Can restomods be worth money?

1248 Views 12 Replies 9 Participants Last post by Guest, Apr 18, 2001

Discussion Starter · Apr 11, 2001

We all know how much completely original cars in great condition are worth. But is there a market for quality restomods? im talking upgrades and improvements on every part of the car . . . id like to think that if the time ever comes for me to sell my car that i'll be able to sell it for a good price. Does anyone know of any restomods that sold for a lot of money?

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Columbo

· #2 · Apr 11, 2001

There will always be a group of people that think higher of a restomod. So, there will always be buyers. In my experience it doesn't matter much, depending on the type of buyer. When you're looking for a restomod, you still want a good one. I think you just need to find the right buyer... One with similar taste to yours..... I've heard of pretty expensive restomods going for asking prices, so I guess there's hope *LOL*

Columbo
http://members.brabant.chello.nl/a.schroeders/Columbo66.jpg http://members.brabant.chello.nl/a.schroeders/Columbo66_2.jpg
First time rolling restoration, 66 289 nearing completion.

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pprince

· #3 · Apr 11, 2001

Sure...but it depends on the quality of the work and how tasteful the modifications are.

Purple metal flake paint with ricer wheels and tires just doesn't cut it

Paul
1965 Mustang 2+2
1989 Mustang GT Convertible
MCA #27261
MCA certified judge for 65's and late models

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289fan

· #4 · Apr 11, 2001

I've heard of resto-mods in the form of replica Shelbys garnering (IMHO) silly money, and other well executed cars similarly getting respectable sums of cash. You only have to look to HotRods and what they command. People who really like custom cars, but lack either the time or skill to act upon those dreams will pay to live it.

Tom Kubler, Long-time Mustang Enthusiast & San Antonio Mustang Club Founder

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bishir

· #5 · Apr 11, 2001

Just don't make something that you don't think anyone else would like. Or paint something that looks gawd awlful like this one http://www.geocities.com/GT500KRSTANG/stangpage.html

You'll probably never make your money back on a restomod unless you're doing a streetrod. I don't even think those guys make money. You should be able to sell it for a good price though.

See my 69 convertible and the VMF parking lot at: http://www.geocities.com/Bishir1/FrontPage.html
http://www.jps.net/binay/webdocs/frontside_sig01.JPG

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Gene_J

· #6 · Apr 11, 2001

I spent some time speaking to Dean Krause last summer at an auto auction. He will speak to you for a long time if he thinks you will buy a car. He is a really nice guy.....

Anyway he said that a very tastefully done car can bring as much and more as a restored original car. By tasteful he meant carb, manifold, headers, period rims etc.... Just like the car you would have built and modified if you had he money back them. They are worth even more if the original parts are still in the trunk.

So in short don't built an outrageous car that only you and one other person would like.

No shag carpeting, jacked up rear, flowered vinyl top, chain steering wheels, tube front axles, fuzzy dashboard....You get the idea. Lets see what other tasteless modifications we can think of...

Gene J

http://albums.photopoint.com/j/View?u=1584519&a=12058180&p=43615717.jpg
66 Coupe/66 Convert/84 GT Turbo/96 coupe

Gene's cars

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Mike_B

· #7 · Apr 11, 2001

I've seen tastefully modded cars bringing more and more cash lately. Especially Fastbacks.

http://216.71.48.244/archive/mikecar.jpg

65 Fastback 289 4spd in storage :-(
91 CRX Si... A.K.A. my go-kart with AC!

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289fan

· #8 · Apr 11, 2001

But I liked those pipes! Those pipes, those Pipes, Those PIPES! wrapping around the car, pouring forth that... Those PIPES!....

Tom Kubler, Long-time Mustang Enthusiast & San Antonio Mustang Club Founder

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abn

· #9 · Apr 11, 2001

I have a friend that sold his EL Camino for a pretty profit...he had basically lowered the car, installed IROC rims, a Corvette motor and overdrive trans. And paint. A broker he met at a swap meet hooked him up with a Japanese gentleman who bought the car for about 5K more than my friend had in the car...Imagine how surprised the Japanese guy will be when he gets the car to Japan and finds out the distributor is on the wrong side of the engine. I think if you stick to tasteful period modifications...or go the EFI 5.0, Overdrive, Disk brake, Rack and pinion route you may get your money back. But, you have to finish the car, and be doing your own work. If you're having shops do the work, then kiss your cash (and lots of it)goodbye (just my opinion).

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Kelly

· #10 · Apr 12, 2001

Geez, Bish. Kick a guy while he's down why don't ya!

Poor fool has been trying to sell that masterpiece for how long now?.....lol

He's certainly had more than his fifteen minutes of fame, hasn't he?

Dang! Just when I got used to being "strange", I became a "newbie", then a "tire-kicker". Now I'm a "beginner"?.....hmmmmmm...where do I start?

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Discussion Starter · #11 · Apr 12, 2001

I say don't worry about what your gonna get down the road, just have FUN with your car. That's why I have mine!!

65 coupe 302
(rebuilding a 351W)

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windsoto

· #12 · Apr 12, 2001

You want something else disgusting take a look at the web site posted by bishir!
Now that is beyond gaudy!

69 Grande
2000 GT

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Discussion Starter · #13 · Apr 18, 2001

as long as there will be guys with innovation there will be a market for their wares...

/forums/images/icons/cool.gif[color:blue]Todd Dietrich
restomod junkie, 19 year old kid who has too many ideas and not enough money to finish any of them..
ObsidianSpider on AOL IM
http://home.att.net/~obsidianspider/5lugwormviewsmall.jpg</font color=blue>

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