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Founded: | January 5th, 2013 |
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How much money do I need to spend on Hot Rods
Kendra1949 says:
19 Months Ago
Whichever way you look at it, playing with cars costs money. Of course, the amount of money we spend on our hobby varies greatly, and, although some hot rods and custom cars can cost more than six figures to build or buy, there’s still room for just about everybody. However, in order to really enjoy it, it pays to plan realistically from a financial perspective.It can often be harder to sell a finished hot rod built to personal tastes, but the last recession has seen plenty of cars come up for sale. When times get tough, items such as hobby cars are often the first to go, and savvy buyers in today’s market have been able to scoop up some incredible deals on collectible and special interest vehicles, often for a fraction of what they would have sold for five or six years ago.
Although it remains more of a buyer’s market today, you still need to thoroughly plan how much money you’re willing to invest in your next project and take a good look at the going rates for parts, services or even complete cars before you commit.
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