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Restoration Costs


mikew

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I have just visited a Triumph specialist - cannot say where or who BUT they were completing a Valencia Blue MK1 that has just had in excess of £70,000 spent on it !  Absolutely every last nut and bolt was original and reconditioned.

It was ffffantastic, a work of art, certainly better than when it left the factory, sadly its leaving the country when complete so we won't see it on the road here.

Someone obviously really really really appreciates the big saloons, what an investment.

mike

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Yes Mike, but how much would it have cost if you had given your 4x4 estate to a specialist restorer to do? You probably would not have got the same level of detail and care that you have managed with yours, and I would guess the bill would have been more than £70k!

Brian, the guy who did my bodywork, is an Alvis Restorer. His clients pay £75k for a car, then give it to Brian to fully rebuild with a £200k bill...............

And they say there is a recession on!!?!

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mikew wrote:
I have just visited a Triumph specialist - cannot say where or who BUT they were completing a Valencia Blue MK1 that has just had in excess of £70,000 spent on it !  Absolutely every last nut and bolt was original and reconditioned.

It was ffffantastic, a work of art, certainly better than when it left the factory, sadly its leaving the country when complete so we won't see it on the road here.

Someone obviously really really really appreciates the big saloons, what an investment.

mike


The saddest thing is that it will probably never go on the road there either. Personally I have a big problem understanding why anyone would spend that sort of money and never use it. Cars were designed to be used and not shut away in museums / garages to be admired even if it is a never ending task to keep them on the road...

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AlanChatterton wrote:
Yes Mike, but how much would it have cost if you had given your 4x4 estate to a specialist restorer to do? You probably would not have got the same level of detail and care that you have managed with yours, and I would guess the bill would have been more than £70k!

Brian, the guy who did my bodywork, is an Alvis Restorer. His clients pay £75k for a car, then give it to Brian to fully rebuild with a £200k bill...............

And they say there is a recession on!!?!


I suppose you are right, I am at about £18k spend on parts now, with I estimate another £3k yet to spend, plus paint costs and 800 hours labour - assume a garage could have done it in 2/3rds the time I have taken that's 600 hours at £80 an hour £50k ish so getting on for £70k now - gulp and I am not finished yet.

Brian's Alvis restorations are in another league, and somewhat rarer than most Triumph.

Still it was a beautiful car, I hope it gets driven and enjoyed.

Chris Allen has a good point about a recent Herald restoration of similar value, and that's on the road. I intend to drive mine too

mike



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Certainly good that someone is willing to spend that kind of money.

I think Howard would approve of my way of spending £70,000 though ;)

With that money I could buy a very good Triumph - or maybe more than one and then drive them round Europe, or ship one over to the states and drive it all over there too.

What a great adventure - £20000 on a car or two and then £50000 buys alot of fuel and pays alot of travel bills 8)

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mikew wrote:
I have just visited a Triumph specialist - cannot say where or who BUT they were completing a Valencia Blue MK1 that has just had in excess of £70,000 spent on it !  Absolutely every last nut and bolt was original and reconditioned.

It was ffffantastic, a work of art, certainly better than when it left the factory, sadly its leaving the country when complete so we won't see it on the road here.

Someone obviously really really really appreciates the big saloons, what an investment.

mike


Hey Mike,try and find out who the buyer is,then ask them if they want a '67 cherry to keep it company 8)  great to see you "back in the saddle" Superb work!  Bill.

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Hey Mike,try and find out who the buyer is,then ask them if they want a '67 cherry to keep it company 8)  great to see you "back in the saddle" Superb work!  Bill.


I promised I wouldn't reveal too much, so the owner didn't get upset.

Thanks for the compliment on the work too

mike

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Hmmm, my GT6 will have cost a fair amount by the time it's finished. The bodywork and painting will be around $12,000 Australian, the engine maybe $5,000, the seats and interior $3,500... add in a Subaru diff, CV halfshafts, a different gearbox, extractor manifold, EFI components...and then there are the innumerable bits from eBay. No change out of $25k, say 15,000 pounds.

Then again I've been lusting after a GT6 since the mid-nineties, so it's money well spent. And I'd hate to think what I would have gotten up to otherwise  ;)

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mikew wrote:
I have just visited a Triumph specialist - cannot say where or who BUT they were completing a Valencia Blue MK1 that has just had in excess of £70,000 spent on it !  Absolutely every last nut and bolt was original and reconditioned.

It was ffffantastic, a work of art, certainly better than when it left the factory, sadly its leaving the country when complete so we won't see it on the road here.

Someone obviously really really really appreciates the big saloons, what an investment.

mike


Don`t understand why you can`t give out name of specialist Mike ? would be nice to see what standard the workmanship is, didn`t realize the car restoration business was so cloak and dagger  ;)

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Fuzzy_Harris wrote:


Don`t understand why you can`t give out name of specialist Mike ? would be nice to see what standard the workmanship is, didn`t realize the car restoration business was so cloak and dagger  ;)


What's happening with your Lines cars then Fuzzy?

Colin.

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AlanChatterton wrote:


............ lights blue touch paper and scarpers...........................!


;D ;D ;D ;D  no paper gettting lit Alan, not much happening with the lines v8 cars, got a list as long as my arm to be getting on with before anything happens, have cleaned VYD 3M up a little bit as i may bring it along to stonleigh "as is" the saloon is still sitting in my mates garage.

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