07-26-2022, 08:03 PM
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#27
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Drives: 2022 Lt1 A10
Join Date: Nov 2015
Location: clark, mo
Posts: 8,882
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Quote:
Originally Posted by Sephx1
Thanks, as Strange Flavor said it can be tricky. It’s a hobby for me, I guess I discovered that I like to rescue cars lol. It’s a great place to spend my time after dinner instead of on the couch watching TV and having a cocktail. It is possible I’m sure to do it for profit but I am a contractor with better opportunities in the construction field during the day.
You have to assume that there is a good reason why the car was condemned to the auction/salvage yard to begin with. Just because it looks like it needs some minor bodywork and TLC in the photos there’s almost certainly some surprises you don’t see. Even when you go to inspect them in person you can’t see all of the frame and suspension or anything underneath the car.
I bought this car because the ZLE is a pretty sought after car that has a high value and likely will continue to hold its value in the future. Also planning to take it to the track. Of course restored title vehicles will not have as high of a value as a clean title car, but I’m willing to bet if it’s done right and documented someone will want the car and the discounted price is what will make ownership possible for them. With that being said, I personally would be leery of a restored title vehicle purchased to flip because I have seen all of the ways you could cut corners and not replace parts to save money. I only know one way to do things and that’s the right way, which is why I don’t flip cars or houses and would never buy either.
The 2016 Camaro I bought last year that caught fire went for a final bid of $5900 and I restored it in 2 months. With all of the wiring burned at the fuse box it could easily have been a complete basket case in the wrong hands, but I put in the time, effort, research, and resources ($$) to make it a success, and it is a great car with zero issues. My son helped me with it and I gave it to him for his 16th birthday in June.
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Man you did a great job on that one, I can imagine the real Zl1 with look just as good. Thanks for posting all the info and most wouldn't have any idea how to perform these rebuilds as you do.
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