Not Ranked
Build your own frame? Bad idea for reasons mentioned above.
And, if you have $50k for this project, you don't have to cut any corners, or open your toolbox, much less your welder. $50k can buy you a turn key, drive away, tax, title, tags, and out-the-door brand new '66 Cobra.
Some of the best deals are used cobras, and partially completed kits. Then your $50k will buy you a Cobra to build, and a shop/garage to build it in. Seriously.
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