I went thru the lean years myself with 4 kids, house payments and such. Once the last kid left home I retired from what I was doing (48 yrs old at the time) and became a golf bum for 5 years. My wife and I are now in the Storage Management business and as such with get an apartment and utilities paid, but not much in the way of an hourly wage.
With that said I just started on the car last November (had it 4 years prior) being forced to do a major paint and body job on my car, due to hitting a deer. I cut a deal with the paint and body guy to rent him a 10x20 storage space with me paying his monthly rent. I will pay him off in 3 more months. Meanwhile I got the bug to build another car for myself, namely the mustang. I started putting away the car payments that I would pay if I purchased a new car and in February 2003 started buying the parts necessary for my design.
So far I've spent $4,712 in parts and labor (I did most of the work myself) with planned spending up till November. Starting next year I will spend a little more than this year on just a new engine. So far this is what I've done:
Shifter - Steeda Tri-Ax UPR Cold Air Kit with K&N filter Black Finished Finned Valve Covers w/ Billet Oil Cap Kenny Brown Strut Tower Brace Kenny Brown Double Cross Sub Frame Connectors Kenny Brown K-Member Brace (removed due to headers) Ford Racing 3.73:1 Ring and Pinion Set MAC rear girdle MAC Long tube headers MAC Pro chamber MAC Cat back system Ford Racing Blue Silicone Hose Kit MSD distributor cap & rotor Ford Racing 9mm plug wires (red) Kenny Brown Adj (Street) Upper Control Arms Kenny Brown Adj (Street) Lower Control Arms Steeda Idle Bypass Valve Steeda Magnetic Drain Plugs Ford Motorsport Aluminum Drive Shaft Lakewood Drive Shaft Safety Loop MSD 6AL Ignition MSD Blaster TFI Coil MSD to Ford TFI Harness, late model UPR Triple Pickup Quad, Cable & Adapter w/ Premium Cable Kenny Brown Trackit Plus Flaming River Shaft Kit
Energy Suspension motor and trans mount with spring isolators and rear sway bar bushings. Tokico Illuminia 5 way alumina Shocks and Struts
Tremec 3550 trans (used) will pay the 20th of next month for from my mechanic.
November I will purchase a UPR front K Member kit with coil over and complete all work till Feb of 2004.
February of 2004 will finish the suspension and brake with the 4 to 5 lug conversion with Cobra brakes and black centered bullet wheels. After that it will be all engine until I'm done with it. I might add this will include a new short block from D.S.S. or built locally here.
I figured I've saved about $2000 so far by simple buying mail order and shopping around. A good example is the Flaming River steering shaft which at most places is 189.95 with shipping. I found one on eBay new for $75 including shipping. Another example is the exhaust, I paid a total of $481 and about $70.