If you're going for a BIG (read expensive) build, you can save a TON of money by just buying a done car. As long as it came from a reputable builder, and you know what you are looking at, and looking for, you shouldn't have too many problems. The other advantage to just buying a done car is this... IT'S DONE! You don't have to wait for it, or stress about it going over budget, or loose sleep over deadlines.
That being said; if I was going to drop a small fortune on a car, I would rather build something totally unique. So I would say it depends on what car you are after. If you want a pro touring camaro, or mustang, or cuda, etc... Just buy it done, but if you want something really out there, you probably will have to get it built.
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