Hey Guys,
Don't mean to hijack this thread but I think you all know I'm looking for a GT/CS project (and asking lots of questions here on the forum!). I'm looking at all possible cars regardless of condition, drive train combination, options, color or location. I have been contacted or reached out to several different cars so far. Some not too bad, some pretty rough. I'm not afraid to take on either, provided the price reflects the condition. However, I'm finding a few are selling/pricing by "potential worth" once restoration is complete (and I am certainly not referring to this particular car when I say that). But I've found cars needing complete floors and trunk, quarter panels and front fenders with an asking price of $10K or better. I've also found a couple of pretty basic cars with zero options, no motor or trans priced fairly high as well. I realize there is a limited number of GT/CS cars available so that could reflect the abnormally high pricing for some of these projects, but spending $10K and then adding to that another $10K in restoration work makes an already finished car at $15 to $20K look pretty attractive. The trick is finding the break point between purchase price, condition, drive train, options, and post-purchase investment.
Just my opinion. :wink:
Greg