Quote:
Originally Posted by ficke
It seems to becoming really obvious that people are realizing how much money it takes to take a car with needs to a nice car, 20k engine rebuilds, 10k paint jobs, etc.
So really nice cars with no needs are continuing to rise and people are paying up front for those cars.
Cars with needs are languishing or falling.
The market has gotten smarter and not just buying anything air cooled.
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This is a good point. I bought a '79 in May I am restoring. I love doing the work myself but ultimately my end product will have substantially more in it that it is worth. I am ok with that. However I could have very easily spent substantially more up front for a done vehicle that will reasonably maintain its value vs what I am doing where I will end up 10,20, maybe 30k in the hole.
From a purely financial perspective I made the wrong choice but I put value in the experience and fun of building it just how I like it so it is all good.