Originally posted by flyboyx
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For instance, have a look at some pics of my car when I pulled it out of the barn.
Looks like it could have a ton of rust... Well, this is what was under that.
There was no actual rust under it. The bondo absorbed water, caused some minor surface rust (all the dark spots in the bare metal trunk surface) and it popped the paint. Now, I'm I sure this is what we were seeing on the Veloce in the pics? No. An optimistic maybe.
Have a look here, yes its an older review of SVs that have been for sale, but even a couple years ago, they were bringing big $ for projects, and really big $ for restored cars. Have a look here and this will give you a good idea of what they are worth in Europe, now.
My original links didn't work so I will try and link directly.
This poor thing got the snot kicked out of it, 22.800 Euros, about $25600 US. Its not even a Veloce.
http://www.finecars.cc/en/detail/car...cache=1&ret=63 (not sure this link will work)
Now to the other end of the spectrum... A 101 Veloce, 89K euro, a tick under $100k US.
I'm thinking I will be about $20-25K into my car when its all said and done. Perhaps less, hard to say. The bodywork is going to be about $6K, I'd wager the paint will be about the same. Rubber grommets ect, $1000, Chrome, $1000 (just guessing) new suspension, $1k, Wheels, hard to say, but I should buget $1k, Interior, $1300 depending on how correct I actually make it (I'm thinking I'm going to use race seats rather than recover the stock ones. I want more support out of the seats and I'm not going to get it with the stock ones.) In the grand scheme of things, yes its a ton of $, but I'm still ahead in the long run. The value of the car is going up, and I'm looking at it as a long term investment. Hell, I dropped over $50K on my Datsun over the past 16 years. Any way I look at it, rebuilding the Sprint will be a good investment, especially when you consider the enjoyment I will get out of the car once its running. I'm not looking to part with it till I'm ready to retire, at that point the car should be worth big $ as long as I take care of it.
Will
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