- Local time
- 1:04 AM
- Mar 4, 2014
- Reaction score
- jaffray, B.C. Canada
At THIS current presenting juncture of economic fundamentals .... where 'costs' of money are rising substantially, imo, the above represents pretty sound advice.Finished, they go anywhere between 150-200K. Put together a rough restoration cost, then add 40%. Then, subtract that total figure from 175K (middle average price of a finished car) & that's what you should buy it for.
I would suggest restoration costs, ongoing supply chain constraints and quickly skyrocketing Labor imputs .... and depending upon numbers/rarity of the candidate.... have all but gutted "project" vehicle valuations unless finished they are representing the epitome of the genre.
Non-numbers, missing documentation/Fender Tag/B-Sheet etc., etc., all detract.
$50K base requiring restoration... and then move up according to what noted above is present to collectibility/resale valuation upon completion.