Friend of mine, my neighbor, made me an offer tonight. My friend and I grew up together, he's a year younger than I am, on the same street about ½ mile away where our street dead ends. My friend is going thru some tough times, possible brain tumor. He can no longer drive, has a difficult time walking, so every week I drive him in to the Dante Club where we have a glass of wine, or two, eat a good dinner... and sit around BS'ing with old friends for a couple of hours. His offer...
His grandfather, now deceased, has a 1937 Ford Convertible, with the rumble seat... and the family has offered it to my friend for $20,000. It's not running but the body is immaculate. So my friends wife said 'no'.... and tonight he asked me if I wanted to go in partners with him. I've always wanted a vintage car but I have zero experience restoring one.... not that it needs very much restoring. No body work needed, gotta get it running and some cosmetics... like the convertible top needs replacing.
Did some research and I see the same model, restored, is selling for well over 50 grand. So knowing nothing about this... I'm trying to figure out...$10,000 investment, (shared ownership), will it pay off one day?... not that we'd sell it very soon... we'd want to drive it for a while... looking cool and being the envy of everyone.
I've only seen photos... going to go take a look at it maybe next week. Anyone with experience with vintage cars? - JamesJM