If RM restores a car it pretty much is restored to original or as close to it as possible. My car was imported into Canada in 1992 from Florida and then restored by RM here in Canada. The work was done for a multi millionaire, he had it done for his wife as a birthday presant. She owned the car for 20 years and only drove her 4000 miles in all that time. I paid less then $50K Canadian for the car. In 6 years my car value more then dubbed, mind you I found and then purchased this reliable driver. In all that time spend slightly over $2K Canadian on maintenance, I guess I was lucky to find her (in slightly over 6 years she saw 13K + Road Miles).
Now to your question about the sale for the one above for 240K in my opinion it all depends who wanted the car most and who had the most money. Quite often at Auctions, things get out of hands if two or three are beating against one another. So i’m Thinking the one that got the car had the most money and to him or her 240K was just pocket change if they had billions in the bank. The car we are talking about here will most likely become a garage queen and that is a shame IMHO.
Is or was the price right? I don’t think so. Those folks (the ones with deep pockets) are driving the price of cars and parts up, something that most of us do not appreciate.
I might be wrong in my thinking here.