Repairing an antique roadster can be a fun and exciting project. Classic car restorers get to take something old and special and make it shine like new again. But fixing up a classic car can also get expensive very quickly if there isn’t a clear budget in place.  

Understanding how much money will be needed ahead of time can help car enthusiasts enjoy the restoration without unexpected financial stress. Classic car loans could be used to fund these projects, but it’s still important to estimate costs carefully.  

Here’s a breakdown of things to consider: 

Make a detailed plan 

Before starting repairs, car owners should clearly outline what needs fixing. The first step is to carefully inspect the classic car to list out everything that needs repairing or replacing. The list should include checking the engine, brakes, transmission, tires, interior and bodywork.  

• Tip: A thorough inspection can help owners create an accurate picture of the work ahead and prevent surprises later. 

 Check prices for parts 

Classic cars typically need special parts. Many original parts for older vehicles aren’t made anymore, making them harder and more expensive to find.  

Owners should spend time researching where to buy parts because prices can differ greatly depending on condition, age and availability.  

• Tip: Write down costs for each needed part to help keep track of total spending. 

Consider labor costs 

Many antique car owners enjoy doing their own repairs, but certain tasks may require professional help.  

Complicated repairs like engine rebuilds, transmission work or detailed body restorations may require an expert. While labor rates vary by state and shop, the average hourly cost is typically $70 or more, and specialized services may charge even higher rates. 

• Tip: Owners should contact local garages or restoration shops to get quotes. Shopping around can help owners find the best balance of quality and affordability. 

Tools and equipment 

Restoring a classic car often requires specialized tools and equipment like engine hoists and welders that many home garages don’t have. Before beginning a project, it’s important for car owners to take inventory of what they already have and identify which tools are needed for specific repairs. 

• Tip: Owners should price out tool rentals versus purchases to see which makes the most financial sense. 

 Paint and bodywork 

Painting an antique roadster isn’t as simple as painting modern cars. It often involves removing old paint, repairing dents, treating rust and carefully applying multiple coats of new paint. Professional paint jobs can cost thousands of dollars, depending on the quality of paint and level of detail.  

• Tip: Getting quotes from body shops ahead of time may help owners accurately budget for this essential part of restoration. 

Interior restoration 

The interior of a classic car usually needs attention too. Replacing seats, carpeting, dashboards and other interior components can add up quickly. Prices vary depending on the materials used, such as leather versus fabric.  

• Tip: Classic car owners should shop around to compare prices and quality before making a purchase.  

Transportation costs 

If the roadster isn’t running, owners need to budget for transportation to and from repair shops or paint facilities. Transporting a car on a trailer or flatbed truck can add unexpected expenses.  

• Tip: Calling local transport companies ahead of time will help determine these additional costs and keep the budget realistic. 

Review and adjust 

After gathering all estimated costs, it’s important to add them up and review the overall budget. If the projected expenses are too high, adjusting the plan can help keep the project manageable. Prioritizing essential repairs — especially those needed to make the car safe and drivable — can be a good first step. 

• Tip: Remember, non-essential cosmetic improvements can always be done later when more funds are available.  

Plan carefully and research 

Careful planning and clear cost estimates are key to any successful project. Taking time to research each step helps to avoid unexpected problems. Setting a budget early also makes it easier to manage costs and reduces stress. When plans are carefully laid out, car owners can focus more on enjoying their project instead of worrying about details. Patience and preparation always pay off, no matter what type of project someone chooses to tackle.  

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Sources: 

https://www.hagerty.com/resources/car-restoration/how-much-does-it-cost-to-restore-a-classic-car 

https://www.hotrod.com/features/show-quality-paintjob-expectations-finish-line/ 

Media Contact Information
Name: Sonakshi Murze
Email: Sonakshi.murze@iquanti.com
Job Title: Manager