Re: [DML] Re: Frame-up restorations/refurbished cars (was: Value of a "restored" DeLorean)

[mike.griese@xxxxxxxxxxxxxxxx]

In general, a car restored by an amatuer will be worth less than a car
restored by a professional shop.  It is extremely rare that an individual
working out of a garage can do as good as or better than a restoration
shop and even rarer than a specialist shop.  You can help prove your 
restoration is good by documenting everything you did, how you did
it (what equipment you used, what processes, coatings, etc.) and 
having pictures of everything before and after.  

Also, in general, most restored cars are sold for less than what it costs
to restore them.  If you just want a restored car, you are better off
buying some one elses restoration than doing one yourself.  If you 
enjoy working on the car and want to have the experience of 
doing a restoration - go ahead.  Just don't expect the marketplace
to place the same value on your work that you do.

--
Mike


-------------- Original message from "Lawrence Lormand" <lawrencesr@xxxxxxxxxxx>: -------------- 


> So, In order to get a high value on our cars we Have to have a dealer do the 
> Restoration? I Have all the pictures for my frame off restoration & have posted 
> on dml 
> my progress by pictures also vin 00915 in the photo section, Am I just wasting 
> my 
> time & should just let my car rot away? I rebuild cars for a living & maybe I'll 
> start to 
> Do restoration Deloreans here in my garage in Michigan so Now I've been told 
> that if I 
> refurbish someones car that it will be worth - Less for the cost of what I spent 
> to 
> rebuild? this isn't posted against James just the subject!!!! 
> Lawrence - Michigan 
> Vin's 00538m/00915a/04783a 
> 

[Non-text portions of this message have been removed]





To address comments privately to the moderating team, please address:
moderators@xxxxxxxxxxx

For more info on the list, tech articles, cars for sale see www.dmcnews.com

To search the archives or view files, log in at http://groups.yahoo.com/group/dmcnews 
Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/dmcnews/

<*> To unsubscribe from this group, send an email to:
    dmcnews-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/