Hey Gang,
This is a 3 part question that I feel is connected and relevant enough to keep as one thread. If you reply to one aspect of the 3 questions, please put a #(1-3) before your response, so others know what question you are responding to.
I'll start off by saying my car is more of a passion or love affair and its restoration has more to do with its sentimental value and memories it made for me as a teen. Having shared that, a lot of my hobbies have an intrinsic component, meaning they tend to be good investments that seem to justify the enjoyment I get while knowing they appreciate is comforting too. That is why I don't collect lint or suppositories,lol. I share this because the business side of me says to protect the value of the investment, but money is not everything especially in regards to my cars. I am not looking for replies that say things like,it's your car, make it the way you want, or you will never recoup the money, so what does it matter. I am more looking to get pragmatic, constructive feedback on some questions that have been nagging me of late regarding both aspects of parts and restoration direction and overall value.I know these questions do not have a simple yes/no. It will be a collaboration of experience that I hope to draw an understanding of some decisions I need to resolve before I proceed further in my restoration. So you swap meet types, and guys who have been down the" money pit highway" of restoration, weigh in on what you see and experience. You guys and your opinions matter and the experiences and view points are appreciated, so here goes:
1) Parts- I have many NOS parts acquired years ago before prices rocketed. I also have many "scarce" items like original curved neck BB radiator, endura bumper/jack etc...My car does not have the "coveted" paper work or matching engine. I kind of relish the fact I have these original parts, but realize they may not affect overall value of the car once finished. I also realize I could sell some of these items for a substantial profit and use the money towards fixing my body and paint. There are a couple of sheetmetal parts I still need. Would you sell the NOS stuff and get reproduction (read all the stories about fitting), sell radiator and such and get repro to replace? The couple of items needed are a LH fender and deck lid. Would you look for NOS items since everything else you already have is NOS, so you can boast no repro body panels, or mix the parts or sell the NOS?
2) This has to do with reproduction parts used values ( a vague area, I find). I scour the web on occasion looking for parts, like many here. Most items that I need now are available as reproduction and most likely the only way to go as far as cost and availability, like rubber items and some chrome stuff. Is there a rule about prices to pay for repro parts sold by private parties, left over from their resto? I ask because many prices for these repro parts from sellers are as high or higher than going to the vendor? I mean, this stuff is not hard to come by, it can be bought any day of the week, so why the high price? Is there a rule ( a depreciation) applied or accepted for such parts that guys, here, might have a consensus? How about stuff that is new, but bolted on only, sometimes never left the shop or showroom? Is that still a new part or is it like when a car is driven off the lot and has some depreciation? If you are trying to buy a repro part, like an outer door handle, how can you tell if it is the $34 pair or the $90 pr. and if the person does not know, what price would you offer not knowing?
3) This regards overall car's value after restoration. I have read on this site some opinions about values of restored cars stating it does not affect the value of the car overall if NOS vs. Reproduction sheetmetal (I assume other type parts as well) are used. You will not recoup your costs (for NOS). So, why use these parts? I have my own personal reasons, like I do not want/like repro parts or want Chinese stuff on my beloved car. The reality is, I will have to eventually put some items that are repro. So how much repro does it make a difference in value? Should the whole car be repro, because it does not affect value? If you considered a purchase, how does the following statements affect value? "car has all original panels",Car has mixture of original and NOS panels", "Car has new sheet metal" Now, I am not talking about how desirable or what you would prefer, I am seeking how it affects the overall value. Should parts replaced be as little as possible, protecting integrity and originality of car? Unlike the 1st question of should I keep it all GM opposed to selling off parts and going the repro route? I am looking for % of repro parts vs total overall value to car opinions here?