and they, pretty much, paid for themselves, either from payments from people whose vehicles I worked on or in cost savings on my own vehicles, plus I learned enough to know a good mechanic from a bad one and we share common interests, so I was and am given some breaks, and know when to walk, but w/o being disrespectful.
|Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|