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unfortunately these cars , like most/all? , colector cars are easy to buy and hard to sell. pricing is difficult, especially in these times when economy is tough and 'toys' ( boats, unique cars, planes etc) become a financial burden and are listed for sale in droves with cash hungry (need it now ) folks taking lower offers when selling for personal financial constraint reasons.
hopefully for you the spring market will show some economic recovery and the typical seasonal upturn in sales..and hopefully any other high end replica cars have seen a resurgence in increased pricing/sales so that you can benefit from that too..for comp purposes.
in my restoration days of mustangs and thunderbirds i have found that restorer number one can expect to lose 25-35% of his investment on the resale. buyer #2 is the winner, usually able to drive that same car for 1-3yrs and recover his investment, sometimes making money. a 57 bird can cost 60k for a concours resto and be worth 45-50k the day it is done. likewise , your 100k will not be recovered...so be prepared to write off to a portion of it to a fun experience. how much will you lose :? who knows..but you are better off asking the 'how much should i ask for it' question in the spring.
so many folks go hog wild on their builds, or other car restorations, reaching a point of no return,and then continuing forward to completion ...they just need to know that they will take the hit, and the next buyer benefits.
moral to the story...want to minimize your losses, be the second buyer and break even or come out ahead. want to minimize your losses, buy a roller with a fixed engine intsall budget and know what your bottom line is going in. want to take a chance...build your own car, restore an old bird or mustang...and lose track of the dollars totally spent, then add it up when done. then have a trained medic on hand to bring you back to life when reality sets in...now, if the dollar loss doesnt bother ya, then go for it..otherwise, bend over..
great car, great magazine article..and pray the spring market brings improved economy and resale values...or be prepared for a big price hit .
build another car ? lord love ya....wish i had that kind of money...might be better to keep what ya got or be buyer number two on what ya want instead of building it yourself. your personal satisfaction in 'the build' will cost you more money after this car and the next one than i have...
just my $.02 worth, after having taken a big bath on a few restos in my time, but loved every minute of it ( i think). good luck to ya...bill.
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