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Old 12-24-2014, 03:03 PM   #16
Bill Underwood
Senior Member
 
Join Date: May 2010
Location: Tennessee
Posts: 445
Default Re: Two Door Phaeton on Craigslist

Try finding a 180a.......
You would be less "up-side-down" than in a coupe or tudor that you pay $5-10k for and restore. The resto costs are "close" to the same no matter what. Put $30k into each resto and a Tudor is worth, best $18k? So you lose $17k plus purchase price. Do the 180a and its worth $50k and break even? Just some shoot from the hip numbers but think about it.

And are we all thinking we need to make a profit on these projects? Sure, you don't want to take a bath financially but it is a hobby. Except for Tiger and a few do you make money playing golf? Travel?

If closer, I would be a player on that car!! For sure and would pay close to that depending on inspection. As noted above sheet metal and wood are big factors. Have to put eyes on it.
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