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so I am watching a car show on TV the other day, a guy brings in his 77 corvette to get a total restore done. the owner or the shop says why would you want to restore a C3 corvette. the quote i believe was you can sink 100,000 dollars into a C3 and you would still only have a car worth 20,000. seemed a bit harsh to me. so being a C3 owner myself and wanting my car to look better then it is, so as i can drive it more and enjoy it better just hit me kinda wrong. like is it really worth it or not to put money into a car like a C3. i have two actually one that i will never sell and one that i might in the future sell. so do i put money into the one or the other.
You have to be wealthy enough to not even think about the cost if you are going to take a car to a shop and say complete restoration. And people that wealthy aren't stupid with their money. If they are gonna spend 6 digits on a car, it will be worth more than the resto costs when done.
...you can sink 100,000 dollars into a C3 and you would still only have a car worth 20,000. seemed a bit harsh to me...
May have sounded harsh, but there are folks who over spend on a restoration, especially when not doing any of the work themselves. It is not impossible to end up spending more on a car than it's actually worth.
May have sounded harsh, but there are folks who over spend on a restoration, especially when not doing any of the work themselves. It is not impossible to end up spending more on a car than it's actually worth.
so i have a 73 coupe i got it for 10,000 i have already put 10,000 into all new interior and paint. it still needs front suspension and rear suspension up grades and more then likely all new body mounts. so you can figure around another 10 to 15 thousand in those fixes. that puts the car at roughly 35,000 and the market says its only worth around 25,000 above average looking. so then its not worth it to put that kinda of money into it unless its worth it to me.
so i have a 73 coupe i got it for 10,000 i have already put 10,000 into all new interior and paint. it still needs front suspension and rear suspension up grades and more then likely all new body mounts. so you can figure around another 10 to 15 thousand in those fixes. that puts the car at roughly 35,000 and the market says its only worth around 25,000 above average looking. so then its not worth it to put that kinda of money into it unless its worth it to me.
Is the car on the right in your avatar "steel blue? What year? 75 by chance? The picture is too small to see clearly.
so I am watching a car show on TV the other day, a guy brings in his 77 corvette to get a total restore done. the owner or the shop says why would you want to restore a C3 corvette. the quote i believe was you can sink 100,000 dollars into a C3 and you would still only have a car worth 20,000. seemed a bit harsh to me. so being a C3 owner myself and wanting my car to look better then it is, so as i can drive it more and enjoy it better just hit me kinda wrong. like is it really worth it or not to put money into a car like a C3. i have two actually one that i will never sell and one that i might in the future sell. so do i put money into the one or the other.
The car was his father's. Thats the only reason he wanted it restored. If its the same show I'm thinking, Dan always tell the truth up front so there is no big surprise.
The car was his father's. Thats the only reason he wanted it restored. If its the same show I'm thinking, Dan always tell the truth up front so there is no big surprise.
yes it was that show and i love watching the show, and i agree that car had a special place in the owners life. and it did not matter on price. i think all C3 owners have one, for a reason whether its the looks of a C3 or the time period they came from. i do a lot of work myself on my cars to save on cost just not sure about lifting the body on mine to replace the body mounts myself, so that will cost me i guess.
Well, then it will be a labor of love and $$$. We dump money on new cars that don't hold their value. A piece of family memorabilia is worth significant 'change', I would think.
yes it was that show and i love watching the show, and i agree that car had a special place in the owners life. and it did not matter on price. i think all C3 owners have one, for a reason whether its the looks of a C3 or the time period they came from. i do a lot of work myself on my cars to save on cost just not sure about lifting the body on mine to replace the body mounts myself, so that will cost me i guess.
scott
Rookie here: You only need to raise the body 6" or more to replace body mounts. I cut wooden blocks to fit into the body "slot" where it normally would rest on the frame......and supported the nose and tail while lifting in 1" increments to prevent stress cracks. You can go higher if you wish.
May have sounded harsh, but there are folks who over spend on a restoration, especially when not doing any of the work themselves. It is not impossible to end up spending more on a car than it's actually worth.
I watched this show!
There were quite some cases where the guy told their customers the straight forward way that it will cost this and this but the customer still went through with the restoration.
Their money, their decision!