economy and your car hobby. - Hot Rod Forum : Hotrodders Bulletin Board
Hotrodders.com -- Hot Rod Forum



Register FAQ Search Today's Posts Unanswered Posts Auto Escrow Insurance Auto Loans
Hot Rod Forum : Hotrodders Bulletin Board > General Discussion> Hotrodders' Lounge
User Name
Password
lost password?   |   register now

Reply
 
LinkBack Thread Tools
  #1 (permalink)  
Old 11-12-2008, 06:57 AM
Member
 

Last journal entry: Body work
Last photo:
Join Date: Jul 2004
Location: phoenix Az
Age: 59
Posts: 244
Wiki Edits: 0

Thanks: 0
Thanked 11 Times in 10 Posts
economy and your car hobby.

Has anyone else stopped or slowed down on their projects due to a struggling economy? The economy in general is bad enough and now the company I work for is moving most of its manufacturing out of the country and putting hundreds of people out of work. Pretty soon the government will have to go belly up because no one will have jobs to pay taxes.

    Advertisement
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #2 (permalink)  
Old 11-12-2008, 07:29 AM
poncho62's Avatar
Out of the Loop Moderator
 
Last wiki edit: Streetbeasts links
Last journal entry: at car show
Last photo:
Join Date: Oct 2003
Location: Hanover, Ontario, Canada
Age: 62
Posts: 16,864
Wiki Edits: 5

Thanks: 20
Thanked 250 Times in 203 Posts
The same happened to me 2 1/2 years ago...............Its a tough go, especially at my age (54 at the time)........no one wants an old guy, especially with middle management experience. It forced me to retire at 55..........Oh, there's a good side to this.......... ............But, I feel your pain.
__________________
Ontario Rodders

Budget RVs
Reply With Quote Quick reply to this message
  #3 (permalink)  
Old 11-12-2008, 11:52 AM
lets cut it up's Avatar
Registered User
 
Last photo:
Join Date: Oct 2007
Posts: 1,467
Wiki Edits: 0

Thanks: 0
Thanked 1 Time in 1 Post
Quote:
Originally Posted by americanLT1
Has anyone else stopped or slowed down on their projects due to a struggling economy? The economy in general is bad enough and now the company I work for is moving most of its manufacturing out of the country and putting hundreds of people out of work. Pretty soon the government will have to go belly up because no one will have jobs to pay taxes.


I have scaled back to the point that my blown 65 elcamino will be up for sale soon(after I make it more drivable for the average folk=no blower or 4-speed)my 57 Chevy and my 34 will have to go.I will try to hold on to my 55 and my vette. I was building a mold of a vette but When I run out of the materials I have purchased i will have to stop on that. I work for a car dealer selling Chevy and we are unsure how long we will have jobs because even though I work in the body shop,sales drive the dealer ship. We have no sales..I mean none.... So I wait for the worse because it hasn't hit here yet but it on its way.
Reply With Quote Quick reply to this message
  #4 (permalink)  
Old 11-12-2008, 12:03 PM
F&J F&J is offline
Registered User
 

Last journal entry: 32 Ford cabriolet conversion/windshield
Last photo:
Join Date: Mar 2007
Location: Connecticut
Age: 62
Posts: 1,571
Wiki Edits: 0

Thanks: 0
Thanked 1 Time in 1 Post
I've never seen so many opportunities to make money off the hobby to pay for my hobby.


You listen to the incessant doom & gloom by the networks and you start to feel broke yourself, or too afaid to invest. NOW is the time...NOW...there are so many people out there who are not affected by the world, and still pay crazy money for good stuff.

Heck, I scored a super deal on my home and garages last December due to the daily, never ending gloom reporting about how homes were NOT selling. My seller finally went with my offer...he was loaded anyways and just wanted to go to his winter Fla home, instead of waiting for the market to calm.

If you have a PC, and can read & memorize, you can ID old parts, cars, whatever...then buy local and sell global.

The planets are aligned right now


1990-92 was the last time for this exact setup and now it is better, due to boomers being retired on good pensions... and they want stuff they did not have when they were young.
Reply With Quote Quick reply to this message
  #5 (permalink)  
Old 11-12-2008, 01:27 PM
NEW INTERIORS's Avatar
Believe in yourself !!!!!!
 

Last journal entry: 41 WILLYS FRAME
Last photo:
Join Date: Jul 2007
Location: In My Shop..
Age: 49
Posts: 10,054
Wiki Edits: 0

Thanks: 1,202
Thanked 527 Times in 392 Posts
I'm going to keep moving forward as long as I can.... Will cut back on some things,But not my hot rods for now....
Reply With Quote Quick reply to this message
  #6 (permalink)  
Old 11-12-2008, 02:27 PM
Cruisinthe34's Avatar
Registered User
 

Last journal entry: Some of the Details
Last photo:
Join Date: Nov 2008
Location: West virginia
Age: 63
Posts: 26
Wiki Edits: 0

Thanks: 0
Thanked 0 Times in 0 Posts
I'm still building ..... I spent more this year on finishing the '41 than any previous year on any of my Street Rod projects. I think it's all a 'life style' thing. We cut back in other areas FIRST !
Reply With Quote Quick reply to this message
  #7 (permalink)  
Old 11-12-2008, 02:51 PM
Member
 

Last journal entry: Free tires
Last photo:
Join Date: Dec 2004
Location: South Carolina
Age: 54
Posts: 250
Wiki Edits: 0

Thanks: 0
Thanked 0 Times in 0 Posts
I got lucky somewhat, got most of the big expense stuff done the last two years, mostly now doing re-assembly on one car, racing and planning upgrades on another (planning is cheap)

The Convertible needs a full resto, by the time I start taking it apart getting ready for expensive stuff hopefully this economy will have picked back up.

But overall we've cut back on expenses in general due to economic concerns.
Reply With Quote Quick reply to this message

Recent Hotrodders' Lounge posts with photos

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Hot Rod Forum : Hotrodders Bulletin Board forums, you must first register.
Please enter your desired user name (usually not your first and last name), your email address and other required details in the form below.
User Name:
If you do not want to register, fill this field only and the name will be used as user name for your post.
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -6. The time now is 06:48 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Search Engine Optimization by vBSEO 3.6.0 PL2
Copyright Hotrodders.com 1999 - 2012. All Rights Reserved.