classic car restoration

[MrBern]

This 1938 Talbot-Lago T23 Figoni & Falaschi Coupe was turned into a show car.

full story
http://www.nytimes.com/2008/08/17/automobiles/collectibles/17RESTO.html

 

[StraightEight]

There are a handful of cars for which the costs of a full $150,000 restoration can be recovered, but for 95 percent of old cars, it's a money-loser.

 

[Nash Buckingham]

I always thought that unless you are in the restoration business, you don't restore a car for profit motive - it's the love of the artwork - perhaps it will appreciate in value to recover expenditures, but usually if I was even close to even I was happy. Albeit, a good friend of mine had a nack of finding rarities in the junk yard and doing much of the work himself made a nice buck on some of his cars.

there is nothing sweeter that a 12 cylinder Packard or Pierce Arrow or Dues purring by!

 

[MPicciotto]

Lots of classics rotting away around where I live. I have seriously though about going into business buying them off of the folks who have abandoned them and then selling the cars to people who want to restore them. Not selling parts or pieces, not restoring. Just selling the cars whole.

Matt