Good question Rick. Assuming the bulk of the parts used in the restoration were not original (but genuine
) the cost of said parts would be a very small percentage of the cost.
I'm thinking the labor was in excess of a $100 an hour and the kind of detail speaks of LOT'S of man hours. So, assuming the parts were a 1/3rd, more likely a 1/4 or less, of the total cost, how many hours of labor at $100 an hour?
What IS the going rate for shops that restore classic cars, Cobra's in particular? I'm thinking a $100 an hour is to low. Perhaps $200 an hour? How about 1\3rd for parts? $100K for "genuine" parts? Hmmm, that's possible, engine could easily go $50K by itself.