I like the idea of a never ending project.
Work on it with my son, he is 3 right now but I will still be doing something on it.
I can stop putting money in it any time I want, when its not running I can drop insurece on it and in stock form I only have liablity on it.
Plus NEVER forget, payments with interest makes it considerable MORE including full coverage!
Also you then have to consider how much you may loose on the deal if, hopefull not, you get in a accident and the insurence company dose not see the same value as you do.
On another note, how many still have problems crop up with extreamly well done work? If that happens to you, you will have to figure out what someone else did and etheir fix it or improve what was done in the frist place. Working on a car with an increadeble body, me no likey!
I can just see it now, Post: I got this car a while ago and.........