Full restoration cost on a Miura? | FerrariChat

Full restoration cost on a Miura?

Discussion in 'LamborghiniChat.com' started by zjpj, Dec 27, 2005.

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  1. zjpj

    zjpj F1 Veteran

    Nov 4, 2003
    6,124
    USA
    Hi, was hoping if you could give an approximate figure on a restoration cost on a Miura SV. A little bodywork needed + paint, interior pretty much gutted, assume electrics and engine need a full restoration. Basically, full restoration on a car that's been sitting, probably isn't even running. Thanks.
     
  2. ralfabco

    ralfabco Two Time F1 World Champ
    Lifetime Rossa

    Mar 1, 2002
    28,029
    Dixie
    Full Name:
    Itamar Ben-Gvir
    Zack:


    It has to be over six figures. It also has to do with what level of restoration you seek. I know that is not alot of information. Bobileff Motor (S.D.), has done quite a few restorations. A superb restored car has a value today of 450K+/-.



    You may want to contact someone, who has recently completed a full restoration. A good place to start, is by contacting the LCA, and the Lamborghini Owner's Club out of Florida. They can put you in touch with an enthusiast, that has recently had the same endeavor.



    Also - As Tom mentioned, make sure it is not a fake SV. Their are plenty of cars running around with SV parts.
     
  3. tbakowsky

    tbakowsky F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
    19,977
    The Cold North
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    Tom
    Whoa Nellie!!! if you got the car for a REALLY good price, and seeing as it is an SV (verified I hope) Then it may be worth it to restore. But with full mechanical restoration..and body, remmeber Miuras have a serious hidden rust problem due to how they constructed the chassis. Lots of custome fab work is involved here. Interior and mechanicals will also be very expensive.

    If your going to go all out with a Pebble Beach concourse resto..you could hit the 200k mark quite fast. But considering these SV Miuras are hitting close to 300k on the market it may well be worth it. I may be a bit low on the resto figure..but usually in a resotation, costs can ballon out of control very fast. Rule of thumb..once you have a close estimate for a restoration..double it..that thats your cost.
     
  4. Jonny5

    Jonny5 Formula Junior

    Nov 15, 2004
    414
    I here JRV has a great rate on all Miura work
     
  5. zjpj

    zjpj F1 Veteran

    Nov 4, 2003
    6,124
    USA
    Yeah, the SV part should definitely be verified. The badge is there on the back, but that doesn't really mean anything. From an aesthetic point of view, it basically looks like barn find condition... with the animals in the barn having climbed through it a few times.
    As far as I know, it's not for sale. The guy who owns it is a mechanic by profession and is, I think, trying to put it back together himself in his spare time. But every time I see it, it looks worse than before.
    Man, I would love to give it a good home...
     
  6. zjpj

    zjpj F1 Veteran

    Nov 4, 2003
    6,124
    USA
    #6 zjpj, Dec 28, 2005
    Last edited by a moderator: Sep 7, 2017
  7. WILLIAM H

    WILLIAM H Three Time F1 World Champ

    Nov 1, 2003
    35,532
    Victory Circle
    Full Name:
    HUBBSTER
    cost me around $80k to restore my 86 Countach, engine/trans rebuild, suspension, radiators, electrical, + paint.

    If you some work you can save $.

    I would HIGHLY suggest you look at parts availability & prices before committing to this.

    Countach parts are quite hard to come by so Miura parts must be even more difficult to find and more $.

    Expect retarded parts prices.

    Good Luck
     
  8. bmwracer

    bmwracer Formula Junior

    Mar 2, 2004
    645
    Toronto
    That is not an SV.
     
  9. zjpj

    zjpj F1 Veteran

    Nov 4, 2003
    6,124
    USA
    You are right, thanks for confirming. I think it is an S.
    Which makes its value not $400,000+ but $250-300 if restored, right? Meaning you'd have to get it for less than $100,000 for it to make any sense at all, and much less than that for it to be a bargain.
     
  10. ralfabco

    ralfabco Two Time F1 World Champ
    Lifetime Rossa

    Mar 1, 2002
    28,029
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    Itamar Ben-Gvir
    Vin tag, is located to the far left hand area (passenger side of vehicle), located just under and inside the front bonnet. The tag is located close to the firewall.


    It cannot be missed, if someone is looking for it.


    The body looks pretty clean.
     
  11. RockaForte

    RockaForte Formula Junior

    May 2, 2005
    648
    Porto
    Full Name:
    Pedro Mendes
    From the pics it seems to be a late P400/ early S. can you please take pictures of the interior ?

    BTW its market value would be in the 130 / 160 K € AFAIK
     
  12. xs10shl

    xs10shl Formula 3

    Dec 17, 2003
    2,037
    San Francisco
    If it needs a "full restoration", I'd say budget $150,000. I'm assuming that it might need frame work, and a complete mechanical overhaul. Interior is cheap by comparison, as is paint. Hard to tell from the pics, but the paint job doesn't look too bad. Things like small dents are potentially minor issues, when compared to the cost of engine work.

    You might need to spend less than that, depending on who does the work, and how much frame work you need done, and to what level you end up restoring. If it doesn't need Mechanical or frame work, you might get by with as little as $40-$50K.

    I'm working on a Miura Buyer's guide, which might help you out. Version 1 will probably be ready in a month or so (but don't hold your breath!)
     
  13. Miura Jota

    Miura Jota F1 Rookie

    May 26, 2004
    3,632
    Toluca , Mexico
    Full Name:
    Martin
    Am I the only one here
    who thinks a restoration is unnecesary in that car?
     
  14. Chiaro_Slag

    Chiaro_Slag F1 Veteran

    Oct 31, 2003
    7,789
    CA
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    Jerry
    I would have to see it in person. Pictures hide a lot of flaws sometimes....
     
  15. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    I was actually going to say $200-250k if you want a Pebble Beach level car. I've heard a few numbers kicked around the 160-180k range, but that was a few years ago.
     
  16. Kram

    Kram Formula Junior

    Jul 3, 2004
    867
    Park bench, Canada
    Full Name:
    Mark
    I’m working from memory here, but it’s a Miura, not an S and certainly not an SV. The strip around the windscreen was matt black with the Miura and chrome with the S. It also has a manual window winder - the ‘S’ had electric motors. I can’t spot any other features, such as the mechanism for opening and locking the engine, from the pictures posted. (the shape of the grab handle is a good clue, but there is so much stuff inside the car I can’t see it).

    The problem here is that most Miuras have a thin gauge metal chassis - they used a thicker gauge from just before the ‘S’ on. This is structurally important if there is any rust present. There usually is.

    Picture this:

    A balmy summer’s evening. The award dinner for you went well, though to tell the truth you are a bit deaf from all that constant clapping and cheering. You and the wife / gf emerge from the club/hotel/ where your Miura is already waiting, a perfect object of riveting beauty The admirers gather, some holding handkerchiefs under their chins as they drool in envy. The parking valet on your side tips YOU. You slide in behind the wheel ; your wife/gf folds her long legs into the passenger foot well, and then, before either door is closed, there is a ‘SPRONG!!’ and suddenly the car lurches like a wet dog on his first shake, your seat drops six inches, and the steering wheel punches you in jaw. The wife / gf screams that the windscreen has fallen into her lap, that you shouldn’t have eaten the desert, and anyway, she should have worn the other black dress. Dazed, deafened and shaken, you wonder why you are being folded like meat in a Subway sandwich, then routine takes over. By habit you pump the Webbers and twist the key, the V12 fires up, by habit you let out the clutch. As the howls from the passenger side escalate the car reluctantly shudders forward and you leave the club/hotel/White House with sparks roaring out from the freshly folded floor as it grinds down the drive, the doors doors unable to close, try their best, banging against the edge of the rear wheel wells.



    Or something like.
     
  17. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
    32,118
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    Jim Glickenhaus
    Very Very True.
     
  18. alberto

    alberto Formula 3

    Aug 25, 2001
    2,404
    San Diego
    Full Name:
    Alberto
    The car does not appear to be an SV (rear fenders do not appeared to be flared, the eyelashes on the headlights are not correct for SV, the front bumper area is not SV type, black trim on the windshield and headlights, might be a P-400 or P-400S, can't quite tell).

    If you get me the chassis number I can tell you what it is. Easiest place to find it is to open front bonnet, look at plate just rear of radiator in front, or look at plate on passenger's side, next to fuel pump. Look for a four digit number, probably starts with a 3, 4 or 5.

    Cost of restoration by Bobileff is $150,000.

    If the car is for sale, and you pass on it, please PM me with details.

    Thanks

    Alberto
     
  19. ralfabco

    ralfabco Two Time F1 World Champ
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    Mar 1, 2002
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    Or -

    On 26 December 2005, I went out for a day of fun. I took my very early 1967 model (with a body gauge of 0.9mm AL), and managed to go for a nice aggressive drive in the country.

    As I drove my car at fast speeds, I was using the original cars thin as a dime wooden steering wheel, 215 series Pirelli tires, and the modern-for-1967 Girling disc brakes. Somehow this brave car, managed to keep up with a small group of modern Ferraris and one 99VT Diablo. - However this was not the first time.

    During August 2005, the same early Miura, managed to hang with 17 Lamborghinis, driven by a bunch of young L/P drivers, with their hair on fire. It was a blast driving with all the modern cars, through the hills and canyons of LA. The car also had a nice hi-speed pass.

    After the awesome fun in LA, she was rewarded with time on the grass in Monterrey. As far as the wife / gf screaming, that is'nt from being in the car.
     
  20. Napolis

    Napolis Three Time F1 World Champ
    Honorary Owner

    Oct 23, 2002
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    Jim Glickenhaus
    That's why it's IMPERATIVE to buy one without chassis rust!!!!
     
  21. xs10shl

    xs10shl Formula 3

    Dec 17, 2003
    2,037
    San Francisco
    So true, so true. Whats the rule again? Something like $150K for 90 points, and $10,000 per point after that up to 100 (w/o any guarantees of ever making it!) LOL!
     
  22. judge4re

    judge4re F1 World Champ

    Apr 26, 2003
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    :D

    My favorite is "Pebble Beach is the only place where millionaires actually have a shot at beating billionaires."
     
  23. Looney

    Looney F1 Rookie

    Jul 1, 2004
    2,767
    Gold Coast
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    BB
    Wasnt it Jay Leno that said that?
     
  24. Greg G

    Greg G F1 Rookie

    Zach... I suggest reaching out to Will DeGroot. He restored Kirk's 1970 S which looks just like the one in your pix.
     
  25. steveirl

    steveirl Formula 3

    Dec 29, 2003
    1,163
    ireland
    Full Name:
    steve
    I would strongly echo WilliamH post with regard to parts availablility and pri ce. I know of a Miura in the UK owned by one of our club members which he had restored, took over three years, and a sturdy five figure sum(sterling pounds), during the restoration the car had to be shipped back to the factory as Lamborghini had to manufacture some of the parts!!
    Steve
     

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