Restoration expenses once again far outstrip the value of the finished product
If there’s anything that owning a “project vehicle” has taught anyone, it’s that restoration work almost always ends up being much-more expensive than originally anticipated. And while it’s rewarding to be part of an extreme makeover, sometimes it means taking a loss when it comes time to part ways and offer that vehicle up to the collector marketplace.
Many classified listings these days include some variation of the phrase, “You can’t build it for what I’m asking.” And that statement rings painfully true in many cases
A private seller on ClassicCars.com in Longview, Texas, is offering an 80-year-old custom Ford at a fraction of the investment that it took to restore. The Pick of the Day is a red 1941 Ford Super Deluxe two-door coupe complete with receipts totaling $100,000 and a selling price that is significantly lower.
“The price to build was right at $100k,” the listing states. “Invoices are available which will list all of the individual components plus the shop labor hours.”
The rebuilt Jasper flathead engine alone, now having accrued only a few hundred miles since installation, reflected an expenditure in excess of $10,000, according to the ad.
Ah, Oldsmobile, how we miss you… Pity that when General Motors decided to pull the plug on one of its brands, you had the fewest dealers to pay off, so it didn’t matter that you also had a better fleet of vehicles across the board than any of your fellow GM divisions.
You introduced the Hydra-Matic transmission way back in 1940, and the Rocket V8 soon after World War II. In 1995, you gave us the Aurora, perhaps the last great American car design. And in 1966, you introduced the Toronado, the first full-size American car driven by its front wheels since the 1936 Cord.
The Pick of the Day is a 1969 Oldsmobile Toronado. The car got some styling updates that year and a power upgrade with an optional 455cid V8 rated at 400 horsepower
On July 8, 1965, my Dad purchased a brand new 1965 Chevelle Malibu SS. This was his first new car purchased off the lot and, oddly, has been the only new car he has ever purchased. He paid $3,262.45 for the car.
He then married my Mom in November of that same year. This car was very special to my Dad and Mom and we have great pictures of their adventures.
Shortly after their honeymoon, my Mom became pregnant and my oldest brother was on the horizon. He was born in ’67 and soon after, Mom and Dad learned of twins coming. The discussion turned back to the two-door coupe, and my Mom and Dad decided to sell the Chevelle to accommodate the future family.
My Mom shared with us kids growing up that she saw Dad’s emotions only a few times. One of those times was the day he had to sell his Chevelle.
As it often happens, life throws a few curves at families. My Dad’s youngest brother Paul was killed in a car accident in 1970. This event, and a few others, changed my Mom and Dad’s lives and began to shape our family’s future in ways we had yet to understand.
By 1971, our family now had three boys and one girl. My Dad was working a solid career with a Minnesota-based company and had the typical Minnesota family.
My parents attended a Lowell Lundstrom religious crusade, and through the message they heard, they committed their lives to serving God daily and through ministry. In 1974, my Dad left his job and moved the family to Dallas, Texas to attend Bible college and become a full-time pastor. He arrived back in our hometown of Sunburg, Minnesota, in 1976, and pioneered Sunburg Community Bible Church.
“Ask the man who owns one,” rang the famous advertising slogan for Packard, in testament to their value and reliability. Cherished by many collectors today, Packard reminds us of simpler times and automotive amenities for those who truly appreciated them.
The Pick of the Day is a 1931 Packard 833 phaeton advertised by a dealer in Macedonia, Ohio, on ClassicCars.com. The car appears to be a lovely tourer, and as the seller declares, “this is a car to drive, not to show.” I have always believed cars were meant to be driven, and this ancient example from Detroit’s golden age would be quite fun.