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Over Budget!

Discussion in '206/246' started by omgjon, Aug 6, 2023.

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  1. omgjon

    omgjon F1 Rookie
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    Feb 13, 2005
    3,569
    Spicewood, Texas
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    Jon Gunderson
    #1 omgjon, Aug 6, 2023
    Back over 15 years ago my son Jeff and myself restored our first Ferrari Dino. It was a 74 GTS, and we had no idea what we were doing. He was in high school and we are both very bull headed so it was quite the time. We managed to finish it and went on to restore a Chairs and Flares USA model coupe for our second project. He went off to college and I kept up on my niche I had found. Fast forward 17 years and Jeff works in the tech field, one step lower than a CTO and has done very well for himself in Austin, Texas. I moved from San Diego 2 years ago and built a new shop. Jeff had such good memories and missed working with his hands. I proposed we buy something that needed some work and he could do it on his spare time. We found a 72 Euro Gt that fit the bill. We established a budget and he went to work. We quickly vastly exceeded our budget as one thing led to another!! We ended up doing a whole new interior including glass out so we could replace the headliner. We rebuilt the column switch,new campagnolo wheels and correct tires,new grill,reat light and wiring,trunk carpeting,Ansa exhaust,new batchboards,new underneath fiberglass splash panels,brake calipers rebuild,new engine compartment front and rear heat shields, refurbished the fuel tanks,new fuel lines and fuel pump,mostly repainted and completely rebuilt the motor and gearbox and more! We went over our initial budget by at least 3X but now have a very nice looking and great running car and Jeff got to get his hands dirty again.


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    specracer944, swift53, Michael Call and 9 others like this.
  2. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
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    #2 TonyL, Aug 7, 2023
    Dont forget the floor mounted seat runner cover plates.
    Tony
     
    swift53 likes this.
  3. racerboy9

    racerboy9 F1 Rookie
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    Nov 3, 2003
    2,645
    #3 racerboy9, Aug 7, 2023
    What an eye!
     
    TonyL likes this.
  4. waverider1

    waverider1 Rookie

    May 12, 2023
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    Africa
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    Jack Mendelson
    #4 waverider1, Aug 7, 2023
    Fantastic work Jon. Well worth going a bit over budget!
     
  5. tx246

    tx246 F1 Veteran
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    Nov 4, 2003
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    Shawn
    #5 tx246, Aug 7, 2023
    Tony,

    No doubt you are right, but Jeez, good call on your part. I would hate to have you look over my stuff.
     
    TonyL likes this.
  6. tx246

    tx246 F1 Veteran
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    #6 tx246, Aug 7, 2023
    As much as I hate to admit this, one of my best customers used the term, “Well, that is just a rounding error”.

    I am going to go ahead and call for the same term here. It seems if the original scope of work was one thing, as in typical OMGJON fashion (and Jeff, as the apple doesn’t fall from the tree), if something is noted as needing a bit of attention, it gets every bit of attention needed.

    From my personal experience, OMGJON is very reasonable and prudent. I also remember that first thread so many years ago (Are we really that old now?), and it was so interesting to watch. I am glad to see Jeff jumping back in.

    Shawn
     
  7. TonyL

    TonyL F1 Rookie

    Sep 27, 2007
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    #7 TonyL, Aug 8, 2023
    I only noticed because its the same interior as mine :)
     
  8. omgjon

    omgjon F1 Rookie
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    Jon Gunderson
    #8 omgjon, Aug 10, 2023
    375+ likes this.
  9. Nuvolari

    Nuvolari F1 Veteran
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    Sep 3, 2002
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    Rob C.
    #9 Nuvolari, Aug 13, 2023
    No matter the level of experience these projects always seem to creep and it is impossible to estimate a budget. Nice result :)
     
  10. Edward 96GTS

    Edward 96GTS F1 World Champ
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    Nov 1, 2003
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    #10 Edward 96GTS, Aug 13, 2023
    thats why Sheehan always says, “pay for the restoration, get the car for free”.
     
    muk_yan_jong likes this.

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