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Failure To Understand What A Restoration Costs
Chris Burns of Santa Barbara Musclecars in California tells us one of the first mistakes people make is not understanding the true cost of a restoration. This isn't about price gouging or restoration shops getting rich at your expense. It is about how much time is involved restoring a classic Mustang properly. Restoration cost is all about time and materials-and contracting with a qualified shop you can trust. How long does each step take at an hourly rate of $60 to $120 an hour? The best restoration shops are even higher because this is professional business.
If you have a Mustang project with a lot of rust, body damage, and the need for sheet metal repair, it can get very expensive. Bodywork and engine rebuilding are the most expensive aspects of a restoration. Make changes along the way and it gets even more expensive. Do as much as you can yourself and save accordingly.