
A few weekends ago I put into motion the wheel of part restoring my 205 GTI. It was a spur of the moment decision as for months before I had been planning on selling it and replacing it with a Barge for months previously, but we had two sunny weekends in a Row and in the "Summer" weather I started remembering why I like these cars. After a particularly enjoyable drive from Halfords I finally decided that I had a good, solid car that only needed a "few" small touches to make great, so I got to work, stripping out the leather interior of my old 205 and start pulling apart the engine. The head is soon to be sent off for a professional rebuild for something around the £350 mark, and I've still have the big brakes (£200), Suspension (Easily upwards of £400), LSD Gearbox (Hoping to get one used for around £400), stereo stuff (£200) and general tidying up (£100) to do. And then eventually the plan next year would be to have an Independent throttle body setup thrown onto it (£1500

Now This might seem like loads to spend on a 21 year old car, but it is all of the work is going to be done gradually relatively slowly and given the fact that the end result will be my idea of the Perfect "Hot Hatch", I'm willing to pay it.
The problem is, I still want a barge

Looking at the classifieds, I can still get an E34 525i/530i V8/535i (my preferred barge) for absoultely peanuts. Having had a few in the family before, I'm confident that I can afford to Fix/Run one, I can afford insurance and I do really want one, but the issue now is the the 205 - Now that I've convinced myself to keep it I find myself not wanting to sell it and therefore bailing out on yet another failed project.
Equally I could always store it in the Lock up and work on it slowly, but I ask myself - What's the point? When it is finished I'm going to be unable to afford to insure two cars at the same time at my age, so I'll never use it. Of course I could look into the possibility of the purposed barge becoming a tow car, but I don't want the GTI to become a dedicated track car.
The other option would be to run an e34 during the "winter" months where driving a 80s Hatchbacks annoys the hell out of me (Oct - Mayish), then switch over my insurance to the GTI and run it for the few months of the year that I'll really enjoy it (May - Sept), but I cannot help but think two cars for someone who does 5000 miles a year may be a bit... pointless?
Thoughts guys?