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re: Classic Car Restorations
Posted on 10/17/23 at 2:39 pm to Kracka
Posted on 10/17/23 at 2:39 pm to Kracka
My pops is into Impalas. Has a 64 & a 65 maybe. I don't know exactly. One of them was a total restoration by someone else. Guy spent a fortune and took a bath selling it. That happens a lot with resto's. You'll put more $ into it than it's worth if you don't/can't do the work yourself.
2
Posted on 10/17/23 at 2:51 pm to PerplenGold
quote:
You'll put more $ into it than it's worth if you don't/can't do the work yourself.
You’re going to put more money into than it’s worth even if you do 100% of the work yourself.
If you’re doing it as an investment, don’t.
If you’re doing it because you love old cars and want to drive it/show it/ keep it forever, then go right ahead.
Posted on 10/17/23 at 9:45 pm to PerplenGold
quote:
That happens a lot with resto's. You'll put more $ into it than it's worth if you don't/can't do the work yourself.
It’s not an investment unless you’re young and keep it in storage and well maintained for 10+ years as it gains value. Even then it needs to be a rare or high demand classic.
Mostly it’s a hobby to have something to work on and fun to drive occasionally
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