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Originally Posted by chicagoglen
sorry if this has been posted before or also sorry if I step on anyone's toes. I am a newbie and want a I build a 1947-1953 sleeper rusty Chevy pickup on a conversion frame. I am shocked at fully restored prices of mint 1947. - 1953 in this Barrett-Jackson auction. Chevy trucks in this auction are going for $15,000 -$25000. These must be huge losses right?
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I was watching that last night and saw a nice restored AD truck go through at 22k...I had guessed 23k. If the seller had it built by someone and paid the bills he took a huge loss. There were some good buys.
If you haven't already, it might be informative to search for vehicles like you have in mind to build that are for sale. See the asking prices or what they sell for on auctions to get a feel for that market.
And if you want to build one because you enjoy it, be thoughtful with what you spend money on and go for it. I have friends that spend more on golf in a year than I do building a hot rod. At the end of a year or two, they have memories and I have a hot rod.