QUOTE(toolguy @ Mar 8 2018, 07:28 AM)
I see lots of rust, a year of full time labor and tons of money needed. . . but then again, this is an example of whats left out there for a starting point. .
Unfortunately you'll have more in it than it will be worth unless you do every bit of the labor , motor and paint.
And people still question restored six's selling for 100K. . but that is what it costs. . .
This is a common fallacy in why most people take on a project rather then buy a restored car. It isn't because you save money, it usually because many guys can afford a project and have a decent enough income to pay for a restoration, while maybe doing some of the work themselves. They aren't rich but have income. I sell lots of cars to guys like this. They don't have $100,000 to plop down on a car, but they do have $30,000 to buy a project and drop $100,000 in it over several years. And more often than not if it's a rare Porsche they do come out ahead money wise, but even if they don't, they still got the car they wanted and couldn't have if they didn't buy it as a project.
There is also value to a lot of collectors to know that the restoration was done right, regardless of cost, they want "their" guy to do the motor and "their" guy to do the paint.
Sorry for the rant it just gets old to hear people say, "You'll be upside down if you buy that!" There has to be some passion in this, you can't always think with the wallet.