Re: Hypothetical value question???
Mark,
I'll toss my opinion out.
I will answer from my personal point of view for buying a car to keep (not resell later).
Also cars in unrestored condition is easier to answer.
Also I am assuming since car type doesn't matter then neither will the dealer (certain dealer cars are verifyable by VIN).
If car #2 has verifiable restoration documentation I would consider it equal to #1, for ME. The type of restoration documentation that I mention would be a pictoral or video detail of the disassemble of the car showing the VIN specific parts during the process.
If car #3 was presented as having a "restoration" engine, I would view it to be worth about no more then $135K. About 10% less. If the whole drivetrain is "restoration" parts I would view it at about $75K (or %50) for certain cars.
If the car is going to be turned the documentation might have a higher influence.
Paper doesn't carry much weight for me when I am looking into buying a car. JMHO
Eric
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