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Just browsing through Hemmings the other day, I can't remember there ever being so many Mark II's for sale in Hemmings as there are right now.... Ever... So it's looks like it's currently a buyer's market to me.
Seems to be quite a few owners unloading their "need to be done" Mark II's. Hopefully they'll sell to buyers who are ready and able to bite-the-bullet for what it takes to restore, whatever the mix of out-source and do-yourself it may be.
But when you're talking about a car where a functional "driver" costs less than what you'd spend just to do all the plating and buy just the raw materials to re-upholster.... You're looking at quite the chicken/egg dilemma.
I've said it all along, the more decently-restored Mark II's that bring heavy prices at auction, the more "comfortable" people will be diving into the restoration process. It'll always likely be an up-side-down proposition, but the less up-side-down you are, the better...
Rick Schmidt
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