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« Reply #1 on: June 30, 2004, 12:24:57 AM » |
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Well, this has been kicked around a bit lately. The official line on any old car, car-part or accessory is:
"it's worth what someone will pay for it"
However, to answer your question I don't think on the face of it the price being asked is extravagant, although it all depends on the quality of the restoration.
Look at it this way: you couldn't do a ground-up full restoration yourself for less, even if you had a perfectly rust-free and straight vehicle to begin with. (Which doesn't exist, BTW).
A full respray costs $5000+, a full set of body rubbers about $1200. By the time you get the body rust repaired and straight, get the interior up to scratch (ie $1000 for repro floor coverings, front, back and boot) plus whatever the seats and trim require, you could spend $10,000 without even trying. And that's excluding the original purchase price of the unrestored car.
Of course, as I said at the beginning, the quality of the restoration is paramount. You can bodgy up a car for less than $10K. If you are not in a position to evaluate the quality of the work, get in contact with your local FE-FC Club. They may even know the car in question.
Hope that helps,
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