2000CA

Phemisg said:
Keeping in mind that I'm sure PO had more than that in it.
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Well yes, but the economics of car restoration work that way. It is easy to exceed the market value when restoring a car. The fact that the seller was willing to put his reserve at slightly above half of his investment in the car (which is about where Hagerty puts its market value) suggests that he understood this. He was fortunate that bidders took the price closer to his investment, rather than only to the car's market value, but it doesn't always work that way.
 
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You could get a lot of E9 for that money... or a 2000CS 4spd plus a rusty E9 to pour the rest of your cash into.
 
HB Chris said:
From someone here and not me who saw this coupe the owner had invested around $100K and the reserve was slightly above half of that figure.
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A little birdie told me the reserve was $41K with high hopes of $60K.

Nice little car. I drove her. It was worth $110K to someone.

As sellers we rejoice. As buyers we lament.
 
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