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Posted: Wed Apr 18, 2007 6:47 am
by RogerRust
If you only charge your own time at a inexpnsive £10 an hour a lot of our cars will have cost cars £20K+
Posted: Wed Apr 18, 2007 7:28 am
by Judge
jonathon wrote:Trouble is though Bill, despite your cars pedigree and authenticity, it will probably achieve less than half of the build cost of this restoration, due to the bizarre scale of value that the Minor attracts. We build many cars at this price range and some well in excess of this, but in the knowledge that, parts,mods,labour and vat cannot be represented in a resale price, if, ever one came up for sale.
I totally agree with this view Jonathon when applied to a restored car. However 'Ellie' is largely original, and therefore like a work of art you would be paying for a unique original as opposed to a reproduction
Posted: Wed Apr 18, 2007 7:31 am
by Judge
Onne wrote:Well, I know my Series MM will never be worth what I invested in her, but it still makes it worth it for me.
All hobbies cost money after all
Well said Onne
Posted: Wed Apr 18, 2007 7:33 am
by Judge
RogerRust wrote:If you only charge your own time at a inexpnsive £10 an hour a lot of our cars will have cost cars £20K+
I think the best way to deal with a restoration is not to count the cost, it makes your hair fall out
Posted: Wed Apr 18, 2007 7:55 am
by jonathon
Posted: Wed Apr 18, 2007 8:10 am
by Judge
In Concours Grand Masters condition? As with all antiques and works of art, condition is paramount if a high price is to be paid
Posted: Wed Apr 18, 2007 9:07 am
by wibble_puppy
Onne wrote:Well, I know my Series MM will never be worth what I invested in her, but it still makes it worth it for me.
All hobbies cost money after all
hear hear
that's how i feel about my van
Posted: Wed Apr 18, 2007 9:13 am
by dunketh
Part of the fun of maintaining my old 1000 is the tight budgeting and 'creative' parts bodgery.
Having access to a blank chequebook would make it all too easy and no fun.
Posted: Wed Apr 18, 2007 10:16 am
by chrisd87
I've probably spent getting on for £2k so far on a car that cost me £1000 3 years ago. Worth every penny
Posted: Wed Apr 18, 2007 11:06 am
by chickenjohn
If you consider that a restoration to the standard shown in the pics could take 1000 hrs or more, then at £30 per hour, the £30K fee would not cover parts paint and materials, so its actually cheap.
Posted: Wed Apr 18, 2007 3:01 pm
by jonathon
Agreed John!
Posted: Wed Apr 18, 2007 3:38 pm
by bigginger
Nonsense. You're ripping us all off blind...
PS NOT, just in case anybody thinks I'm serious
