Re: '67 S3 coupe project - NJ USA
Posted: Wed Mar 23, 2016 5:32 pm
Hello Mark; Very well stated & I agree with many of the positions you have voiced & taken.S3FHC wrote:The adage "buy the best example you can find" is fine, assuming you can afford to buy the best example.
I'd say the adage "buy the best you can afford" is more accurate, given the rising prices at the moment.
Not every potential Elan owner has the luxury of being able to pick the very best and may have to buy whatever their budget permits, then renovate the car as and when they can afford the time & money.
Cars are continually being dragged from garages ("barn finds") after years of neglect, then restored at great expense, with little consideration to their "investment" accepting that the costs will exceed the end value.
It's a good thing that there are these enthusiasts who are prepared to restore cars despite the end value NOT covering the expense invested in it, otherwise these cars would remain neglected or lost forever.
Many enthusiasts will restore a car with the intention of keeping it and, if they are lucky, perhaps see its value creep up over time. If they are very fortunate, they may have chosen a particular marque or model of vehicle that is worth more that the costs of its restoration once completed.
No dealer in his right mind would do what an enthusiast would as they would go bust unless they've either:
a) been given the car b) bodge the work required c) found something very sought-after and valuable.
Mark
As I too, also relish & find a great degree of personal satisfaction & accomplishment in resurrecting a car, that being stated in this specific example of the car being discussed, the "enthusiast" doing the restoration would have to possess tremendous body work skills JUST to complete the butchered up wheel wells to a satisfactory level of acceptance, then there's the issue of the missing drivetrain, which eliminates the coveted "Matching Numbers Drive Train" aspect.
My point of contention is this..."If" an "enthusiast" had the necessary skills to restore this Elan, I believe the "enthusiast" would start with a MUCH BETTER example with which to utilize their Very Impressive list of skills...Mark