Looks like $300,000 worth of restoration at least. Could check Hagerty’s to find out the value when restored to see if it was a good buy or not.
Cheaper than that $4 million dollar Ferrari scrap metal pile. Likely worth less when finished, too.
A little case of tin-worm, eh? … lol …
Tin Python maybe!
It belongs at a scrap yard.
Where was it stored? in a swamp?? lol
Swamp Thing…
Slow car with a base 4 cylinder. But looks like a mini 300SL, an actual sports car.
Hagertys has its value at $260K for a concours car. The owner will have more in it when it is finished than that.
If this is “worth” $260k, then a Hyundai Accent must be worth a million bucks…because it’s a vastly superior car in every which way.
So’s a C7 Corvette over a 1963 Split Window Corvette. I’ve seen a fully restored1963 Split window Corvette sell for 2-3 times the value of a C7.
It was inferior to the British competition when it was built in every way except reliability and not even half as much fun.
My goodness, Bonham’s description may have set a new record in “Salesman’s Puffery” for a not so desireable, so-so, slow car when new and now a rusty scrapyard candidate that will cost a fortune to even get it roadworthy.
And if this was a horse.I’d imagine their description would be, “Dead cart horse designed along the lines of Triple Crown Winner Man O’ War. Hide all worn out, most of the internal organs shot but when the corpse was lifted up, managed to drag it 10 feet.”
For anyone even considering a restoration my 3 rules are
- Restoration will cost at least double what you initially thought it would.
- The least expensive restoration project is the one done by the previous owner
- Never plan on turning a profit on the project
Any car is only worth what a buyer is willing to pay.
Worth is determined by what a buyer is willing to pay for it. It has nothing to do with the car’s abilities as a car.
“Worth” cannot be determined if it is worth more to the seller than it is to the buyer.
What a joke . . .
I’ve seen more promising cars in rust-belt junk yards
And it’s apparently not even numbers-matching, which right off the bat means you can NEVER get top-dollar, no matter how thorough your restoration is,imo
The article was better than the car itself . . .
The desirability is being a more rare RHD example, I’ve found a 1956 190SL at the Beverly Hills Car Club for $67,500 that appears to be more of a driver quality car with some things to improve, a little tin worm in the floors of course but they have a lot of photos to show the condition of the car, good or bad.
$67,500 would be a bit high for a condition 3 car by Hagertys data. A 3 is a driver with visible issues.
That’s the asking price, Freshly restored one’s on hemmings are nearing $300,000 asking price, whoever buys the car from BHCC will hopefully pay what they feel the car is worth in it’s present condition.
Can I assume those freshly restored cars with a $300,000 asking price are numbers-matching?