Quote:
Originally Posted by theHIGHLANDER
Wow, it's 1993 all over again? Back then most every collector car publication declared those having or doing restorations as being stupid (yes, some articles even used the word stupid). Since when did we all become dealers looking to turn a profit? Since when is the cost to "get there from here" considered the end-all do-all? I guess it's perfectly acceptable to buy a new Bentley at something over $200K, only to have it be worth $90-100K 5 years and less than 20K miles later. Boys n girls, we're dealing with a finite resource here. This isn't like oil or gold with vast amounts yet to be harvested. Even though some provide a service to find/buy/sell this stuff to end users, that's not everyone. At the end of the day these are indeed tangible assets that require the desire and discipline to get them done, far exceeding the general personal transportation industry. If it is truly stupid to restore cars then I must be associating with genuine Neanderthals. Totally ignorant dumb bastards for the work they have me do. Do we really think this is the case? I don't, I never have, I never will. If you want to play "American Picker" then go right ahead and I wish you luck. If you want to declare the other side of this as some ignorant folly, well maybe my glutes have a kiss coming.
Trust me, I'm being as nice and charitable as I can be on this topic. Y'all might ban me for saying it like I really want to. And I think that Vicky is probably worth a low of $7K or a high of $10K. I'm sure the Frank and Mike set would declare 1/2 of that but I'll stand pat with those figures.
|
I have a simple answer to your long winded screed against buying a finished car. It's simply called age. Most of us that relate to old V-8's are 65 or over. We have a limited time on the planet and maybe limited funds. At this point in our lives do we want to spend 5-7 years and gobs of money on a project or do we buy a finished car and enjoy the fun of driving it now? Do we leave a bunch of projects to the widow that she can't sell or do we leave her driveable cars she can sell immediately? There's very few kids waiting in line to buy V-8 project cars, and most young people have no interest in them .They are looking at a used Honda with a big stereo.
It's sound advice to the first time buyer to get finished car. I give this advice frequently to new people to the hobby as most are over 65 and have no idea of the related COSTS and TIME to build a project. Everyone can make the decision for themselves, but I would rather be driving my finished V-8 than sitting at home for several years with a project and wishing I was out on a tour with my friends. BTW the cars I have were once my projects, but now they are finished and I have no desire to start anything new at this age.