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Originally Posted by bmussatti
Jim, but the guy put over $200K in the restoration project. You still think it will go for <$200K. Thaks for sharing the great photo!
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Hi,
Well, it underwent the restoration project 7 yrs. ago. And, it wasn't truly a restoration, it was a
modification to make it Street Legal.
In the world of collector cars, you usually only recover 1/3 of your restoration cost, which is why the wisdom is to buy an already restored car - it's cheaper than doing it yourself.
I suspect, given it's provenance, it was probably worth more if it had been left 'As Built'. Making it Street Legal probably negatively impacted it's value quite a bit...
Happy Motoring!... Jim'99