Author Topic: Tips on buying?  (Read 7117 times)

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Snowtoy

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Re: Tips on buying?
« Reply #30 on: Aug 15, 2013, 01:15:10 PM »
Yes, with the collapse of the "funny" money in '08, I think the only types of restorations that you can make a living off today are the pre WWII classics.  Everything else has lost 50-75% of its value since the collapse, and they don't appear to be recovering much at all.  I remember seeing beat up muscle cars going for $25k in '06 and '07, and bolt-off restored ones were going for over $150-200k+, today those same bolt-off restorations can be had at auction for under $50k.  I think I would need to win the lotto to be able to do it in Todays market, that way I wouldn't have to live off the business, and would have the capital necessary to start with everything I needed.
'90 black X-cab mod'd 3.0, 33's/4.88's, rear ARB, custom bumpers, sliders, safari rack, etc.
'91 Blue X-cab 22re, 35's/5.29's,Truetrac front, ARB rear, dual cases, and custom Safari flatbed, bumper, interior.
The money pit '87 Supra resto/mod

 
 
 
 
 

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