Author Topic: RESTORATION DILEMMA  (Read 6012 times)

mbcko

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RESTORATION DILEMMA
« on: July 20, 2010, 17:20:16 »
Hello All

I recently acquired a 1966 230SL. I was not actively seeking this car, I stumbled on it and it was offered at a low price that in the end I could not resist. Of course, I was aware then, (although I am MORE aware now), that restoration costs would likely well exceed the market value of the final product, (although the selling prices of these cars seem to vary WIDELY with, however, a general consensus that these cars will continue to appreciate materially for the foreseeable future).

As I live in the East Coast, my example is fairly rusty. I know that many members here would not undertake a restoration on a rusty car in the first place, but I talked to many shops in various regions on this subject and the ultimate prevailing opinion would seem to be that "all of these cars are worth saving".

I am not a person of infinite means and, as such, am attempting to restore the car as efficiently and economically as possible, without cutting corners and doing the car an injustice. As such, I am looking to be somewhat creative in undertaking this project.

In researching my options, I have come across a redone shell, which is ready for paint. In talking to a few people, including a gentleman who owns a bodyshop, it would appear that my buying this finshed shell and moving forward with the restoration from that point would save me $10K+ (at least) on the whole project.

Of course, there are some inherent problems with this approach; the most obvious being that the numbers would not match on the car. (With respect to my car, it is silver - which I would like to keep, with a blue interior - which I would like to change to red. The original color of the shell is dark green - which I would not keep in any circumstance). At the end of the day, I want a quality driver, not a museum showpiece that I would be afraid to take out on the road. I am also definitely not looking at this as an investment. That being said, ideally I still would not take a course of action that would highly compromise or destroy the car's market value at the end.

So my question and request for opinions from those with experience....Would the acquisition of the shell be a constructive move as a short-cut toward the restoration of the car? Or would I be better off in the long-run tackling the car that I have, knowing that the rust challenges could escalate almost endlessly, although the eventual, final product would be original, (save for the interior color)??

Thanks very much in advance for any advice given.

thelews

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Re: RESTORATION DILEMMA
« Reply #1 on: July 20, 2010, 17:31:15 »
I'd dump it and find a car you like, in the condition you like, for sale.  You'll be way ahead moneywise.  But, if the thrill of restoration is what turns you on, find your number and then double it.

Just my opinion.

Here are some examples...

http://www.motoringinvestments.com/mbz.htm
Enjoy some pictures at this link:
http://www.flickr.com/photos/8292359@N06/sets/72157603240571101/show/

John - Wisconsin
1967 Early 250 SL Red/Caviar, Manual #1543
1961 190 SL 23K miles
1964 Porsche 356
1970 Porsche 911E
1991 BMW 318is
1966 Jaguar XKE
1971 Alfa Romeo GTV 1750

dseretakis

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Re: RESTORATION DILEMMA
« Reply #2 on: July 22, 2010, 00:38:15 »
thelews gave some sound advice but anyway you may be interested in the restoration process which can be both gun and frustrating. How much rust does the car actually have. If there are not gaping holes everywhere then I might consider fixing what you have for the sake of originality. Are you willing to do any of the work yourself? The bodywork is where the money is so if you have any desire to learn some metal fabrication and welding then you will save a whole lot of money and probably really enjoy yourself. Post some pics so that we can get a better idea of what you have.

jeffc280sl

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Re: RESTORATION DILEMMA
« Reply #3 on: July 22, 2010, 01:16:20 »
Some pics would be helpful.  It would be good to know where you have identified rust.  Those that have dealt with their share of rust can point you to common areas like the inner frame rail along side the drivers left foot.  Its covered by carpet and it can hide bad rust areas.  No need to ask me how I know.

bossanov

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Re: RESTORATION DILEMMA
« Reply #4 on: July 26, 2010, 14:02:46 »
Someone once told me that restorations are like big expensive weddings - everyone wants one. And then once you have had one, you immediately wished you had spent the money on something else.  My advise is the same as for big expensive weddings, your decision should be based on how wealthy your parents are :-).

B.

lurtch

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Re: RESTORATION DILEMMA
« Reply #5 on: July 26, 2010, 18:06:44 »
If I were you I would do this:  Just spend your time tinkering with and enjoying driving the car. If you are like many of us, you will eventually develop a deep affection and devotion to the car. After a year or so of ownership you will perhaps reach an understanding that : " HEY!   - - I LOVE this car and do not want to part with it!"  .  I would also recommend coning to Pagoda University Blacklick  in OHIO next year and thereby really immerse yourself in the folklore of this automobile. There you will meet the core of rabid Pagoda-philes that makes ownership of these cars so special.

Just a thought,


Larry in CA
Larry Hemstreet  in  N. Cal.

1966  230SL  (restored) Met. Anthracite w/ Maroon leather
1981  300TD-T (Concours condition, 86K, GETRAG 5sp.)
1982  300TD-T (parted out)
1986  560SEC (totaled)
1991  300TE (gifted)
1998  E320 (sold)
2004  E320 wagon (gifted)
2008  CLK550 Cabriolet

J. Huber

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Re: RESTORATION DILEMMA
« Reply #6 on: July 26, 2010, 19:35:27 »
Well, it seems like you got both ends of the spectrum here -- which is what a good forum is all about, I suppose. I think I agree with Larry -- since it sounds like you already own the car. Get it running, start driving it, and then begin "fixing it up." That does not necessarily mean ship it off to fix the rust in the first week.

One thing that sometimes gets lost here is that these cars don't have to be "completely restored" to be enjoyed. I submit that if you get a Pagoda to run decently, and clean it up as best you can, you will start to enjoy it. Its a cool old car. In time, if you become hooked, you will start tackling the big items.

Of course, if it is so rusty that it is too dangerous to drive, disregard what I just said and punt...
James
63 230SL

Benz Dr.

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Re: RESTORATION DILEMMA
« Reply #7 on: July 26, 2010, 22:52:06 »
I don't see too much in the way of advice here which is what the guy is asking for. The opinions make fair sense though... ;D

  First of all, how much was this cheap car? That's important because it lays out where you are right now.

How rusty is it? That question was asked, but again, it's part of the equation.

How much is the clean body shell? That should be worth 10K if it's done right.

The VIN numbers mean nothing. Your current title would be on the new body shell and the only one you should be concerned about. If it doesn't have a title you better have one before you lay any money down.  :'(

Changing colour and interior is up to you. This has nothing to do with your current dilemma. Actually you don't have one. If it's a total rust bucket, part it out. Contrary to opinions you'll get around here, not all cars are worthy of restoration. Some are simply too far gone to make any sense to even consider.
 
I've parted out four 113's and it didn't bother me one bit. If they were any good, I would have restored them. And, the parts from those cars enabled me to put many more back on the road at affordable costs.


 
1966 230SL 5 speed, LSD, header pipes, 300SE distributor, ported, polished and balanced, AKA  ''The Red Rocket ''
Dan Caron's SL Barn

1970  3.5 Coupe
1961  190SL
1985   300CD  Turbo Coupe
1981  300SD
2013  GMC  Sierra
1965  230SL
1967 250SL
1970 280SL
1988 560SEC

john.mancini

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Re: RESTORATION DILEMMA
« Reply #8 on: July 28, 2010, 19:41:04 »
Dan is 100% correct. There! I said it!!
John
John
65 230SL 519 Red 4-sp
98 911 cab
56 Ford F100
08 Porsche RS60 Spyder
23 Z4M40i