Restoring Cars

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Originally Posted by Mick_Marsh

Stop stirring up ****.
How many classic cars have you restored at a profit? What hourly rate did you make on your time put into these projects?

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None, I don't have the 20-30k needed to buy a basket case/barn find that would sell for over 100 once restored. But I've spent my whole life helping and watching it happen in my own home. I've helped restore 4 cars now. (Youngest being 1918).

I'd say I've got more experience with veteran cars than you...

Even early 80" Land Rovers are profitable to restore, but anything from the 'meh era' (think your usually series vehicles and Holden's and all that crap) is just a valueless money pit.

There's got to be a lot of rarity to it, but it can be done. That was my point.

Who puts a dollar figure on hobby time? Still making more money than if you were spending it at the pub...

Cheers
Will

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Originally Posted by MR LR

I'd say I've got more experience with veteran cars than you...

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Rather bold statement there.

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Originally Posted by 1950landy

I read some were that the switch in the cat plays up & won't make the vehicle run hot to burn out the carbon in the cat so by locking it in 2nd the exhaust runs hot and cleans it out . Lasts about than it starts hunting again. Now its out of warrinty & I take to a non Citroen garage & fit non genuine parts where available the car is getting better. When I took it in for its last service before it ran out of warrinty the list was around 30 items long, the dealer didn't want to do warrinty work & most of the problems have been fixed by the new garage. But will never buy a Citroen again just like the the VB it was the last Holden product I have bought after always buying GM products as a main vehicle iI think 6 holdens before the VB.Wayne

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Mate ... try aussiefrogs.com - French Car enthusiasts site for Australia Since 1999 - Citroen Peugeot Renault - aussiefrogs.com & Froggy Forum! ... No-one else here will be interested in this stuff!

seeya,
Shane L.

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Originally Posted by MR LR

None, I don't have the 20-30k needed to buy a basket case/barn find that would sell for over 100 once restored. But I've spent my whole life helping and watching it happen in my own home. I've helped restore 4 cars now. (Youngest being 1918).

I'd say I've got more experience with veteran cars than you...

Even early 80" Land Rovers are profitable to restore, but anything from the 'meh era' (think your usually series vehicles and Holden's and all that crap) is just a valueless money pit.

There's got to be a lot of rarity to it, but it can be done. That was my point.

Who puts a dollar figure on hobby time? Still making more money than if you were spending it at the pub...

Cheers
Will

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I'd be intersted to know what veteran car is worth $100+K once restored. it would have to be an incredibly rare, very difficult to find parts for vehicle. Can you post some photos of them ?? Dunno about anyone else, but I've probably never heard of or seen one if there worth that sort of coin.

It can be done, but it would be a very liimited market.

Here's a company that imports tidy/clean LHD cars from America, and restores them to sell with a "new car" like warranty. Hows $80,000+ for a car you can buy in very good condition for half that ........ They'd almost need pre-payment then buidl the car .... 'cos I can't see the cashed up poeple that'll spend that sort of $$$ on an old car

Citroen SM Australia

This is the detail of there restorations:

http://www.citroensmaustralia.com/images/front/02.jpg

Imagine the hours just gone into polishing those poorly made sand cast alloy engine parts/blocks/heads/rocker covers.

seeya,
Shane L.

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Originally Posted by Mick_Marsh

Rather bold statement there.

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the lads a tad full of himself amongst other things it seems...

How many are parked in your garage Mick...? I've never heard you mention them before...

100k is actually quite low for veterans, Rolls Royce Silver ghosts go for over a million, twin cylinder Renaults people are paying 60k for these days, the Yanks will pay big money for anything with big cubes that goes, raceabouts are highly sought after.

Here's two of the cars in our garage.

1909 SCAT and the 1918 Crossley, also a Delahaye Type 43 and a 1905 Rover 6hp, there was a 1914 4cyl Renault and a 1907 ITALA but they have been sold. Don't have any easy to get pics of them while I'm at work.

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Originally Posted by incisor

the lads a tad full of himself amongst other things it seems...

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Quite happy to back down if people are willing to prove me wrong, but if they're just going to discriminate based on age then they (and you) have no point whatsoever.

Do some research, there's companies all around the world making money restoring and selling cars themselves, nothing I've said is wildly unusual.

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Originally Posted by MR LR

1909 SCAT and the 1918 Crossley, also a Delahaye Type 43 and a 1905 Rover 6hp, there was a 1914 4cyl Renault and a 1907 ITALA but they have been sold. Don't have any easy to get pics of them while I'm at work.

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That's lovely ... I've seen that 1914 Renault.... at french car events.

Renault ED. Original Car. with a spare engine For Sale (1914) on Car And Classic UK [C511426]

I had no idea it was worth so much money ( I would have imagined around $10k in value)... That market has got to crash. In 15years when all the "old people" that remember those sort of vehicles have passed away .... How can something without a name like "bugatti" or "Delahaye" be worth silly money.

Seriously would you pay anything for an old Reno ?? Crazy.

Edit: God damn unbelievable ... look at this one ...
http://www.carandclassic.co.uk/car/C51166

OMG ... if I ever stumble across an pre-1920's era Renault .... I'm grabbing it. The Citroens from that era are worth sweet FA.

seeya,
Shane L.

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Originally Posted by incisor

the lads a tad full of himself amongst other things it seems...

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And the guy is a comedian too.

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Originally Posted by MR LR

How many are parked in your garage Mick...? I've never heard you mention them before...

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