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The costs you cite below are inexorably linked to the =E2=80=9CWhat to =
Do with our Healeys=E2=80=9D question that was also raised. Over the =
last several years, I have restored/built 3 cars with most of the work =
done by a local shop (one of which was a Bugeye). I needed to have most =
work performed by my shop. Although my skills are moderate and I enjoy =
turning wrenches, my time available to do so has lessened in recent =
years. =20
Given the above circumstances, I have easily spent 2-3 times market =
value on the purchase price, work performed, parts, etc. I consider =
myself lucky to have a trusted local shop, but depending on where you =
live (even assuming you are willing to spend the money), it can be =
extraordinarily difficult to get the cars serviced, let alone have =
significant restoration work done. I also don=E2=80=99t see the value =
of most Healeys going up much, and it might go down given the (arguably) =
shrinking market/demographics for these cars. =20
So given my recent experience, as much as I might love to own a BJ8 and =
would consider myself =E2=80=9Ca trusted steward=E2=80=9D, paying =
significant dollars (even for a beautifully restored car) in a declining =
market might not be the best idea. As for a car that =E2=80=9Cneeds =
work=E2=80=9D, I=E2=80=99m starting to feel like I=E2=80=99ve been there =
and done that a little too often. Also, there are fun (more modern) =
cars out there for similar dollars that don=E2=80=99t present the same =
financial risk and difficulties in selling. =20
Lastly, I=E2=80=99m 61 (so not =E2=80=9Cyoung=E2=80=9D) and I think =
those that are younger than me are an even tougher sell. I have 2 adult =
sons that have a moderate interest in cars and the =E2=80=9Cold cars=E2=80=
=9D they might have an interest in are probably from 2000-2010. =20
The market is undeniably softer than previously, but I actually think =
current values are a sellers market, even in the US. With the potential =
for declining demand, it=E2=80=99s hard for me to see an improving =
Healey market over the next 10+ years. =20
Jim
> On Feb 16, 2025, at 2:16=E2=80=AFPM, Michael Salter =
<michaelsalter@gmail.com> wrote:
>=20
> Very good question.=20
> All the work that you describe requires an individual with significant =
skill(s). These tasks are not something that your "run of the mill" =
parts changer can undertake. In our part of the world (Canada) those =
"parts changers", without breaking a sweat can easily pull in 6 figures =
which equates to $50/hr. $50/hr paid to the tradesman will typically be =
charged out at an hourly rate of at least $100.
> In my book a full restoration takes 1200 hours at least, usually a lot =
more to produce concours standards.
> So labour ONLY $120K.
> Parts and materials usually at least 50% of labour. $60K.
> Incidentals at least another $20K
> It's getting up there =F0=9F=98=B3=F0=9F=98=B3
>=20
> M
>=20
>=20
> On Sun., Feb. 16, 2025, 1:40 p.m. warthodson--- via Healeys, =
>> The list has been very quiet for a long time.
>> How about a discussion about the cost of restoring a BN1?=20
>> The metal work is About 90% done. The remaining work includes final =
fitting all body panels, preparing for paint & final painting.
>> Wiring, plumbing including rebuilding the brakes, interior, fitting =
the windscreen, convertible top, side curtains including providing all =
material where necessary.=20
>> Rebuild the engine including all the machining. I have all the =
necessary components.
>>=20
>> Gary Hodson
>>=20
>> =20
>>=20
>> On Sunday, February 16, 2025 at 10:46:32 AM CST, Mike Sinclair via =
>>=20
>>=20
>> Is it me, or is the list quiet? I haven't seen anything for quite a =
while?
>>=20
>> Mik
>>=20
>> _______________________________________________
>> Support Team.Net http://www.team.net/donate.html
>> Suggested annual donation $12.75
>>=20
>> Archive: http://www.team.net/pipermail/healeys =
http://autox.team.net/archive/healeys
>>=20
>> http://autox.team.net/mailman/listinfo/healeys
>>=20
>> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/healeys/warthodson@aol.com
>>=20
>> _______________________________________________
>> Support Team.Net http://www.team.net/donate.html
>> Suggested annual donation $12.75
>>=20
>> Archive: http://www.team.net/pipermail/healeys =
http://autox.team.net/archive/healeys
>>=20
>> http://autox.team.net/mailman/listinfo/healeys
>>=20
>> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/healeys/michaelsalter@gmail.com
>>=20
> _______________________________________________
> Support Team.Net http://www.team.net/donate.html
> Suggested annual donation $12.75
>=20
> Archive: http://www.team.net/pipermail/healeys =
http://autox.team.net/archive/healeys
>=20
> Healeys@autox.team.net
> http://autox.team.net/mailman/listinfo/healeys
>=20
> Unsubscribe/Manage: =
http://autox.team.net/mailman/options/healeys/rcw414@icloud.com
>=20
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<html><head><meta http-equiv=3D"content-type" content=3D"text/html; =
charset=3Dutf-8"></head><body style=3D"overflow-wrap: break-word; =
-webkit-nbsp-mode: space; line-break: after-white-space;"><div =
dir=3D"auto" style=3D"overflow-wrap: break-word; -webkit-nbsp-mode: =
space; line-break: after-white-space;"><div dir=3D"auto" =
style=3D"overflow-wrap: break-word; -webkit-nbsp-mode: space; =
line-break: after-white-space;"><div dir=3D"auto" style=3D"overflow-wrap: =
break-word; -webkit-nbsp-mode: space; line-break: =
after-white-space;"><span style=3D"font-size: 14px;">The costs you cite =
below are inexorably linked to the =E2=80=9CWhat to Do with our =
Healeys=E2=80=9D question that was also raised. Over the last =
several years, I have restored/built 3 cars with most of the work done =
by a local shop (one of which was a Bugeye). I needed to have most =
work performed by my shop. Although my skills are moderate and I =
enjoy turning wrenches, my time available to do so has lessened in =
recent years. </span><div><span style=3D"font-size: =
14px;"><br></span></div><div><span style=3D"font-size: 14px;">Given the =
above circumstances, I have easily spent 2-3 times market value on the =
purchase price, work performed, parts, etc. I consider myself =
lucky to have a trusted local shop, but depending on where you live =
(even assuming you are willing to spend the money), it can be =
extraordinarily difficult to get the cars serviced, let alone have =
significant restoration work done. I also don=E2=80=99t see the =
value of most Healeys going up much, and it might go down given the =
(arguably) shrinking market/demographics for these cars. =
</span><div><span style=3D"font-size: =
14px;"><br></span></div><div><span style=3D"font-size: 14px;">So given =
my recent experience, as much as I might love to own a BJ8 and would =
consider myself =E2=80=9Ca trusted steward=E2=80=9D, paying significant =
dollars (even for a beautifully restored car) in a declining market =
might not be the best idea. As for a car that =E2=80=9Cneeds =
work=E2=80=9D, I=E2=80=99m starting to feel like I=E2=80=99ve been there =
and done that a little too often. Also, there are fun (more =
modern) cars out there for similar dollars that don=E2=80=99t present =
the same financial risk and difficulties in selling. =
</span></div><div><span style=3D"font-size: =
14px;"><br></span></div><div><span style=3D"font-size: 14px;">Lastly, =
I=E2=80=99m 61 (so not =E2=80=9Cyoung=E2=80=9D) and I think those that =
are younger than me are an even tougher sell. I have 2 adult sons =
that have a moderate interest in cars and the =E2=80=9Cold cars=E2=80=9D =
they might have an interest in are probably from 2000-2010. =
</span></div><div><span style=3D"font-size: =
14px;"><br></span></div><div><span style=3D"font-size: 14px;">The market =
is undeniably softer than previously, but I actually think current =
values are a sellers market, even in the US. With the potential =
for declining demand, it=E2=80=99s hard for me to see an improving =
Healey market over the next 10+ years. </span></div><div><span =
style=3D"font-size: 14px;"><br></span></div><div><span style=3D"font-size:=
14px;">Jim</span></div><div><font size=3D"3"><br></font></div><div><font =
size=3D"3"><br =
id=3D"lineBreakAtBeginningOfMessage"></font><div><br><blockquote =
type=3D"cite"><div>On Feb 16, 2025, at 2:16=E2=80=AFPM, Michael Salter =
<michaelsalter@gmail.com> wrote:</div><br =
class=3D"Apple-interchange-newline"><div><div dir=3D"auto">Very good =
question. <div dir=3D"auto">All the work that you describe requires =
an individual with significant skill(s). These tasks are not something =
that your "run of the mill" parts changer can undertake. In our =
part of the world (Canada) those "parts changers", without breaking a =
sweat can easily pull in 6 figures which equates to $50/hr. $50/hr paid =
to the tradesman will typically be charged out at an hourly rate of at =
least $100.</div><div dir=3D"auto">In my book a full restoration takes =
1200 hours at least, usually a lot more to produce concours =
standards.</div><div dir=3D"auto">So labour ONLY $120K.</div><div =
dir=3D"auto">Parts and materials usually at least 50% of labour. =
$60K.</div><div dir=3D"auto">Incidentals at least another $20K</div><div =
dir=3D"auto">It's getting up there =F0=9F=98=B3=F0=9F=98=B3</div><div =
dir=3D"auto"><br></div><div dir=3D"auto">M</div><div =
dir=3D"auto"><br></div></div><br><div class=3D"gmail_quote =
gmail_quote_container"><div dir=3D"ltr" class=3D"gmail_attr">On Sun., =
Feb. 16, 2025, 1:40 p.m. warthodson--- via Healeys, <<a =
href=3D"mailto:healeys@autox.team.net";>healeys@autox.team.net</a>> =
wrote:<br></div><blockquote class=3D"gmail_quote" style=3D"margin:0 0 0 =
.8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div =
style=3D"font-family:Comic Sans =
MS,sans-serif;font-size:16px"><div></div>
<div dir=3D"ltr">The list has been very quiet for a long =
time.</div><div dir=3D"ltr">How about a discussion about the cost of =
restoring a BN1? </div><div dir=3D"ltr">The metal work is About 90% =
done. The remaining work includes final fitting all body panels, =
preparing for paint & final painting.</div><div dir=3D"ltr">Wiring, =
plumbing including rebuilding the brakes, interior, fitting the =
windscreen, convertible top, side curtains including providing all =
material where necessary. </div><div dir=3D"ltr">Rebuild the engine =
including all the machining. I have all the necessary =
components.</div><div dir=3D"ltr"><br></div><div dir=3D"ltr">Gary =
Hodson</div><div dir=3D"ltr"><br></div><div =
dir=3D"ltr"> </div><div><br></div>
=20
</div><div =
id=3D"m_6446190483034331511ydpaa12e928yahoo_quoted_0398894478"><div =
style=3D"font-family:Comic Sans MS,sans-serif;font-size:16px">
<div style=3D"font-family:'Helvetica =
Neue',Helvetica,Arial,sans-serif;font-size:13px;color:#26282a">
=20
<div>
On Sunday, February 16, 2025 at 10:46:32 AM CST, =
Mike Sinclair via Healeys <<a href=3D"mailto:healeys@autox.team.net"; =
target=3D"_blank" rel=3D"noreferrer">healeys@autox.team.net</a>> =
wrote:
</div>
</div><div style=3D"font-family:'Helvetica =
Neue',Helvetica,Arial,sans-serif;font-size:13px;color:#26282a;border-left:=
1px solid #ccc;padding-left:8px;margin:0px 0px 0px 8px">
<div><br></div><div><br></div>
<div><div =
id=3D"m_6446190483034331511ydpaa12e928yiv3642250353">
=20
=20
=20
<div><p><font size=3D"2" face=3D"Tahoma">Is it me, or is the list =
quiet? I
haven't seen anything for quite a while?</font></p><p><font =
size=3D"2" face=3D"Tahoma">Mik<br>
</font></p>
</div>
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