Quote:
Originally Posted by usera
That isn't what decides what a car is worth. It doesn't make sense because you could by a 50K mile SC for the same money. A run of the mill 200K mile SC isn't worth $50K, even in these strange times we live in. Happy that the buyer got what they wanted and the seller got a nice price, but to me, that sale seems nuts.
I also doubt that the paint and interior were anywhere close to a $30K job.
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Very true. Never do these cheap project cars get top of the line restoration work. And never does each dollar spent on that work go directly towards the value of the car, that’s just the owner rationalizing the project as the money is being spent.