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You Car Guys Gotta Read This

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  • Super User

I agree with 38......I've had vintage cars and done some restoring as well.  The important fact is the owner is not ready to sell, if he was he'd probably take 20 or 30k, the car was treated like crap and not a valuable asset, wasn't even covered with a tarp.  I had MB's and Porsches, my German mechanic pointed out to me several cars he had totally restored, an example a 68 sl that someone put 80k to restore and it only raised the sale value to about $25,0000.  I'm driving down the street one day and I see this fantastic 65 Porsche speedster, I pull over to see it.  Talking to the guy he tells me he totally restored it to the tune of about 80K, yet market value was about 40............ I loved driving that car for a few years.

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