In a message dated 12/3/2004 11:09:53 AM Eastern Standard Time, "BOB KRAMER"
<rkramer3@austin.rr.com> writes:
>How much is a restored long door TR2 worth? I have a friend who had his "high
>school" TR2 at a muscle car restoration shop for the last few years. They took
>his money and completely disassembled the car including tearing down the
>engine, tranny and diff, but did no actual restoration work other than clean
>and paint a few pieces. Recently their "British" specialist quit. He has asked
>me if I can help him to get it restored through my club and local business
>contacts. The car is worse than a basket case, has frame damage, needs battery
>box, floors and rockers as well as other patch panels. I estimated out the
>parts and labor and it approaches 30K. I'm tempted to suggest that he sell it
>off to someone that wants to restore it themselves and buy a nice TR2
>somewhere. So, what do well restored long door TR2's bring?
============
Bob, I suspect your estimate of $30k for parts and labor is in the ballpark.
Meanwhile, the only handy reference I have (online) is the NADA guide, which
suggests a value at somewhere over $20k, but that's not for a "#1" car.
Considering how early a car this is, correctly restored it might well bring
nearer to $25-30k when done? TS333 is a REALLY early car and presumably has (or
had originally) not only the long doors, but an aluminum bonnet and the early
Lucas L471(?) taillamps that look like those on the MG-TD, among other unique
features.
If there's enough there, the car might almost be worth restoring from the "sell
it for what the restoration cost" perspective; regardless, it's worth someone's
preserving it if at all possible, IMO.
--Andy Mace
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