If you still have to restore
10/07/2016
"Buy the best one" is the recommendation often given to people who want to buy a classic car. From a purely economic point of view, restoration is not yet worthwhile, even for many vehicles in the hundred to two hundred thousand euro class.
But what if the expensively purchased Note 2 or better classic turns out to be a sham and the specialist consulted recommends a complete restoration (also for safety reasons)?
Then the bona fide classic car buyer is doubly screwed, because after all, he paid a high price for the supposedly good piece and now has to pay the restoration costs (if he doesn't pass the problem on to another owner).
Depending on the type of vehicle, the restoration costs of a car that is good in parts do not necessarily differ significantly from the costs of completely rebuilding a car in poor condition, especially if you proceed thoroughly, i.e. if you completely dismantle the car and restore it "frame of" (i.e. from the frame) and you already have an extensive stock of spare parts.
In this case, buying a wreck would actually have been more worthwhile, if you could have found one. The upcoming RM/Sotheby's auction at the classic car fair in Milan, from which the symbolic pictures in this article were taken, offers an opportunity to do so.
