ThomasDodd wrote: I better add safety glasses and dust maskke to the supply list... another $10.
If there are dents to pull out (and subsequently holes to grind and bondo over), you'll need good thick leather gloves -- another $15-$20. In that case, in lieu of goggles I'd recommend a face shield. The goggles will protect the eyes, but a little frag of sheet metal could do some real damage to the chops. Still use the dust mask, though!
Also, if you ARE going to change the color of the paint, be sure you consider the paint inside the car -- will you change it, too? How will you mask everything? Will you have to remove the gauges? The seats? Just another aspect of this project to consider.
Also, remember that you'll have to remove or CAREFULLY mask (removal is better 95% of the time) any trim, lettering, head- and tail-light assemblies, mirrors, etc.
Doing a decent job at this is a LOT of work. If you LOVE the car (wow, I can actually hear Bloke and Chuck(G) scoffing at the idea of 'loving' a car) but hate the paint, this might be worth doing. If it's just a commodity, I'd say the same thing I've heard said to most people who want to make massive changes to a horn: sell it and buy what you want.
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Joe Baker, who did his first bondo work just a couple of months ago, and (after the fifth or sixth attempt) was pleased with the results.