OK, I need advice. I have a '68 250 sl that needs a restoration; stopped kidding myself! The car looks fine at 25 feet; and still has shiny paint.
see pic:
http://www.mbca-ct.com/roadstersofthe60sandearlier/view.nhtml?profile=roadstersofthe60sandearlier&UID=10003But, the main issue is the rust and body. I have invested about $15,000 in the car; including a rebuilt engine; Fuel Injection pump; rebuilt front end/kingpins; canvas top, brakes; shock,fuel pump; tires and many new parts/service over the past 14yrs. It has served as a summer/beach car. However, it still needs a lot:
-Body needs to be stripped
-Driver floor rusted
-Hood/Body top has bubbles
-front left panel edge PEFORATED & headlight bucket rusted
-rear left panel edge & inner wheel arch rusted
-Bubbles under all chrome trim on body
-quarter panels, rear of tire have bubbles
-Trunk floor rusted
-Left frame rail /jack strut rusted at back end
-4-5 dents
-All bumpers need to replated
-Grill/STAR/BARRELL needs to be straightened/replated
-Both seats need to be re-built/recovered
-Rug is OK; one or two sections needed
-Dash leather is fine/doors leather panelsfine
-wood ok
-All lights; radio, instruments; trim fine.
-Overall; car is complete and all options systems work & are complete; no hard-top.
However, there is alot surface/edge/bubble rust.
So, my dilemna is where do I take this? I want a daily driver NOT a concours 100 point car. A car I can drive to a local car show or out on special occasions.
I am happy to spend another $15-20,000 to get this restored (i have been told the sheetmetal alone is $3500-5000); but spending north of $30-40k all-in is worrisome. As a banker, I can't get myselft to spend more than soemthing worth; in this case I will go $5-10k over but not $10-20k
So, bear with me as a I am a restoration/paint/body work rookie:
-Is spending less than $5-10k on repairing panels/new paint a waste of time; (ie, must eradicate every speck of rust & dis-assemble all body pannel to frame?)
-Do I go to a local body shop that has experience with older euro cars and have them do the panel & body/paint (ie, remove all chrome; tape off glass/rubber/interior]; then send seats out and have a carpet kit & replating of bumpers done on my own.
-Do I go further and have a mid-level shop have the body removed and totally restored/and structurally repaired; with engine/drive train removed. But, not do a complete nut/bolt mechanical restoration; ie; car re-assembled and any mechanical systems corrected/serviced as needed.
-Do I send it to one of the elite restoration shops (Scott; Hatch; Silver Star; wth; white post, etc) and let them to a 100% body off restoration and return it to as-new with all new rubber, chrome, wood, leather, etc. & swallow the $35-40k additional cost.
I am asking, because almost every restoration shop web site say its possible to spend $100k and 50,000 hours on this car; and everything is on time/material basis....with estimates at a "best guess".
I have a strong emotional attachment to the car, as I bought it out of college at 23 as my first real car and have drove it since. However, I am aware that there are aspects of this car that are not perfect (ie, vintage roadster quirks; no a/c; long distance comfort; non-airbag/s-belts safety) and justifying paying $40,000 on it make it an issue vs. buying the new 350 SLK for not much more [not that i would do that!]
Any advice; on $ amount levels [hi/lo] spent in the USA on these 4 scenarios appreciated.
Thanks,
Kayvan
NY City