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Surely it can't be worth that much?

Posted: Wed Feb 27, 2008 3:51 pm
by jonat127
Blimey, £75k seems a massive price even for a perfect car.
http://www.terencemorleyclassiccars.co.uk/page1.php
Mind you, if it sells I might be in the market for a restoration project I could sell on!
Jon

Posted: Wed Feb 27, 2008 4:15 pm
by Hendrik Moulds
Nah, that's pretty normal nowadays. Assuming it is a nice one.
You'll be lucky to find a project worth taking on though. :wink:

Posted: Wed Feb 27, 2008 6:17 pm
by higs356
Them there resto projects always cost more to do than first thought ...especially if you want a really good car at the end

Mine had been stored and had everything original on it and still does except for those bits rusted away

Its the little things that cost a lot like the original glass rear reflectors instead of the plastic repros ... pounds and pounds and pounds and allof a sudden you are up to £75K

Only makes sense on an open car or a rare car and probably not even on a cab but time will tell

Posted: Fri Feb 29, 2008 8:33 pm
by The G man
Buying the car to start with £15K
Strip and get ready for acid dipping 60 hours work @£50 per hour = £3K
Transport to dippers, dipping cost and collection £1.6K
Body repairs and pre fit of parts to get correct fit and painting = £30K
Rebuild engine including dynamo,dizzy,carbs,tin wear,exhaust ETC = £10K
Rebuild gearbox, axle tubes, rear brakes ETC = £2k (brake drums are now NLA and were £620 each +VAT !!) :shock:
Sound deadening kit = £1K
Wiring loom (new) or repair old = £1K
Front suspension, steering including box and brakes = £2K
Reassembly of car = 400 to 500 hours @£50 per hour = £25K
All the parts you have to buy new, like windscreen, windscreen seal, master cylinder, tail-lights, door seals ETC ETC = £12K
What about stuff like re-chroming door handles, finding a decent bonnet handle, badges, MOT, registration ETC = £10K

Total = £112,600.00

Yes it is worth every penny :lol:

If you cut corners on restoration it will be cheaper but some of us out here can tell from 100 yards :wink:

Posted: Sat Mar 01, 2008 9:28 am
by rocket280
You could apply a lot of these costs to any resto, like metal fabrication paint etc. if for example you were to use a mk 1 escort as a base car would it make the final result worth 50 k plus. No.

Posted: Sat Mar 01, 2008 4:43 pm
by The G man
Very few cars are financially worth restoring.

A car is ultimately only worth what someone is perpared to pay for it