I agree that if the seller looks at what it might have cost to restore this
car the $55,000 asking price isn't out of line. The problem is a typical
buyer doesn't care what it cost to restore. Buyers are mostly concerned with
"is this car worth $55,000 on the open market?" If the car had cost $100,000
to restore, should a buyer pay $110,000? Which probably reiterates that
point that has been made before, it's pretty tough to recover the cost of
restoration when it's time to sell.
I have a feeling that it could go for $45,000+ to someone new to the Tiger
market.
M
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