[keith k]

Originally Posted by vertigto

Interesting (to me) that it is being sold by a restoration shop that could conceivably do all the lifting at their cost and sell for big $$. I guess they are banking on an individual with similar skills to do it for themselves without involving a shop?

Since it's not road worthy as is (i.e., This is a project car that will lot drive. "Lot Drives" means with a good battery it can be started and will move. That does not mean it is a road worthy car.)...I gotta figure at least a six figure+ resto. With an entry fee of $55K, would this car be worth $200K or more? Or do you just make it reliable/not pretty and call it a day?

"Their cost" is not what they pay their employees per hour ... it's what they can charge per hour for their employees' labor. Which is a big number. That's why they generally flip them, putting only the minimum amount of work in to make them saleable.