Imagine making a whopping $925,000 in less than 25 years without barely lifting a finger. Well, that was the reality for one lucky Holden 1996 HSV VS GTSR (ex) owner who sold their old boy for a massive $1 million! But this isn’t the first classic car to earn its owner a precious little dime.
A 1969 Holden Bathurst Monaro that cost less than $4000 back in its day, just sold for a massive $320,000. In 1971, the “world’s fastest four-door production car,” the Ford Falcon GTHO Phase 3 which only cost a measly $5,000 in its release, sold for an eye-watering, life-changing, $1.3 million in September 2021.
So, how do you get on board the money train? Let’s talk about car restorations.
Should I restore my car?
If the potential to earn bulk cash has caught your attention, you’re probably wondering if you should restore the dust collector parked in your garage. First, you need to work out what it is that you intend to do with your car.
If you intend to keep your car for an extended period, or if it has sentimental value, it is worth your while to restore it. You may be thinking of handing down your classic car to your son or daughter, keeping it in the family so they can make memories with it.
Let’s face it- who wouldn’t want a classic car? They cost less to acquire, maintain, and register. You pay fewer taxes and insurance too.
If you have a classic car and you’re purely keeping it to make a profit in the long run, it is definitely worth restoring! A restored car that is just as aesthetically pleasing as it is functional makes it incredibly valuable. The thought of driving away an already restored car ready to hit the road is appealing to many buyers.
Or maybe you purely want to enjoy it yourself? If you desire long, lazy Sunday drives, this gives you even more reason to restore it to its former glory. You’ll be one step closer to returning to the road by restoring it to top condition.
Should I engage a professional to help me restore it?
Now that you have decided to start on your car restoration journey, the next question you are probably thinking is, should I do it myself, or should I be getting a professional?
We get it – it’s your baby, your pride and joy and you’ll want to be hands-on with its restoration as much as possible.
When you work with a company like Bodytech Automotive, you will be confident in knowing that we will also treat your car like it’s our pride and joy, thanks to our quality workmanship and high-calibre work. After we are finished with it, your historic car will perform better than it did when it was first manufactured!
What should you know before restoring a car?
The safest and most cost-effective method for reducing your restoration project is to bare metal, so that bodywork and paint can be applied following car sandblasting and automotive abrasive blasting.
At Bodytech, we can provide effective sandblasting in Sydney and surrounding areas for any car restoration project. Not only do we offer sandblasting services, but we also provide top-quality powder coating for vehicles and related parts.
When you want to give your car a coloured finish, powder coating is a more reliable and long-lasting solution. Yes, hiring a professional for a car restoration might be expensive because some repairs cost more than the car itself. However, some classic cars will appreciate their value within either two to five years, ten to twenty years, or even thirty years.
The bottom line is that car restorations can be expensive, but the value they can add financially and sentimentally can be substantial. Suppose you are on the fence about investing in restoring your old gem, or perhaps you’re getting the subtle hint that your partner isn’t happy with all the time you spend in the shed.
Who knows, you might also have a couple of hundreds of thousands just collecting dust in the garage. In that case, it’s time to pick up the phone and call a professional car restoration company like Bodytech. We offer a complete car restoration service, including sandblasting and powder coating services in the Sydney area.
To discuss more, give us a call on (02) 9680 2017 or head to our website to send us an enquiry.