<html><head><meta http-equiv="content-type" content="text/html; charset=utf-8"></head><body style="overflow-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><div dir="auto" style="overflow-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><div dir="auto" style="overflow-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><div dir="auto" style="overflow-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;"><span style="font-size: 14px;">The costs you cite below are inexorably linked to the “What to Do with our Healeys” 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="font-size: 14px;"><br></span></div><div><span style="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’t 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="font-size: 14px;"><br></span></div><div><span style="font-size: 14px;">So given my recent experience, as much as I might love to own a BJ8 and would consider myself “a trusted steward”, paying significant dollars (even for a beautifully restored car) in a declining market might not be the best idea. As for a car that “needs work”, I’m starting to feel like I’ve been there and done that a little too often. Also, there are fun (more modern) cars out there for similar dollars that don’t present the same financial risk and difficulties in selling. </span></div><div><span style="font-size: 14px;"><br></span></div><div><span style="font-size: 14px;">Lastly, I’m 61 (so not “young”) 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 “old cars” they might have an interest in are probably from 2000-2010. </span></div><div><span style="font-size: 14px;"><br></span></div><div><span style="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’s hard for me to see an improving Healey market over the next 10+ years. </span></div><div><span style="font-size: 14px;"><br></span></div><div><span style="font-size: 14px;">Jim</span></div><div><font size="3"><br></font></div><div><font size="3"><br id="lineBreakAtBeginningOfMessage"></font><div><br><blockquote type="cite"><div>On Feb 16, 2025, at 2:16 PM, Michael Salter <michaelsalter@gmail.com> wrote:</div><br class="Apple-interchange-newline"><div><div dir="auto">Very good question. <div dir="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="auto">In my book a full restoration takes 1200 hours at least, usually a lot more to produce concours standards.</div><div dir="auto">So labour ONLY $120K.</div><div dir="auto">Parts and materials usually at least 50% of labour. $60K.</div><div dir="auto">Incidentals at least another $20K</div><div dir="auto">It's getting up there 😳😳</div><div dir="auto"><br></div><div dir="auto">M</div><div dir="auto"><br></div></div><br><div class="gmail_quote gmail_quote_container"><div dir="ltr" class="gmail_attr">On Sun., Feb. 16, 2025, 1:40 p.m. warthodson--- via Healeys, <<a href="mailto:healeys@autox.team.net">healeys@autox.team.net</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex"><div><div style="font-family:Comic Sans MS,sans-serif;font-size:16px"><div></div>
<div dir="ltr">The list has been very quiet for a long time.</div><div dir="ltr">How about a discussion about the cost of restoring a BN1? </div><div dir="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="ltr">Wiring, plumbing including rebuilding the brakes, interior, fitting the windscreen, convertible top, side curtains including providing all material where necessary. </div><div dir="ltr">Rebuild the engine including all the machining. I have all the necessary components.</div><div dir="ltr"><br></div><div dir="ltr">Gary Hodson</div><div dir="ltr"><br></div><div dir="ltr"> </div><div><br></div>
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On Sunday, February 16, 2025 at 10:46:32 AM CST, Mike Sinclair via Healeys <<a href="mailto:healeys@autox.team.net" target="_blank" rel="noreferrer">healeys@autox.team.net</a>> wrote:
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<div><p><font size="2" face="Tahoma">Is it me, or is the list quiet? I
haven't seen anything for quite a while?</font></p><p><font size="2" face="Tahoma">Mik<br>
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