From a financial point of view, how much is the car worth after all expenses?
If an Alpine is worth $5,000 fully restored, then spending $5,000 for body work,
added to the purchase price, means you can never recover your cost if the car is
sold. The other side of the coin is the emotional worth of the car to you. If
you really like Alpines then money is not an issue.
I know someone who has a Boss 429 Mustang that needs substantial engine and
bodywork done. Very expensive to restore. However, when the Mustang is
completed, Boss 429 Mustangs sell in the upper $30,000 range according to
Hemmings. In this case, my friend can spend a lot of money and still have a
great chance of recovering his investment if the Mustang is ever sold. So I tell
him, 'Hey, its only money and you can sell it when the kids go to college'. Of
course his wife thinks he's nuts for spending that amount of money on the car.
Jeff
______________________________ Reply Separator _________________________________
Subject: Series V and III
Author: "Chris Stephenson" <cstephenson(at)dttus.com> at INTERNET
Date: 6/23/97 3:07 PM
I FINALLY got the Series V V6 back on the road. I still prefer the
Alpine III - more refined, but it needs to come off the road sometime
for a restoration. It has significant rust.
I would like to solicit comments on how much is too much when
restoring a body? I am doing all the other work myself and am willing
to spend in the $4,000 to $5,000 range for the welding, etc. in the
'98 time frame. I know that the rockers are gone as are the bottom of
the wheel arches. Also, I have uneven gaps in the right door
indicating that the X member is weak. Any benchmarks out there?
Chris Stephenson
Atlanta
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