1972 246 GT

I just found this project online, was curious what you guys thought. Seller is asking 135k, is this reasonable?

http://www.iagmotors.com/carpages/1972-Ferrari-Dino-Project-For-Sale.html

 

I kind of like this tired old Dino with a re-spray but by the time you refurbish her you will have spent more money than you would on a nice car that is ready to go plus a large chunk of your time. Engine rebuild, paint, seats, new tires, hidden things, etc. Could be a labor of love if you have the time and $$$$$! Maybe by the time it is finished the market for Dinos will have appreciated to where it isn't such a bad deal. Most folks start by adding the cost for the repairs to the base price to see where you end up. Paint and body work--$20K, engine/transaxle--$20K, interior--$5-10K, wheel/tires--$2-3K. You can get upside down in a hurry!

 

i think there is another thread on this car somewhere i couldnt find it though

 

No, 135k is not reasonable.

$135k is reasonable for a #3 to 3+ car.

 

http://ferrarichat.com/forum/showthread.php?t=366224

Previously passed in on ebay at $95,100, item #330725887836

 

Thanks everyone, just wanted to make sure I was drawing the correct conclusions. Just about finished with my current restoration project and looking for my next potential candidate.