Project Car: Do You Really Need It?

A project car has various interpretations, but generally, it refers to a vehicle on sale in poor condition or with several flaws, intended for restoration. The scope of a project can vary widely, from fully restoring a cherished '74 Corvette to making an old Volkswagen road-worthy again, or even building a race or drift car—and everything in between. Typically, these projects demand countless hours of labor and can require hundreds, if not thousands, of dollars in investment.

The range of offers on the Indiana market to become your project car is impressive, and the prices are attractive. But is buying such a vehicle worth it?

Why do people get project cars?

Some projects may be undertaken simply because the owner has a strong affinity for the model, platform, or brand. Others may hold deep sentimental value, handed down through generations within a family. It's quite common for someone to continue working on their car, keeping it on the road simply because it belonged to their grandpa or their dad. Engaging with a project car is an excellent way to gain hands-on experience and deepen your understanding of how vehicles operate. As a result, you can drive your own vintage vehicle.

Should you buy a project car?

If you are thinking about buying a car for restoration to save money, or as a first, “training” car, initially, find out all the pros and cons of such a deal.

Selling a car after an accident has long been a profitable business with a high possibility of fraud. Even a Carfax history report is not a panacea: the vehicle could have been scratched while parked near the house and received several repair reports, or it could have been in a serious accident not listed in any database. Therefore, choose your project car very carefully.

Pros of buying a project car

Impressive savings on the purchase may be the main reason for choosing a car in poor condition. The answer to whether to buy a project car is usually positive if you know what you do and are ready for the scope of work. You can find many options from popular brands and well-reputed models in Indiana on such marketplaces as:

• eBay;
• Craiglist;
• and on Facebook. 

Defects in doors, wings, bumpers, or hood do not affect the safety. However, even in this case, it is crucial to replace the old parts with new original ones and carry out technical work at a high level. But here's the catch: you are unlikely to identify all the damage and determine its extent if you are not an auto expert or mechanic.

Disadvantages of buying a project car

The actual car condition may differ greatly from what you saw in the ad. Unfortunately, intermediaries often buy cars from owners after an accident and do cosmetics, ignoring the problems hidden from the eye. Then they sell significantly below market value (of course, without revealing the truth about all the defects). But even if you were lucky to find honest sellers, you should assess whether you can financially cope with the repair. Considering the costs of bodywork and possible defects from a list of the most expensive ones, the final amount may ruin your budget more than an average used car for sale.

Damaged body geometry is one of the most frequent concerns with cars after an accident. The downside is not only in the restoration, which will cost you a pretty penny. Damaged body geometry is a virtually guaranteed increased wear of the rubber, the appearance of cracks in the windows, and leaks in the cabin. Even a restored body is dangerous: it is not as durable as before. Think about whether you should risk the lives of passengers and your own.

Experts advise inspecting any used vehicle at a car service center in Indianapolis. An experienced specialist will determine whether it has been in an accident and will even find hidden defects.

Conclusion

Owing a project car is a conscious decision. Enthusiasts will say that everything can be repaired. However, it will be impractical in most cases (regarding finance and time) unless car repair is your profession.

Project cars are just what they sound like—long-term endeavors for their owners. They provide an opportunity to work on a vehicle during free time while relying on a safe and dependable daily driver for commutes.

If the main goal when choosing a vehicle on Indiana car lots is to save money, then it is advisable to consider other options, such as used car financing.