Barnyard Find
05-29-2017, 11:27 AM
#17
Burning Brakes
Summarizing this thread and the one over on the early Esses site, thus far, there is nothing special about this car except that it is a somewhat early (1965) survivor. But not very early. Realistically, assuming matching numbers, the car is worth maybe $200,000 restored to top standards by a specialist. It will take maybe $125,000 to get it there, and perhaps two years. So, the differential is about $75,000. As a pure investment, say you pay $50,000 for it; is it worth a few years of substantial time and trouble to make maybe $25,000, tops? Unless this is something you want to do as a hobby? Your other choice is to buy it and flip it quickly to somebody who wants to restore it and drive it for their own purposes, maybe making $10,000 or so on the quick flip. Or figure out a way to broker the sale to somebody else. Or walk away. Those basically are your choices.
Last edited by raspritz; 05-29-2017 at 11:55 AM.
05-29-2017, 12:48 PM
#18
Instructor
Summarizing this thread and the one over on the early Esses site, thus far, there is nothing special about this car except that it is a somewhat early (1965) survivor. But not very early. Realistically, assuming matching numbers, the car is worth maybe $200,000 restored to top standards by a specialist. It will take maybe $125,000 to get it there, and perhaps two years. So, the differential is about $75,000. As a pure investment, say you pay $50,000 for it; is it worth a few years of substantial time and trouble to make maybe $25,000, tops? Unless this is something you want to do as a hobby? Your other choice is to buy it and flip it quickly to somebody who wants to restore it and drive it for their own purposes, maybe making $10,000 or so on the quick flip. Or figure out a way to broker the sale to somebody else. Or walk away. Those basically are your choices.
05-31-2017, 10:37 PM
#26
Nordschleife Master
Well done. This was one not to let go by.
Where are you? I have refrained from suggesting a restoration shop because of location.
And what is your skill set/ interest in doing parts if the restoration?
Where are you? I have refrained from suggesting a restoration shop because of location.
And what is your skill set/ interest in doing parts if the restoration?
06-01-2017, 12:21 AM
#27
SJW, a Carin' kinda guy
Rennlist Member
Rennlist Member
Congrats!
I knew you would.
Having been down the road you are going, take 1000 pictures of it now, take 1000 after you clean it, buy 1000 zip lock bags, and label absolutely everything that comes off it and never throw anything out.
I knew you would.
Having been down the road you are going, take 1000 pictures of it now, take 1000 after you clean it, buy 1000 zip lock bags, and label absolutely everything that comes off it and never throw anything out.
06-01-2017, 11:02 AM
#28
Team Owner
Forget the restoration bs. Just get her on the road and drive it. There is a beater long hood around town here. It gets more curious onlookers than any other car.
