Quote:
Originally Posted by SS427
Thanks Lee. That puts a whole new spin on things. Even if I can buy it right I would be upside down on a restoration in short order.
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This should be a BIG RED FLAG to many. A higher the average value car, missing some major components, guy has a restoration company, and will STILL BE UPSIDE DOWN if he bought it.
Not sure what it would actually be worth when completed missing the original motor? What would someone expect for a hit like that, $10,000.00 or $20,000.00?? So would the valve be $125,000.00? I could see getting the car bought right and Rick using it as a filler here and there and invest say 5 yrs to restore it. But as a main restoration to be done correct in a timely manner?
I know many are upside down on restos, so one must be known that upfront that is one is a labour of love and will be a money loser.
Sucks but that is the way I see it. Sorry, John