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
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.
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:
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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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.
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.
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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