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Comments
The Wheeler Dealers note is a good one. They don't make much profitt, and labor/parts hunting time is not included. I suspect if Edd billed his labor at even 10 quid/hour, they'd always come out upside down.
With cars of limited numbers, like an early Alfa Spider Veloce, you could justify it as historical preservation; also you could vintage race the thing, and get "payback" that way. That's a lot more fun that sitting in a lawn chair with 25 other Chevelles.
Or you might have an emotional attachment---the car you dated your wife with; or maybe you loved the movie "The Graduate" and it changed your life and you want to make a statement about that by restoring one of those Alfa boat tails.
So people will still do restorations but they're already thinking a lot more soberly than they did in the boom-boom 90s.
Made me think...I bet I could make my fintail one of the best for no more than 30K...good investment, eh? :shades: