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Matt Monson Matt Monson is online now
gearhead
 
Join Date: Nov 2007
Location: Loverland, CO
Posts: 23,652
We saw this on the 356 market and more recently on the 901/longnose cars. On both vehicles there was a period where they cost more to restore than they were worth. A good original restoration quality parts started to dry up and get more rare, the price of those parts went up accordingly. That in turn pulled up the value of all restored or nice original cars.

People who restored early and had been $10-15k upside down on the car but had owned it for 5-10 years now stood to make a nice little profit if they ever wanted to sell.

Some may think I'm of my nut but I am doing something similar with my 912. Anything that is nice and getting hard to find I am removing and putting in a time capsule. I am also buying other things it needs but not putting them on the car today.

For today it is a sort of sport purposes rat rod while I go through the mechanical. Appbix carpets, RS doorcards, harnesses and seats. Then I am going through every bushing in the chassis along with brakes, suspension, etc.

It has a 50ft paint job. After I drive it for half a dozen years, it will come all the way down, bare metal paint back to original color and correct interior.

The key is my agenda is not to make a buck. It is because I want to own a really nice 901 for the rest of my life. It is the only way I can see getting there.

I know this sounds a little off topic but mention for those readers sitting here thinking about a $10k '75 that over the next 5 years they might spend another $10k on. What I am saying is I believe that even that car will be $20k+ 5years from now and you won't be deep in some hole if you ever want out and will have had 5 years of pleasure in the meantime.
Old 05-15-2013, 01:59 PM
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