We have all been in a situation where we have the choice of disposing of a very old car or restoring it. What you decide usually falls to how much you care about the car, what the value is, and if the expenditure is low enough to justify the restoration. You may ask how much does it cost to restore a car, and the answer is a bit tricky.
Many factors go into deciding the budget for restoration, and for the most part, if a vehicle is in very poor condition, it isn’t worth it. However, if the car has some salvageable parts, and the body itself isn’t in a really bad condition, then maybe it might do you good to have it properly restored, and ready to get back on the road again.
Cost to restore a car – Tricker than you may think!
What cars are worth restoring? – Some suggestions!
Now, the thing about restoration is that it can be a bit tricky to know which car is worth restoring. You may think that a car has enough value, but turns out, restoring it cost way too much in the long run and wasn’t worth it. So, what cars are worth restoring? Well, that too comes down to how much you want to spend, and for now, we are going to look at cars that are affordable enough to restore.
The Plymouth Barracudas is quite possibly the best car to restore.
Even though it can still cost some thousands of dollars to restore, it is worth it. This 70s model vehicle, when restored, can look beautiful, and perform amazing on the street, without costing you a fortune.
Another great car that has a vintage and classic look is the Oldsmobile Cutlasses.
If you can find something about this vehicle, you are in for a surprise. This car is excellent because its build quality is one of the best made. It’s a strong vehicle and has a very sleek look that can still impress if you restored it fully, and drive it on the roads again.
The last vehicle we are going to recommend is the Ford Torinos.
This car isn’t just one of the most iconic looking vehicles of all time, but also something that doesn’t cost a whole lot to restore either. The cobra version of this car has 375 horsepower and can roar when it is on the street. This will cost you less than $10K, and the restoration process isn’t all that costly either.
Now, all the vehicles mentioned above are still in the affordable category and come highly recommended by enthusiasts all over the world. However, if you have the budget, and want to spend on the endeavor, then you can’t go wrong with some like a 1976 Aston Martin Lagonda, 1970 Chevrolet Camaro Z28 LT1, or the 1971 Mustang Boss 351. These are all rare vehicles and will cost you a pretty penny if you plan on restoring and maintaining either one of these.
In the US, the average price of restoring a vehicle can be anything between $10,000 to over $60.00.
This includes everything including the actual car as well. Many workshops are dedicated to just the restoration process, and they will explain in great detail what each part costs, and why you should consider resorting to the vehicle in a certain way. Many times, these workshops have their own fully restored vehicles available for purchase, and if you want to avoid the process of finding a car, and then restoring it, you can simply opt for this, and buy the car from the owners of the workshop. This might end up being a little expensive overall, but not everyone has the time to find a vehicle, manage it, find the parts, and take it to the workshop.
Some people sell fully restored vehicles online as well, on popular sites like eBay. This still requires that you check out the vehicle yourself to avoid any issues in the long run, but you will see many people selling beautifully restored cars online.
How much does it cost to restore a car in the UK? – Not much different!
Now, say that you are in the UK, and are wondering how much does it cost to restore a car in the UK?, well, the answer isn’t much different, and for most people, the average price of restoring a vehicle can be anything from £15,000 and £40,000. This all depends on the various factors that we already discussed above.
Generally speaking, cars in Uk aren’t all that different when it comes to pricing. However, the process of restoration is far more popular in the US, because of the sheer variety of American made iconic cars. That’s not to say that the UK doesn’t have its vehicles, but the vast majority of restored vehicles that have gained popularity over the years, are generally from the US. If you wish to purchase a US-made restored vehicle in the UK, it will undoubtedly cost you far more.
So, how much does it cost to restore a car? Well, it depends on several factors, and the vehicle you wish to restore. For the most part though, if you are in the USA, and have opted for a more affordable vintage car, then you are looking at something in the ballpark of $15,000. Now, this can vary a lot if you go for the more iconic, rarer, and expensive vintage vehicles, and the price can go up to something $45,000.
If you wish to skip the restoration process entirely, then you can also look into buying fully restored vehicles. Usually, workshops that deal in restoration, oftentimes have cars that they have personally restored. You can purchase those as well, even though it might cost you slightly more than you expected. The prices of restoration in the UK are essentially the same and can be anything from £15,000 and £40,000.