Thank you for that wonderful trip down memory lane…mine was a 1969 MGC GT, $500 because it had a Buick 231 ci v6 and a Turbo hydramatic 2 speed auto. but the body was tin-worm free. had to get it 50 miles home with a busted tranny. Spent all that tow truck money, serviced the tranny at AAMCO, brakes: omg took baths in girling brake fluid rebuilding all the rubber bits. wire wheels needed no work, so almost lucas free and Stromberg free, i had a ball. Almost 200 percent profit on sale.
But, i have to ask, have you reviewed the Jay Leno interviews on buying old cars? he comes to mind because he nutshells the lambo. "Dean Martin bought the Miura brand new, but when his kid blew it up, a friend who was a schoolteacher at the time bought it, thinking he could fix it.
Leno recalled that because of the prohibitive cost of fixing the car, the schoolteacher’s wife suggested that her husband “just give it to Leno, he likes cars.”
So Leno did take it, fixed it up, and it’s now one of his favorite cars."
Leno went on to explain, back then, nobody fixed up a broken car. like the poor schoolteacher found (and you) the cost was prohibitive, so these old wrecks went to clunkerville heights aka junkyard. even the underwater lotus (lotii?) from the james bond film were abandoned in the Bahamas.
and then the late 80’s beanie baby collecting sickness started. the companion article to this about the wrecked miura in the alps (i mean dumped off a mountain wrecked ) brought several vultures postings asking, wondering, where it was…$$$ signs in eyes.
who, pray tell, are going to buy your junkyards collection? If i want a Lambo mucilage, i want it provenanced to the receipt for every tank of gas purchased, every service, every mile driven, every part replaced with genuine lambo parts. then i’ll pay market rates. But a restored crip that should have been left as a hulk sold for parts, ain’t no way i’m touching it, period.
And all these rusty barn finds are somehow getting a nice enough coat of lipstick on their pigskins and showing up competing dollar for dollar with real museum pieces. Buyer beware!!! (the saving grace is these lunkheads can’t resist youtubing how they bought a basket of parts for $5 and sold a like new Ferrari F40 out of it for 1.5 mill.)
Museum pieces…that’s all one has. don’t dare drive em, they were rebuilt, with the same non-existent reliability they had when they were new. you don’t dare invite somebody to your house for fear they are casing the joint. Someday when your wife has left you because of the metallic excretia in your yard, your kids can’t afford community college, and you’ve run out of your parents inheritance, you ourter look into the accumulation of money; not faded dreams you couldn’t afford when new, can’t afford to fix correctly now, and which will be simply worthless, because everybody else is hoarding the same damn things.
Leno was a millionaire. Now he whores his garage on tv for money, and all i ever see is alot of talk and one shot of him driving in an old clunker with the wind blowing through his hair, after the Chips guys were called in to clear a 1 mile stretch of road from all the LA traffic so he could pose in his cool car driving instead of creeping 5mph in bumper to bumper traffic.
Don’t drink the cool-aid, kid.