Not mine but what is a realistic price ??

[Moparpoolman]

Hey guys......
To answer the price question, a good friend of mine called him yesterday morning. He wants $70,000 CAD as it sits. My friend offered $50,000 and would have someone pick it up that night. He said no, he's firm at $70,000.

Well that's $52486.35 US , I think that's a fair price considering supply and demand.  And better for the guy that can restore it himself and doesn't have $200,000 to buy one thats all done.

[70B5Cuda]

The argument that "you will be upside down after restoration" is invalid and worthless. The majority of restorations are upside down in the end. Sure, there are a number of guys who do all their own work, but when you look at the opportunity cost/value of their time spent, they're still upside down. If you have the skills to restore a car well, then you could be making money instead of working on your restoration. People either have time or money to invest. It's just that people seriously underestimate and undervalue the time they invest.

It's a hemi car. although it's not a 2nd gen, it is still very rare and quite desirable.

[hemi-hampton]

The argument that "you will be upside down after restoration" is invalid and worthless. The majority of restorations are upside down in the end. Sure, there are a number of guys who do all their own work, but when you look at the opportunity cost/value of their time spent, they're still upside down. If you have the skills to restore a car well, then you could be making money instead of working on your restoration. People either have time or money to invest. It's just that people seriously underestimate and undervalue the time they invest.

It's a hemi car. although it's not a 2nd gen, it is still very rare and quite desirable.

And it's because people seriously underestimate & undervalue the time they invest is why you have to tell them you will be upside down after the restoration because since they do underestimate & undervalue the time they invest they are not aware of this. So you have to tell them. So it is not invalid or worthless argument. What is the problem is they don't listen. What you fail to mention is anybody that is doing most of the work themselves will still need lots of money for parts & supplies & outsourced services.

[70B5Cuda]

The argument that "you will be upside down after restoration" is invalid and worthless. The majority of restorations are upside down in the end. Sure, there are a number of guys who do all their own work, but when you look at the opportunity cost/value of their time spent, they're still upside down. If you have the skills to restore a car well, then you could be making money instead of working on your restoration. People either have time or money to invest. It's just that people seriously underestimate and undervalue the time they invest.

It's a hemi car. although it's not a 2nd gen, it is still very rare and quite desirable.

And it's because people seriously underestimate & undervalue the time they invest is why you have to tell them you will be upside down after the restoration because since they do underestimate & undervalue the time they invest they are not aware of this. So you have to tell them. So it is not invalid or worthless argument. What is the problem is they don't listen. What you fail to mention is anybody that is doing most of the work themselves will still need lots of money for parts & supplies & outsourced services.

I understand what you're saying but people won't listen even if you gave them real life dollar/time estimates. It takes a tough lesson or two from the school of hard knocks for the lesson to penetrate.

[hemi-hampton]

That's true. Until some one tries to do there own resto themselves they have no idea how much time & money it takes. LEON.

[charger_fan_4ever]

Guy probably thinks hes sitting on 100k.

Hey guys......
To answer the price question, a good friend of mine called him yesterday morning. He wants $70,000 CAD as it sits. My friend offered $50,000 and would have someone pick it up that night. He said no, he's firm at $70,000.

I was close lol