Join Date: Jul 2013
Thanked 14 Times in 13 Posts
Rep Power: 4
Re: Fiberglass ..classic??
About love, not money. In addition to boats I have an affinity for old cars. Mostly Lincolns and Mercurys from the sixties. The convertibles from this era are worth buying and restoring. Anything with a metal roof is usually not worth the cost to restore. Recently cruising around not far from home I saw a 61 Lincoln 4 door sedan for sale. They wanted 10k for it. The problem is it needs a 20 to 30k total resto to make it into something. While it runs starts drives it's not even in daily driver condition today. Probably close to 10k just to get it there. Even if this car was given away for free, financially it's a loser. On it's best day restored to number 2 condition its a $15k car. The conv version could be a 100k car, and a solid 2, 61 conv could easily bring 40 to 50k. But not so for the sedan.
So just like old boats, bringing back these old cars , it's about love, not money.
Last edited by TJC45; 09-13-2013 at 07:04 PM.