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Well put like that its pretty hard to argue...
But given that your time and bodywork skills are free, and the paint and materials will cost what a ton?
Then the bots for Mot, what 200 tops, then what you paid for it.
I don't know what yours will be worth Vauxhalled, but as its just for you to drive its a moot point anyway....and a lot more interesting than any modern.
Jonners
Wow! I can tell its a long time since you did a full resto Jon! I have budgetted about 2.5k for this one, about 1000 of that will go in new steel, sills, soffits, diaphragm, headlamp repairs, rear arch repairs, front valance, doors or skins (x4) etc. Paint and materials nearer 200 than 100 plus I will be paying a painter (REALLY good mates rates, but still paying)
Then the mechanical side, Full brake overhaul, dual circuit master, plus a trackerjack convo, 4 new shox, 5 new tyres and refurb the alloys, alloy rack mounts, supaflex bushes and I'm bound to find more as I go. What I paid for it is almost irrelevant as I'll get most of that back selling the bits I don't want.
Looking at that little lot i'm not at all sure 2.5 k will cover it and I haven't even considered the price of the conversion parts yet! If I was to add in the 2-300hrs of labour, even at mates rates the price would be staggering!
Though I do intend to keep a full and complete record of expenditure (and income) on this car, it is only for my own benefit cos I like to know what it owes me!
So I suppose if you don't count labour I might just have come out on the right side of an original cars value but not by much and that only because I do so much myself and am an incorrigible scrounger, hoarder and bargain hunter!
I don't know (and don't really care) what this bastardized hybrid will be worth when its finished but as you say, its not important, it should be interesting and fun to drive and thats what matters to me!
Steve