I have about $1400 in tools and materials (stuff I didn't need to buy) and already $400 in parts and I am still in tear-down mode. By the time I am finished, I think it will be close to 9.5K invested with the biggest expense being a paint job. I haven't estimated any other expenses such as miscellaneous bolts, paints, lubricants, gaskets, etc. that will be needed either. I am going to try and reuse as much as possible, but some things just won't hold up that well after 30 years. I think I have a conservative estimate and could get it done for cheaper and not replace some of the parts. However, it is easier to replace them now at this stage than later when it would be a bigger PITA. I don't need to drive this, so I can afford to take my time. Another poster made a great point, how much of your time is going to be involved?
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