Project Cars--You Get to Vote on "Hold 'em or Fold 'em"

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  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Gullwings cost more, but the Roadster is much better to drive. Figure $550K for a decent Gullwing but not a restored one.

    300SLs are a scary restoration. You can get a lot of repo parts, but you are still dealing with a tubular frame, a rust-bucket type of body and all kinds of tricky fitment issues. You could buy entire American old cars for the prices on some of the 300SL trim pieces.

    And you can't drive these cars slowly either. If you try to putt around town at 2,000 rpms to "save" the engine, you'll end up once a week on a flatbed truck with fouled spark plugs. They like to be revved and driven hard and FAST.

    These are old cars but they will still do 130--140 mph on a good day.
    They were the supercar of their day and very refined and civilized to boot.
  • fintailfintail Member Posts: 58,655
    I take it these things have continued to appreciate over the past 5 years. I swear I remember when you could get them for a lot less.

    That must be an issue with the old mechanical fuel injection...even my fintail will kind of miss and complain if you just loaf around...and on the other hand, it will rev up and go pretty much as hard as you demand with little complaint other than some black smoke.

    Now here's a pretty 300SL roadster ...spend the money on this rather than one that will easily eat up 100K+ in renovation costs...and I even like the color....I can drool over this one.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    There you go--- a nice one selling for around $400K--$425K---as opposed to buying that rotted out old wreck for $300K ++

    I mean, we can all do the math here.

    The old mechanical injection runs rich at low speeds--that's the issue.
  • boomchekboomchek Member Posts: 5,516
    So would a resto on that Benz run in the $200k range? How long does it take to restore it, assuming you have all the needed parts, and trim pieces? Just curious.

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  • oregonboyoregonboy Member Posts: 1,650
    Yep, that's a beauty, for sure! But I had to laugh when I saw the 1980's "Proton" cassette stereo!!! Good grief, if they couldn't find a correct unit for the car (did 300SLs even have radios?), they could have stuck in a decent modern unit. :shades:
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    With a car like that, the general rule, which I have seen posted in the office of one of the Bay Area's premier restoration shops (they win trophies all the time):

    "It will cost a fortune and it will take forever. What else would you like to know?"
  • boomchekboomchek Member Posts: 5,516
    "It will cost a fortune and it will take forever. What else would you like to know?"

    Well that's reassuring to know. :surprise:

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  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Well you're talking about what is basically highly skilled, custom, hand-made labor...artisan quality work. You can't order a part and bolt in on, like with a Mustang. It might take 40 hours to make a 300SL fender fit on the car you are restoring. So 40 hours X $150 an hour = ???

    You just can't budget for these cars, is the point I think of the sign on the wall.

    The prices you see for these cars presume a high level of correctness and workmanship. Nobody wants a botched-up 300SL. Collectors will not touch them. A $25,000 paint job would not be uncommon, maybe even cheap.

    I could see a 300SL roadster costing 1/4 million to restore, no problem.
  • boomchekboomchek Member Posts: 5,516
    Dang, Shifty that's a lot! :cry:

    I was gonna bid on that SL, but I only budgeted $2100 for restoration.

    I thought I could pick up the matching luggage set at an outlet store, the paint job from Maaco (includes 2 hours of prep and body work) for $399, on special right now. Some decent used tires for about $200, maybe a Mr Lube oil change and some new brake pads, then I'd go to Walmart for some Spiderman car seat covers, and some vinyl windshield graphics plus a decent, and I mean decent air freshener, not just the pine tree type you hang, but the ones that contain some liquid in a bottle that you glue to the dashboard with double sided sticky tape.

    and VOILA! off to Barret Jackson for some fat profits. :P

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  • fintailfintail Member Posts: 58,655
    It's all so much money...I have to think to myself, if I had 500K to blow on a car, what would I buy? Making rules that all money must be spent on one car, not 25 concours quality fintails or something. Would I want an SL or something else...you can get a nice prewar open car (non-supercharged) for that money...maybe a big veteran car too. I need to win a powerball to solve this problem.
  • andre1969andre1969 Member Posts: 26,109
    If someone gave me $500K with the stipulation that I had to blow it all on ONE car, I don't know what I'd do? Heck, with the kinds of cars I tend to go for, is there even any single one that would fetch anywhere near 6 digits, let alone half a mil? About the priciest car I can think of, among the types I go for, would be maybe a '57-58 DeSoto Adventurer convertible or perhaps a '57-58 Chrysler 300C/D vert. Would either of these break the $100K barrier yet, for the nicest example in the world?

    I do also like the late 60's/early 70's Mopars that could be had with a 426 Hemi. I guess the right configuration could fetch close to $500K in the right circumstances? Those 426 Hemis can be a pain in the butt to drive though, as they always want to go flat-out, go out of tune every other day, and absolutely hate leisurely driving. But if I spent $500K on a car, chances are it wouldn't get driven that much anyway! I think I'd be afraid of it!
  • fintailfintail Member Posts: 58,655
    I have cheap tastes like you, so the idea of spending 500K on one car is insane to me, too. I also wonder what the current economy has done to the prices of those super high end Mopars...prices are still strong in the upper end of the collector car world, but usually for cars with appeal in Europe, which expensive American muscle doesn't really have.

    I was thinking....what if I got one of each fintail sedan variant. I'd have 190/190D, 200/200D, 220/220S/220SE, 230/230S, 300SE/300SE (L). That's 11 cars, and I would want concours quality examples of each,cars I could take to a national show and have judged and not be ashamed...so let's say 25K apiece. That's 275K. Then maybe I could throw in a hearse, pickup, and a Universal wagon and maybe a Binz wagon...give those 25 apiece too, so we'd be at 375K. I have another 125K left to spend. For that I could get a good 280SE low grille cabrio and a couple of pristine W111 coupes. So, for that money, I could have a collection of maybe 18 cars. And if you wanted plain old American sedans, for that money you could easily amass a collection of maybe 50 cars! And those would be very decent examples at that.
  • andre1969andre1969 Member Posts: 26,109
    for $500K I wonder if I could snatch up every remaining driveable Mopar R-body left in existence?

    I was kinda hoping that there would be a drop-dead gorgeous, showroom new one for sale at the Mopar show, but nothing. In fact, on Friday and Saturday, my 5th Ave was the only R-body on the entire fairgrounds...funfield AND car corral...unless there was one hiding out in the vendor aisles somewhere.

    On Sunday morning though, I saw a brown '79 NYer roll in. I think it had about 69,000 miles on it and appeared to be in pretty decent shape. Better than either of my two, but the guy wanted $3300 for it. It didn't look like a "proper" brown for that car, either. As I recall, the brown that year was called "Sunfire Red" or something like that, and did have just a faint touch of red/orange to it, so it wasn't TOO hideous. Also, I could see some things wrong with it. The fabric part of one of the rear door panels felt loose and fragile, just as with the blue NYer I picked up last year. And the fabric around the base of the back seat was starting to rot too. I think that both of these are a result of leaking around the opera windows, which seems to be a common theme with these things.

    Anyway, I'm sort of proud of myself, that I found an R-body that did nothing for me. Maybe I'm starting to become immune to their siren song? here's a pic of the thing. If it was a different color, I might have been tempted to make the guy a counteroffer. But let's face it, domestic quality was poopy enough in the late 70's. We don't need a reminder of that in the color scheme! :shades:
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    At least a 300SL roadster isn't some fussy french-poodle car. You can drive one everyday and commute with it if you wish. They don't break down and they are dead reliable. So for a "toy", it's as good as anything "old" you can buy. And if you get the disc brakes, they will accelerate, ,brake and handle pretty much like a modern car. Of course, you don't get AC and power seats and all that.

    And it's money in the bank. They only made 1800 or so and they are an iconic automobile that appeals to all ages and generations.

    Downside? You become a celebrity and that can be very annoying.

    Also if someone T-bones you, there's no frame to straighten per se. You take the entire car apart.
  • boomchekboomchek Member Posts: 5,516
    If I were to spend $500k on one car, I think I'd stick with something modern that I could drive, like the Bentley Brooklands, the Rolls Royce Drophead convertible, (whatever it's called right now), or the Lambo Murcielago roadster.

    If it had to be something old, I'd either find the best MB 600 Pullman I could find, and also pay for a full time MB mechanic with the rest of the money to service it. :P

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  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    I doubt that you could keep an MB Pullman running for more than a week at a time. That car is a whole bunch o' trouble.

    Yeah, a new Bentley would be nice, if you could stomach the massive depreciation. Nice ride, though if you don't mind throwing maybe $60K out the window as you drive off the dealer's showroom floor or losing $300K in value over the next ten years.

    Daddy, What Happened to My Equity?
  • fintailfintail Member Posts: 58,655
    And that's the old style Brooklands - I would say that car is overpriced.
  • fintailfintail Member Posts: 58,655
    But you'd have to spend it all, not a 300 or 400K car - but 500K. The Bentley and Lambo cost a bit less don't they? The RR might get close...I actually saw one of those on the road down here too. I think it's just called a Phantom drophead.

    A Pullman would certainly keep you busy...probably not in a good way though.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Oddly enough (it's almost laughable) there is NO room for the driver. If you are the least bit portly or tall, you are going to suffer in that car. Problem? With the partition, the driver's seat cannot adjust backwards.
  • fintailfintail Member Posts: 58,655
    Not surprising, really. I would guess a lot of old limos are like that.

    That reminds me, a couple weeks ago I sat in a current generation SLK, an AMG model. I am only 6'1' and I am not too big - but I could not find a good seating position. Putting the seat in its lowest position had my eyes just under the top of the windshield, and I had to have the seat leaned back so it rubbed against the back of the compartment. Now I know one car I will never own.
  • boomchekboomchek Member Posts: 5,516
    The Brooklands ad says it's a 97, but in the writeup it says 91. I think that's a 91.

    Still crazy depreciation.

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  • qbrozenqbrozen Member Posts: 33,802
    I think I would have to agree, just based on this alone:
    FEATURING A 6.8 LITER, 300 HP V-8 ENGINE

    If they weren't getting more than 300hp out of 6.8liters by 1997, they are much more behind the times than I would have thought.

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • lemmerlemmer Member Posts: 2,689
    Did anyone see Top Gear's 1500 quid challenge? I am finding it to be great entertainment.

    It pitted a mid 80s Jag XJS V12, a mid '80s BMW 635 and a late '80s Starion (he said it was a 90, maybe they made them an extra year for Britain).

    I haven't made it through the whole episode, but so far:
    Top speed test: Bimmer 115 mph, Starion 119, Jag blazed through at 140
    Road course: BMW 1:01, Starion 1:00, Jag 1:09

    The Jag was puking oil and antifreeze after both events.

    Apparently, they have another episode where they had a similar challenge but with crappy Porsches. I would love to see that.
  • fintailfintail Member Posts: 58,655
    Yep I have seen those...I think both are on youtube too.

    Great fun to watch, I think Clarkson had a 928 in the cheap Porsche challenge.
  • lemmerlemmer Member Posts: 2,689
    I'll have to try Youtube when I get home. The IT people here don't let us have any fun. No Craigslist, no eBay, and no video of any kind. Most forums are blocked. I am not sure how I am able to get on here.
  • qbrozenqbrozen Member Posts: 33,802
    yup. watched that whole episode a while back. great fun. was that the one they finish up on a dirt track and count the laps, ala the Lemons race?

    wish i could see that show somewhere other than youtube. :(

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    The 928 should kick all the other Porsches butts, but we'll see.

    At least the Jag V12 didn't catch fire, which is what they like to do.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    It's amazing how so many of these old cars beat their EPA gas mileage estimates by up to 50%. I guess the older a car gets, the less fuel it uses. A 24 mpg Celica All Trac now gets 30, and a 30 mpg Triumph now gets 40.

    This is great. By 2015, my car should be getting 65 mpg. :P
  • oregonboyoregonboy Member Posts: 1,650
    Hey, Fin
    I really like that Celica, run buy it for me will you? I am down in Oregon now, but I will be up in Tacoma this weekend to visit my former room-mates, Denise and Juli. I will come by and reimburse you for it. Honest I will. You can believe me, right?

    james :shades:
    (just kidding, sort of)
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    He's asking exactly double book value for it. You could buy a 1998 AWD Subaru Outback wagon for that money.
  • texasestexases Member Posts: 11,161
    Was that the episode where they bought a Maserati Biturbo just to crush it? Doing society a favor and all that. :P
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Sounds like a great idea but then I think about the auto mechanics who are making money off those cars and I am less inclined to interfere. Crushing Bi-turbos smacks of a moral crusade--the kind of thing I would usually not support.

    Sooner or later every Bi-turbo will bring an owner to his knees anyway.

    thankfully, turbo technology has come a LONGGGGG way since the 1980s.
  • lemmerlemmer Member Posts: 2,689
    That was the same episode. I'd take a Biturbo for free and drive it until it required a cash infusion.
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    Oh about ten minutes?
  • lemmerlemmer Member Posts: 2,689
    Just needs a little cosmetic work. I looked up the VIN just for fun, since I have an unlimited use Carfax right now. This car has been all over the place since it was salvaged back in 1994.
  • qbrozenqbrozen Member Posts: 33,802
    He's asking exactly double book value for it. You could buy a 1998 AWD Subaru Outback wagon for that money.

    Yeah, but it would take much less effort to make that Celica fun, whereas the Subaru would need an entire powertrain and suspension swap. :)

    '11 GMC Sierra 1500; '98 Alfa 156 2.0TS; '08 Maser QP; '67 Coronet R/T; '13 Fiat 500c; '20 S90 T6; '22 MB Sprinter 2500 4x4 diesel; '97 Suzuki R Wagon; '96 Opel Astra; '11 Mini Cooper S

  • boomchekboomchek Member Posts: 5,516
    That Celica will sell to a Toyota collector if there was one out there. Pretty decent shape.

    The Iraq cars are pretty interesting. I wonder how many more dictators have hidden stashes of classic cars that we won't hear about for years.

    The Sultan of Brunei's collection is I think one of the biggest ones in the world.
    And while searching for it I stmbled upon LeMays private car museum in Tacoma. you ever been there Fintail?

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  • fintailfintail Member Posts: 58,655
    I've been there once yeah,. not a bad museum for this area, some interesting stuff and cars on loan from other museums. They have a Tucker and a couple Duesies I think, among others. I should visit again and bring a camera this time.

    What interested me about the Iraq cars was that the Erdmann & Rossi 540K had survived, I had previously read that invaders destroyed it. It's not the most attractive bodystyle IMO, but it's a 540K, so it should survive.
  • lemkolemko Member Posts: 15,261
    There are many Cadillacs that would break the $100K barrier, but for half a mil, it would have to be something like a 100-point early 1930s V-16 dual-cowl phaeton. My tastes in cars is closer to yours. I think I'd rather spend that kind of money on a whole bunch of perfectly preserved 1970s Cadillac Fleetwoods and DeVilles, Buick Electras, and Oldsmobile Ninety-Eights and hope for enough change left over for a really nice 1970 Chevrolet Impala Custom or Caprice.
  • boomchekboomchek Member Posts: 5,516
    I actually had a chance to hit up Petersen Automotive Museum when we were on my wife's work paid Beverly Hills visit this spring.

    You can check out my facebook pics in this this link without having to join facebook.

    Since my wife was at her work conference, I went alone, so the tricky part was positioning the camera on ledges and taking timer photos of myself.

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  • explorerx4explorerx4 Member Posts: 20,965
    you might want to spend some that 500k on this:
    65 poncho
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • Mr_ShiftrightMr_Shiftright Member Posts: 64,481
    I'm having a hard time getting my mind wrapped around 1988 Celica = "fun" but I'll keep trying.

    But I'd have to agree, a '98 Outback isn't much fun unless maybe you are frolicking in the snow with it or taking your mountain bikes somewhere.

    AWD cars from the 1980s tend to be pretty heavy-handlers. They have a lot of "push", not exactly ballerinas.
  • fintailfintail Member Posts: 58,655
    Fun stuff, nice that it wasn't crowded too. The one image of the American Underslung car with the period backdrop is pretty cool.

    And I like the wheels on that Pontiac posted below...reminds me of a 60s vintage Hot Wheels car.
  • andre1969andre1969 Member Posts: 26,109
    I can't drive a stick worth a darn, but for something like that '65 Pontiac, I'd learn! And, like Fintail, I like those aftermarket wheels. Normally something like that would probably bug me, but at least they seem a rational size. They also look like a modern update of the Pontiac Rally II wheel, so I think they suit the car.
  • explorerx4explorerx4 Member Posts: 20,965
    put driving a stick on your 'bucket list' you are not as young as you used to be. :P
    2024 Ford F-150 STX, 2023 Ford Explorer ST, 91 Mustang GT vert
  • texasestexases Member Posts: 11,161
    Yeah, you really need to drive some big old V8 with a stick - there's nothing like the direct connection to the road. Not that you'd want to commute every day in one. I liked taking my dad's '63 Polara 383/4bbl with a 3 on the tree out, gas it in a straight line, and hope I didn't have to stop or turn too quickly! :surprise:
  • andre1969andre1969 Member Posts: 26,109
    the last stick shift I drove was my uncle's 1976 Jeep pickup. Honcho or whatever they called it. It had an AMC 360 with a Borg-Warner something or other. Been so long now that I can't remember if it was a 4- or 5-speed. I'm thinking it was just a 4-speed. I do remember first was geared so low that you could start off in second.

    We also had this friend of the family who had an early/mid 80's Datsun/Nissan pickup with a 5-speed. He worked on building high tension lines. He could also put away a 30-pack of Bud in a single day. One time I went out riding with him, and he said he was going to teach me to drive a stick. He was drunk when we drove out, got drunker during the evening, so I had no choice BUT to learn how to drive that thing to get us back! That was back when I was young and dumb though...like 21 or 22. I know better nowadays than to get into a car with a drunk driver. You'd thin I would've been smart enough back then, but you know young adults and how they think they're indestructible. :sick:
  • boomchekboomchek Member Posts: 5,516
    Yeah it was a weekday so it was fairly empty.

    The wheels look toy-like from afar.

    2016 Audi A7 3.0T S Line, 2021 Subaru WRX

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