David et al,
With all due respect to the more knowledgable on the list, anything is worth
what the buyer is willing to pay. Not to beat a dead horse but this old
adage is quite true. I don't disagree with the figures that you and Mike
are tossing around. However, just because you put 90000 into the project
does not mean that there is a buyer out there willing to give you that
90000!
Sure you could set on it until that buyer comes along, but that may not
happen. I would be curious to know how many of the rods and restored old
cars did not go for the money the builders had in them.
Keith Pennell
> > That may be, but Healeys aren't worth $90,000. and just because it might
take
> > $90,000 to build one to "concours" (better than factory) standards
doesn't
> > make it so.
> >
> > I love Healeys but anyone parting with that kind of money to acquire one
> > either knows nothing about the cars or money is merely not a factor in
the
> > purchase. Or put in simple terms, the guy's a nutcase.
>
> Why not 90,000.00
> 1000 hours is not restoring to concours. You could add at least another
500
> hours if you were to go to concours.
>
> David Nock
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