There will be nothing left to restore is SOOOO right, NOW is the time to make all your big moves towards those last purchases. Right now.
Over this next year the opportunist will be looking for those few left out there to rebuild and cash in at BJ or something similar. Holding out for bargains is not an option anymore, too few and far between.
Take for example this 69 Judge Rag that there is a slim chance could be bought. Even if you spent $10,000 on parts and let’s say $25,000 in labor to restore; maybe you do some of the labor and save a few dollars, you still end up with a 200K plus car at today’s prices. So you could theoretically offer the current owner 150K and still make 10k right off the bat. Hold it for another 5 years or so, and who knows what it will bring then? I don’t think the market will top for at least another 10 to 20 years.
Disclaimer: these may not be realistic figures, but just a starting point for discussion.
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