[Formulajones]

Not to sound like a broken record here, but if he indeed wants $25k for each car, then I agree that's extremely overpriced for a car that needs completely torn apart and restored. You'll have $60k or more in just one to do it right, and likely more money if you have to pay someone to do the work.
So you have to ask, what are these cars really worth in todays market, even if only brought back to nice driver condition?? For these cars to sell and make it worth while to most car enthusiasts out there, the purchase price and cost of restoration would have to be near that magical number. Otherwise they'll sit and rot.
You can find better examples for that kind of money, add another $15-$20k and you can buy a pretty nice complete HO and have instant enjoyment for a hell of alot less money in the long run.
Restoring these cars and loosing your ass on them would have to be for the sheer enjoyment and love for the hobby.