As far as insured value goes, I consider whatever it would cost me for a replacement. Hagerty is cheap enough as it is, so going at it from a maximum sale price is good practice. Like many others have mentioned, in todays world, MVs can go from easy sales to hard to give away. It’s all too easy to get caught up in restoration costs, never able to recoup your investment dollars.
For a lot of guys, entry level was the only way in, but at the end of day, proabably too much money spent. Personally, I have done restoration work as a hobby for the enjoyment. If I were to really want something, I’d go for a first class ready to go restoration any day. Trouble is, “restoration” is very subjective wording.
Seen plenty of restored vehs that are total s”@t boxes on four wheels.
|