Quote:
Originally Posted by BRENT in 10-uh-C
The market is not really a mess IMHO. I can make a great a argument that it is 'Restorers' that have brought this amongst themselves. Frugality and a 'half-ass' approach to restoration by many has caused the "restored" cars to be known as unreliable and undesirable. Financial expectations are unrealistic for many hobbyists.
Your second comment makes me just shake my head. The mentality that something must be worth more than what someone spent on it is absurd, ...especially in this hobby. So given those two examples, why is there a mindset to not spend more than it is worth? . THIS in a nutshell is what has killed this hobby.
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Anything should be worth the investment when it's finished, or at least somewhat close to it. Why spend $30k to restore a car worth maybe $10k after it sits a couple years? The vast majority of enthusiasts don't have that kind of disposable income and very, very few can take car of the car well enough to keep it from aging poorly.