Quote:
Originally Posted by ronn
bottom line Brent- do you not think this was cheap money for an A400?
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Well I appreciate the compliment on the other, ....or I think I do!
Honestly, I think the car probably brought a little more than it is worth. Maybe if I could have test driven it, my mind might have changed a little but I suspect it was a poor restoration where it is going to need another $5k worth of parts and a 100+ hours of "fixin' stuff". Then, add to the price of a rebuilt engine that you can trust, and I think when you add-in another $5k-$10k to the above mentioned stuff, you find you are approaching a total investment of $30k-$40k. You still have a car with failing paint and a cheap interior. I think $35k-$40k would buy a really nice Convertible Sedan in the #3, -or even #2 condition.
As for prices of Model-As rising, ...I think it is the nicer cars that have a quality restoration (-not necessarily a pro resto but a nice & thorough amateur resto) are the ones that are on the rise. Too much junk out there just like this car we are speaking about that people have started to realize that once they buy it it still needs lots of work to be reliable.