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Re: $28,500 for a 72 Cheyenne....Never thunk it
One thing about the big auctions, the average person sees something sell for $100,000, and since they have never been through the experience of a frame off resto, they simply cannot understand what that means, as far as the amount of work and money involved. Most people think you buy a $5000 project, invest another 15 or 20 grand, and then sell at Barrett-Jackson for a huge profit. The reality of it (especially now) is that any car that fetched $100,000 at auction, probably had closer to $150,000 invested. If you have money to spend, there has never been a better time to buy than right now!
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