Musings: Restoration = Money loss! (ALWAYS)
Most cost effective thing to do on an old beater is paint. Prep it yourself and roll it over to One-Day or Maaco for a high impact color. Wax it 2 weeks later and sell it if you are not going to enjoy it and drive it. Lots of guys can do mechanical and interior "pull and replace" but paint is an area that is scary for many. Just dont paint it brown or olive green...I bought a '65 "S" 100% original for $800 back in '93. Too bad I starter resto-modding it or I could probably add a 0 to the price now..oh well, its probably worth 9000 now with its new paint, interior, stroker motor, disc brakes and 8 3/4 SG...but that all took time and money where as a little elbow grease and cold storage would have been all but free. Wanna lose money very quickly? Buy any new car.....Its a hobby, enjoy it. you wanna MAKE money on a restoration, do up a 55-57 Chevy. Every part can be bought repopped cheap, (made in Taiwan) and there are enough rich old farts that are done wrenching to sell to. Sad fact....