I'm not going to lie, when I bought my little wagon in 2005, I wanted to make it into the closest thing to the 400 hp fire breathing monster of an STi wagon I had in Gran Turismo 2. I am a huge Subaru enthusiast, and so I started collecting parts that I someday thought I would put on the car.
Fast forward now after owning the car for four years and over the course of 25,000 miles, and things aren't looking so bright. I lead a very active lifestyle and I park on the street in a big city, so my car takes a thrashing. Add to that they typical rust any 16-year-old Japanese car has and the small quirks that have come about because of the engine swap, mostly electrical, and it's starting to show that I am in no position to turn my car into something it's not at the moment much less it take the parts I have for it.
So I have about $1,000-1,500 in parts sitting in my garage that some people would kill for. I just sold my rear disc conversion tonight for more than I paid for it by a small amount. But there are some parts I think I will use on my next car, whatever Subaru it may be, because they're interchangeable such as the 2.5 RS lowering springs.
What I would like to know is whether or not it's time to give up the collection for the moment and wait until I have a vehicle better-suited for the parts or should I keep them? Has anyone here ever had to balance being an enthusiast with being practical?
Sell the parts and don't buy more.
Modifying what is, quite frankly, a pile of shit (I have one too so I can say that) is a waste of money. Better to save the money so that you can trade it in for something decent in a few years.
Not worth it - liquidate everything, drive the current ride into the ground (further), and save for something newer.
By the time you install those parts in your car, you'll probably have a job and the means to buy a better car outright. The endearing quirks of your car that you tolerate now will turn into headaches, once the realization sets in that objectively the car isn't in very hot shape.
What if I buy a Forester and want to lower it? Keep the springs or not?
Quote from: TBR on April 02, 2009, 04:55:27 PM
Sell the parts and don't buy more.
Modifying what is, quite frankly, a pile of shit (I have one too so I can say that) is a waste of money. Better to save the money so that you can trade it in for something decent in a few years.
The car was in pretty good condition when I bought it, all things considered. It's just taken the beating of the latter half of my teenage years and the earlier half of my twenties.
Quote from: the Teuton on April 02, 2009, 05:00:57 PM
What if I buy a Forester and want to lower it? Keep the springs or not?
You have more use for the money now than you will in the future. Your parts are not one of a kind, you can get them again if you need them.
my friend is going throught the same thing with his 240SX... he has probably $6k of parts laying around (silvia conversion plus a SR20DET) and the car itself is a hopeless rust bucket that been on jack stands for a good year now getting shit done. His beater car blew up and he bought a 325i as a commuter car and now likes that car so much that he wishes he could have saved all the 240SX money and just got a 335i and be done with it....
Quote from: the Teuton on April 02, 2009, 05:00:57 PM
What if I buy a Forester and want to lower it? Keep the springs or not?
Depends, how much are they worth? If it is any significant amount I'd sell them and then if you got a Forester and want to lower it (though why not just get a Legacy Wagon?) I am sure you can find some for a similar price.
Quote
The car was in pretty good condition when I bought it, all things considered. It's just taken the beating of the latter half of my teenage years and the earlier half of my twenties.
I'd say that my car is in pretty good condition for a car as old as it is. But, it still has a bunch of weirds creaks, rattles, and squeaks that annoy the hell out of me. And, ultimately, it drives like a car that debuted in 1992, it's outdated.
Quote from: TBR on April 02, 2009, 04:55:27 PM
Sell the parts and don't buy more.
Modifying what is, quite frankly, a pile of shit (I have one too so I can say that) is a waste of money. Better to save the money so that you can trade it in for something decent in a few years.
+1
Although I'm sure everyone will pile in and tell me I'm "not an enthusiast" because I think modifying something that isn't meant to be a performance car is analogous to pissing money down the toilet.
Quote from: Lebowski on April 02, 2009, 05:13:27 PM
+1
Although I'm sure everyone will pile in and tell me I'm "not an enthusiast" because I think modifying something that isn't meant to be a performance car is analogous to pissing money down the toilet.
Some cars moreso than others. If it's a mainstream car that is already turbocharged and MT, for example, then I'd say there is some cost effective modification that can be done.
Quote from: Lebowski on April 02, 2009, 05:13:27 PM
+1
Although I'm sure everyone will pile in and tell me I'm "not an enthusiast" because I think modifying something that isn't meant to be a performance car is analogous to pissing money down the toilet.
See, Subarus are fairly easy to make into enthusiast cars because there really wasn't much different between the run of the mill base AWD cars and the WRXs for a long time.
But I understand your point completely.
So general consensus is to start playing around with my car when I a) have a better car to start from, b) have more time to play with it, c) have more money to spend on it, and d) don't have the wasteland known as college to worry about.
Is this right?
Liquidate everything until you find a car you really want. There's no point in keeping this because once you start working, what you can afford and what you want may be different from now. At that time you will regret wasting all that money on this car.
I've been there and done. That's why with the Rx8 and RSX, there were minimum mods.. only did minor stuff for the Elise.
however, there is in theory the benefit of maybe sinking a couple grand into a car you have and those mods making the car so much more enjoyable that you can put off buying another car for 5 years
Sell everything, including your car. Buy a Swift.
Sell the parts. You have better use for that money now, and to do exrensive modifications to that car is sort of like building a foundation on sand. It's just not worth it.
When you're in a position financially to get a better car, then you can reevaluate. Until then, liquidate the parts and hold onto the money.
Quote from: r0tor on April 02, 2009, 05:43:24 PM
however, there is in theory the benefit of maybe sinking a couple grand into a car you have and those mods making the car so much more enjoyable that you can put off buying another car for 5 years
Doesn't really work that way as much as I'm trying to convince myself.
I am in the same situation. I already know what car I want next... I'm just gonna load my car up with the parts I bought, drive it till I can save up to buy what I want and get rid of it. It's been a huge waste of time and money.
Modding something like your wag or my car is something you do long after you've established yourself financially. Now is not the time. I don't know if you're done with school or w/e, but once you're out in the real world just junk your wag and get an actual WRX.
Oh, I will keep the wagon until it is unsafe to drive. Then, it will become a rallyX car until it is unsafe to drive there. Then I'll retire it.
But yeah, I'm going to start liquidating my car parts. I talked to my dad tonight after reading some of your opinions, and I'm easily sitting on at least $1,100. I can do a lot with that much money right now.
The parts are worth more then the car. I think it's obvious.
Quote from: HEMI666 on April 02, 2009, 11:04:17 PM
The parts are worth more then the car. I think it's obvious.
I paid $800 for it in 2005, and I've maybe $1,400 (probably a little high of a number) total in major repairs over the past four years to keep it road-worthy.
I think I've gotten my money's worth out of it thus far.
Don't listen to me. I built customs and hot rods on a shoestring when I was making $7/hr. I enjoyed the hell out of my cars, made money on them when I sold them and built more fun cars. I had more fun cars, and more fun WITH cars back then than I do now that I'm "financially secure."
Taking a cheap economy car, putting some money into mods, then blowing off guys that spent $30k on a Corvette at the track was immensly satisfying, much more personal and gave a great sense of accomplishment that doesn't come with simly buying "off the rack." Very often the parts I put on were worth more than the car was when I bought it, because I'd buy $100-500 cars with the intent of modding them. I also really prefered cars that were not mainstream. For example, while I had Mustangs to race, the Falcons were more satisfying to mod and drive.
But, like I said, don't listen to me. What do I know about cars?
Quote from: the Teuton on April 02, 2009, 11:42:23 PM
I paid $800 for it in 2005, and I've maybe $1,400 (probably a little high of a number) total in major repairs over the past four years to keep it road-worthy.
I think I've gotten my money's worth out of it thus far.
You missed my point. Those performance parts are worth more then the car, so I wouldn't do it. I'm not saying you didn't get your money's worth. I'm saying it ain't worth your money to modify it, especially right now when you will be going to school.
Quote from: ChrisV on April 03, 2009, 05:49:08 AM
Don't listen to me. I built customs and hot rods on a shoestring when I was making $7/hr. I enjoyed the hell out of my cars, made money on them when I sold them and built more fun cars. I had more fun cars, and more fun WITH cars back then than I do now that I'm "financially secure."
Taking a cheap economy car, putting some money into mods, then blowing off guys that spent $30k on a Corvette at the track was immensly satisfying, much more personal and gave a great sense of accomplishment that doesn't come with simly buying "off the rack." Very often the parts I put on were worth more than the car was when I bought it, because I'd buy $100-500 cars with the intent of modding them. I also really prefered cars that were not mainstream. For example, while I had Mustangs to race, the Falcons were more satisfying to mod and drive.
But, like I said, don't listen to me. What do I know about cars?
I dig what you're saying, but at the end of the day dude has to make a choice about what's important. I don't know what your situation was like growing up but from what I'm seeing it seems like people had much more disposable income to spend on cars in the 60s-70s. That's not the case so much anymore. Even as an enthusiast, right now cars shouldn't be a priority if they get in the way of financial stability.
Quote from: sportyaccordy on April 03, 2009, 07:51:56 AM
I dig what you're saying, but at the end of the day dude has to make a choice about what's important. I don't know what your situation was like growing up but from what I'm seeing it seems like people had much more disposable income to spend on cars in the 60s-70s. That's not the case so much anymore. Even as an enthusiast, right now cars shouldn't be a priority if they get in the way of financial stability.
Regardless, his point is that it can be done. Head over to GRM and see the challenge cars people have put out over the years.
If Teuts needs the $$, then liquidate, the parts can always be reacquired. If he wants a project, pick up a second car on the cheap, and modify the wagon.
There are so many ways that he can go.
That's why I said don't listen to me. I had fun playing with cars when I made $7/hour. My situation growing up was living below the poverty line. I started playing with cars in '78 when I was in high school, without my parents' financial help. But most of the stuff I built was in the mid '80s through the late '90s.
I'm just responding the the points brought up about "it's not worth modding a car if the mods are worth more than the car" and "it's not worth modding a cheap car when you could save up for a better car." I disagree with both of those, and have had the fun cars to back up my position.
Quote from: L. ed foote on April 03, 2009, 08:26:12 AM
If Teuts needs the $$, then liquidate, the parts can always be reacquired. If he wants a project, pick up a second car on the cheap, and modify the wagon.
Yeah, interestingly, when you're in this sort of position, it's often easier to deal with two cars: a driver and a project. That is, if you have the room to have two cars.
FYI, $7.00 in 1980 would be $18.00 adjusted for inflation.
Quote from: TBR on April 03, 2009, 09:31:07 AM
FYI, $7.00 in 1980 would be $18.00 adjusted for inflation.
Try $7/hr in '92. That's when I was recovering from the accident that left me in a wheelchair, and and started working at an RV store, and built the V8 RX7. In '80 I was a senior in high school and was working for $4/hr part time and built the Torino GT AND my Pinto autocross car.
Quote from: ChrisV on April 03, 2009, 09:21:51 AM
Yeah, interestingly, when you're in this sort of position, it's often easier to deal with two cars: a driver and a project. That is, if you have the room to have two cars.
I've done it without having the room :lol:
It sucks not having a garage, most of the work I do is on the street, but I haven't really done much in the way of extensive mods. It's a PITA to move cars around under your own power for street cleaning.
I have the philosophy that your project car shouldn't be your daily driver... Of course it should be noted that I'm daily driving my project car, but I haven't done much to the Scirocco. I'll probably look to pick up a 2nd car sometime in the next couple of months and put the VW back to "project" status, which is why I originally picked it up.
But yeah, I've been combing the vortex for ideas, and otherwise doing research...
Quote from: ChrisV on April 03, 2009, 09:36:21 AM
Try $7/hr in '92. That's when I was recovering from the accident that left me in a wheelchair, and and started working at an RV store, and built the V8 RX7. In '80 I was a senior in high school and was working for $4/hr part time and built the Torino GT AND my Pinto autocross car.
That makes far more sense, your post wasn't clear. Though as it happens both work out to roughly $10.50/hour, more than most college students and high school students make. Regardless, ultimately it is a case of putting your priorities in the right order. First priority should always be to get an education , if you feel like that's the right option for you. Second priority should be to have some emergency savings in place. I have friends back home who sink every dollar they make into modifying their vehicles, but then when something on that vehicle breaks they don't have money saved to repair it and then can't get to their job. Third priority comes the toys, modifying cars falls into that category. Ultimately, because I knew that my parents weren't just going to pay my way through college, I never really got to the third priority despite working my ass off in high school.
Quote from: TBR on April 03, 2009, 09:31:07 AM
FYI, $7.00 in 1980 would be $18.00 adjusted for inflation.
Regardless, a car can still be built using parts on the cheap. Just have to be creative about it. Nothing wrong with hitting up the local pick and pull for parts for a swap. Looking at something like the VW Vortex, there are a ton of parts and cars and parts cars that can be had on the cheap.
Quote from: L. ed foote on April 03, 2009, 09:43:51 AM
Regardless, a car can still be built using parts on the cheap. Just have to be creative about it. Nothing wrong with hitting up the local pick and pull for parts for a swap. Looking at something like the VW Vortex, there are a ton of parts and cars and parts cars that can be had on the cheap.
Certainly, but just because it can be done doesn't mean that there aren't better things for students to spend their time and their money on. Just because Chris wanted to put his resources into cars doesn't mean that it's a good option for most people.
Quote from: TBR on April 03, 2009, 09:42:58 AM
I have friends back home who sink every dollar they make into modifying their vehicles, but then when something on that vehicle breaks they don't have money saved to repair it and then can't get to their job.
Yep, that's why I say your project car shouldn't be your daily driver. Don't get me wrong, it can be done, but I prefer not to.
Quote from: TBR on April 03, 2009, 09:45:36 AM
Certainly, but just because it can be done doesn't mean that there aren't better things for students to spend their time and their money on. Just because Chris wanted to put his resources into cars doesn't mean that it's a good option for most people.
As always it depends on the person. When I was in school, I was into cars, beer and skirts. One of my roommates was a bodybuilder, the other was into skiing/snowboarding, the other was into videogames.
Whatever floats your boat.
Sell the parts, sell the car, start over.