So when I started out with this project I don’t think I knew what I was in for. I didn’t know how much money I was going to have to spend, but as always with me, I love a challenge and I know the money will be well spent. So for those of you wishing to do the same thing as me take note.
Probably the major factor in the cost of such a project is that I am located in Australia. So getting a car here was costly. The car itself, shipping, import fees, agent fees, taxes etc. came to about $AUD20,000. That’s just getting the car here in its unrestored stripped back form as seen here.
So after buying a lot of parts (just about every major part I need to build her up), having the kit fitted and having the body-work taken car of, I’m up in the region of the $AUD50,000 spent!
Now I’m sure other people could do it a hell of a lot cheaper if they did these themselves, but for me, I’m no genius mechanic so I have outsourced the build to my builder friend John. Someone with expertise in classic car restoration has been the best idea I’ve made.
Over the years, and it’s been quite a few, (something like 5 years with this project), I’ve paid for everything with my own hard earned cash and this is partly the reason it’s taken so long, I’ve had to save then buy something, then save and buy something. The other part of the reason is my builder, John, who is flat out himself with his other builds and his fulltime job.
What I’m getting at is I’ve had enough of the waiting. I’m past halfway I would thing and would only probably have $AUD25,000 left to spend. I need to finish the RHD conversion, paint the car, interior, put her back together and some misc parts like the transmission, rear brake kit and rear suspension package.
So I’ve decided I’m going to take the leap and get myself a personal loan. Now I’m always a believer of having no debt and paying with everything in cash, but it’s just too hard for such a project. I’m looking at maybe a $AUD15k or $AUD20k loan.
So that is where I am at financially. I’ve always wanted to be honest with everyone with this build as this is what helps other builders in researching their own project. So over the next few weeks I will search for the best loan and apply for it. Then we’ll get the ball rolling and hopefully bring the end date a lot closer.
That takes a lot of dedication to finish that project. Great job. Where did you find all your mustang parts I can’t find that kit for my 1967 fastback.
Just post back. Thanks
Hi Brian,
Not sure if you’re just posting to plug your site or not. But the kit’s are readily available all over the net or at any major Mustang part supplier. Where abouts have you been looking?
Cheers mate
hi
how are you hope you done from your car soon can you give me any site that selling Eleanor becuse it’s hard for me to buy part’s in here becuse no one car in here about classic car
thanx for this site
Cam,
Have you heard of any people creating a 1967 Eleanor with an ELECTRIC/PETROL engine?
Just like they guys from ronaele but shoved into the old type shell.
As a sydney sider you probably know petrol is getting crazy high and will prob hit $2.
Lemme know if you know of anyone who is taking on such a project.
Cheers~!
Gi
I have had great service from a company named Autoworks International, they have helped with my 66 Mustang, and now I am building a 67 fastback. These guys have built some crazy mustangs and know all of the ins and outs. Info or parts, look at their website my friend also lives in Ausi. and has parts shipped by autoworks to him. I hope this helps good places to get your parts are hard to find. http://www.autoworksracing.com
hey mate, i also live in Australia and am planning on purchasing either a 67 or 68 mustang. i was wondering if you could help me out with what to look for, prices and things like that. if you have some free tim i would appreciate it if you could email me. just mention that your the eleanor builder
Good-Luck with the Eleanor project and great job so far!
I have a 1967 Ford Mustang 2+2 Fastback (C-code) which means its a 289 2 barrel. And I’m going to paint it Pepper Metallic Grey w/ two black metallic stripes, but no Eleanor bodykit for my Mustang. I’ll be using Standox paint for my Mustang.
Just wondering if you have any idea with the cost of the paint job? Great to see the dedication
Hi Cam , I,m also in Australia building and eleanor, my budjet is around $180,000.00. This is with a new shell and right hand drive conversion. I have been given a fixed price from my builder and we have gone thru the costs together and have been conservative with the budget to avoid disappointment at the end. The key is to get all your quotes before you start and have some monies for unforseen things and hiccups.Good luck with your build. Mick
Hey Mick,
Good to hear from you. That budget you have will get you a really nice car! I would love for you to keep in touch with me and send me updates and pictures on your car. I’ll post them on the site like i do with others that send stuff in.
Are you going with a Dynacorn shell? what else will she be equipped with. Would love some pics when you get them.
speak soon
Cam
I,ve purchased a shell thru RRS, there also supplying a 3 link dif assembly,strut and brake system, rack and pinion steering.The motor will be a 5.4l quad cam supercharged as found in the new gt500 super snakes with over 700hp. RRS are also assisting in the engineering of the vechile as it will be the first completed Dynacorn shell in Australia there are heaps of requirements to meet.I,m still waiting on delivery on my shell, i have the dash with the factory RHD. RRS has alot of connections with all the people in the United states which is making it easy to source all the parts.I,ve been waiting since december for my shell but it should be here soon,I don,t think I,ll make it to summer nats this year. Good luck with yours and i will send pictures as soon as my shell arrives. mick