Andrew Mace said:
YankeeTR said:
...The '59 DeSoto was restored in the same shop. It took a year from an original, super-low mileage original (3,200 miles, I think) to the record-breaking (for a DeSoto) $285,000 car....
There's pretty much nothing in this hobby that irritates me more than hearing about something like that. Short of it being dug it out of an oceanside beach, what could possibly be so bad about such a low-mileage original that someone would destroy pretty much every trace of that originality by "restoring" it? /bcforum/images/%%GRAEMLIN_URL%%/mad.gif
Andrew,
I understand your point...however if you had a chance to turn your Herald into a $200,000 seller for a $50K investment in only one year I would think you would probably take advantage of that, wouldn't you?
I understand that more and more of these cars are being built just for the B-J auction...but really, when you see these cars in person and get a chance to see the incredible detail that has gone into the resto, it's hard NOT to be impressed.
Back in the late 80's one of my customers paid $1,000,000 for a '39 MB 540K Special Roadster...he spent another $1,000,000 doing the restoration. When it was done he showed it and then sold it for a reported $3,000,000.
Not a bad profit...and it's currently back in Europe on display in a museum, I've been told.
I really prefer original cars and survivors rather than ANY restoration... but people over-restore houses, too....