Receipts or no receipts

[Masscj7]

I have for the most part completed the cheapest part of my build, disassembled down to the frame. Next comes the expensive parts.

Guys that have done it in the past, have you kept track of cost and all the receipts? Coming from a racing background, I know you'll never get what you put into it and always buy someone else's loss, but wonder how many of you want to know what you've spent and how many of you don't want to know what you've spent.

 

[YJeXtreme]

I have for the most part completed the cheapest part of my build, disassembled down to the frame. Next comes the expensive parts.



Guys that have done it in the past, have you kept track of cost and all the receipts? Coming from a racing background, I know you'll never get what you put into it and always buy someone else's loss, but wonder how many of you want to know what you've spent and how many of you don't want to know what you've spent.

Main reason I keep receipts is for parts with warranties. Many stores purge records every couple of years & without receipts you’re out of luck.

 

[RiverandSand]

Keep the receipts, I do mainly because I forget what and where I got the parts. Also it's good to look back at times to see just how many parts got replaced during the rebuild/resto.
Funny thing, I was cleaning up awhile back and found receipts from an S10 project I did 10 yrs ago, spent a ton on that one.

 

[cglax6]

I keep receipts for any of the expensive stuff where it makes sense for warranty purposes.

I also keep a log book of all parts, maintenance, repair, and replacement I've done. It has the dates for everything, torque specs, and any special notes/lessons learned to keep me out of trouble in the future. In the back, I keep notes on any parts research, specs, phone numbers, part numbers, etc.

I don't plan on selling my CJ...ever...but stuff happens, and having detailed field notes may bring some extra money from an informed buyer. I have the worst memory, so keeping all info in a book helps me keep track of what I've done...and it'll cut down on research in the future if I need to replace something.

 

[jp360cj]

Keep the receipts, I do mainly because I forget what and where I got the parts. Also it's good to look back at times to see just how many parts got replaced during the rebuild/resto.
Funny thing, I was cleaning up awhile back and found receipts from an S10 project I did 10 yrs ago, spent a ton on that one.

I've tried to keep receipts in the past, mainly for big projects like my axle swap with mix match parts. Usually starts off good, then gets sloppy when I get into the project and have to run to the parts store to buy/exchange parts.

But I do wish I kept better records. Not so much to track all the expenses, but mostly so down the road I know what parts came from where and what all I've done.

 

[j6824]

I have for the most part completed the cheapest part of my build, disassembled down to the frame. Next comes the expensive parts.

Guys that have done it in the past, have you kept track of cost and all the receipts? Coming from a racing background, I know you'll never get what you put into it and always buy someone else's loss, but wonder how many of you want to know what you've spent and how many of you don't want to know what you've spent.

Noooo...bad idea...BAD BAD idea...

Don't want mama to know what I've spent

 

[Impory]

I’m keeping a running total,and receipts...if I ever sell I can show exactly what was replaced new...and what I spent...cough..cough.....lol

 

[Kane]

I have most receipts but I mainly track everything on a spreadsheet for the original build and ongoing projects. I keep a running worksheet on things I need or want to do and cost analysis for larger items like building the new motor. This keeps me in check on the total budget. I love my Jeep but I do not want to get too far into the spending. I have about 21k into it now and I know I am already past what I could get to sell it. I never plan to sell but I cannot justify in my head going much over what I have now for money spent and I still have a motor to build.

 

[Scout1067]

I keep all my receipts in a binder but mostly track everything with my paper logbook and a spreadsheet. I have a ceiling amount I can spend getting it where I want it so want to stay under that number.

Sent from my ALE-L21 using Tapatalk

 

[Lumpy Grits]

Yes, and a log-book.
Comes in handy when CRS sets in.........
LG

 

[HackFabrication]

I've kept just about every receipt concerning my build. Perhaps a few 'oddball' hardware store receipts are missing. All the expenses I track on Quicken. It's a humbling experience when I pull a Jeep Expense Report...

If you are swapping/upgrading/resto-modding: Keep the receipts. When you get old (and/or time passes on), you will need them to refresh your memory as to what parts were used where.

 

[Belizean]

I started to keep track but got scared . Figured life is to short to worry about costs. Figured I would just shift into Ramming Speed and Just Empty Every Pocket. Now I feel a lot better

 

[Masscj7]

I started to keep track but got scared . Figured life is to short to worry about costs. Figured I would just shift into Ramming Speed and Just Empty Every Pocket. Now I feel a lot better

This is is exactly what I in my gut am feeling! I don't think I want to know and then I have plausible deniability too!

Others have great points too, I do think having some sort of documented investment will help with any pain in the neck insurance issues down the road. Won't get what I've invested, but may help bridge the gap.

 

[cglax6]

This is is exactly what I in my gut am feeling! I don't think I want to know and then I have plausible deniability too!

Others have great points too, I do think having some sort of documented investment will help with any pain in the neck insurance issues down the road. Won't get what I've invested, but may help bridge the gap.

Step 1 is to realize that you'll never get what you put into it if you sell it. you get what you put into it when you keep it!

If you're doing it for insurance purposes, you need to let those folks know what you have in it, that you have a record book, and what replacement costs are. I don't use run-of-the-mill insurance...I use Assurant, and they will insure your vehicle for just about whatever you want them to as long as you're willing to pay for it (that is, if you have the pictures and records to prove what you've got into it). For me, their rates were cheaper than using any other major insurance company for double what the other guys would insure it for. But to get payout for what you want, they need to know what you've got into it ahead of time.

My book is more for part numbers, what work I've done, and little tips and tricks that aren't covered in the FSM.

 

[jp360cj]

Step 1 is to realize that you'll never get what you put into it if you sell it. you get what you put into it when you keep it!

If you're doing it for insurance purposes, you need to let those folks know what you have in it, that you have a record book, and what replacement costs are. I don't use run-of-the-mill insurance...I use Assurant, and they will insure your vehicle for just about whatever you want them to as long as you're willing to pay for it (that is, if you have the pictures and records to prove what you've got into it). For me, their rates were cheaper than using any other major insurance company for double what the other guys would insure it for. But to get payout for what you want, they need to know what you've got into it ahead of time.

My book is more for part numbers, what work I've done, and little tips and tricks that aren't covered in the FSM.

Also, if you go this route with the insurance, make sure you have an Agreed Value policy & not a Stated Value policy. Agreed value means they will pay out the agreed on amount. Stated value gives them the option to pay stated value, or actual cash value, whichever is LESS.

 

[duffer]

I keep a Word file on my 3B. It is basically a custom service manual/parts manual detailing parts, parts numbers, any known interchange numbers along with how everything is put together. It includes copied sections from appropriate FSM's, instructions for all aftermarket parts, wiring diagrams, special lube points, a lot of photos and much more.

I do not keep a tally of spent funds. Over the nearly 50 years I have owned that vehicle, most everything has been changed out at least once and some components several times. Would you include the investment in all those discarded parts? It's a hobby, dammit!!!!!

The Word file is currently about 30kb. Whoever gets that vehicle after I'm gone will have everything they should need to know on a CD or thumb drive.

 

[Belizean]

I started to keep track but got scared . Figured life is to short to worry about costs. Figured I would just shift into Ramming Speed and Just Empty Every Pocket. Now I feel a lot better

I actually miss stated some, I have all the receipts for lifetime parts, which doesn't always mean that either. About 30 years ago I got a life time radiator ( they are poor quality) at AZ and they have replaced it many times free of charge but the last time said good for 1 year . The other was front brake rotors at napa. 26 years later I get free rotors. After that replacement they said 1 year. I plan on testing that again someday. I have some more of those receipts that are lifetime