lazyeye6
VIP MEMBER
- Joined
- Feb 28, 2014
- Messages
- 1,148
right! I totally understand. as for feeling lucky, as the old saying goes, "if I didn't have bad luck, I wouldn't have any luck at all." it's not so much as wanting an A65 as I've always wanted a spitfire since I was in my 20's. being retired, today, it's more about a project and not so much the ride. I realize the engine is an unknown and I have to assume the worst. my original question was coming up with a dollar cost amount to negotiate a price. I can see how a minor rebuild to a major rebuild could be anywhere from $1K to $3K or maybe more.
I did some research on spitfires that have sold in the last 6 years. I found 23 verified sales - most from auction sites - mecum, barret-jackson, bring-a-trailer, etc. fof the 23 that sold from 2014 to present - average selling $9330 with the last few years being a little on the soft side. these seem to be VG to excellent condition spitfires. now if I use that as what it will be worth when i'm done, less restoration costs, and I figure I could drop $5 grand in this thing without batting an eye, I figure $4500 is about my absolute max. to be honest, not sure it's even worth the investment. besides, I doubt there's that much wiggle room in his asking price. don't have a warm-fuzzy this is even going to pan out.
And, what you get for your money with a Spitfire is: Aluminum shouldered rims ++, A hotter cam +-, and a fiberglass fuel tank --