Alfa Romeo Forums banner

1 - 7 of 7 Posts

·
Registered
Joined
·
4 Posts
Discussion Starter #1
Hi everybody, in a pickle in need of advise, back story first, pickle later…*

- Bought 72 gt junior … good times

- Decided to restore alfa, didn’t look too bad to begin with (simple restoration)

- Went to basters, came back from blasters… knackered. For a good restoration, all outer panels minus roof and doors need replacing, roof could probably be saved with a bit of beating. This is on top of already known boot floor and drivers footwell, bit of welding in engine bay, and front wheel well.

Another customer of the resto-shop’s has said he’d give me 4 grand for it… All in all I have currently spent over 8 in total…(types into calculator…) so that’ll be a loss of 4. Now I know a lot worse things happen to people, but this would also mean that I’d be out of the classic car game and specifically the alfa game probably forever unless i strike it lucky later in life.


* So basically i need to decide what to do next with it. If I get it restored back to factory, it won’t be worth the cost of the restoration.
the guy who wants to buy the chassis off me wants to make it into a gtam replica, which got me thinking;
would it be worth going that extra mile and changing the panels to aluminium to make a Gta replica?
if i do that, would i have to change everything on the car to make it exactly like a Gta replica?
is there any market for Gta replicas or just Gtam replicas?
if i was going down the custom route, would it be worth changing the panels to aluminium?

I just really need to know the best thing i can do with it now to try my hardest not to lose money on it, so when it’s all over, if i can’t deal with the loan i’ll need for the resto, i can sell it and use the profits to possibly get another alfa or another classic, cause if I lose this money, the closest thing to a classic i’ll get is some plastic clad rubbish from the 80’s.

- I'll try attach some photos once i work out how to make them smaller -
 

·
Administrator
Joined
·
13,604 Posts
Trying to make money on the restoration on an old car is very difficult.

IMO I'd keep it original to retain some historical value. There are hundreds/thousands of GTA/GTAm replicas out there, and also installing the alloy outer panels is not an amateur job.

Photos will of course help us help you. I find Microsoft Paint very good at resizing photos :)
Pete
 

·
Registered
Joined
·
4,261 Posts
GTA replicas can be built . . . for a price. Check out the Alfaholics site for some excellent examples. While it's now possible to purchase all or most of the aluminum panels for a GTA replica, and some near-as-dammit recreations have been built, there real intrinsic value is in the entertainment and satisfaction they bring to an owner and not their ultimate resale value. But, Pete's right. Generally speaking, cars are terrible investments. My advice is to build the car you want to build and don't think too much about what it might ultimately be worth when you decide to sell. Another equally good option is to simply sell this car to the guy who want's it and then find a better example and buy it.
 

·
Premium Member
Joined
·
1,465 Posts
That really is an awful standard of repair work.

Another victim of "the cheapest quote gets the job" for repairs, probably at a time these cars were worth little...

On the plus side, it doesn't look like a rust bucket.

Pretty much anything can be put right, or put back to original, so I would agree with what 180out says...have a good think about what you'd like to end up with:
- If the condition of this car then makes that path look too hard or expensive, find an easier path.
- if it means the car spends a few years with fibreglass panels and a so-so paint job while you learn about Alfas and have some fun, what's to lose? How are the mechanicals?

A bit of a sniff around the BB here will show people have spent more than you for pretty cars in what later looked like hopeless states after blasting - start in the Restorations thread. These show avenues both for hope (it can be fixed) and despair (I paid $$$ and it turned out to be a rust bucket). At least you now know what you've got.
 

·
Registered
Joined
·
251 Posts
The problem with juniors, is they are not gtvs, ie they have a lower inherent resale value, but will cost you the same to restore a junior as will a gtv.

However this is why I got my junior, because the Alfa specialist who had it said the time spent recommissioning it would pay for itself, for him as a business. So it allowed me to pick up a good car.

This said. It depends on your endgame.
Are you looking to keep this for more than 5 years once finished....or
Are you looking to sell shortly after, trying to turn a profit?

I would say option 2 is more difficult on a junior, with the work you need to do. So maybe cut your losses.

If option 1. Then carry on, and make it for YOU no one else, and not for resale. Enjoy the car and smile.

.....if it’s a 1300....keep it a 1300...... mouse motors are not to be underestimated. Rebuilt mine with 125bhp for 1300cc.


I always remind myself.....we are but custodians of these old cars.
Thus changes made should be easy to put back to original.
 

·
Super Moderator
Joined
·
11,340 Posts
Another equally good option is to simply sell this car to the guy who want's it and then find a better example and buy it.
I think that 180OUT offers good advice.

No matter what route you take, you probably are going to lose money on the GT that you have. Taking out a loan to pour money into it seems like a dangerous strategy.

While I am not an expert on the value of GTA clones, I can't imagine that they sell for prices that would equal the construction cost. Attaching aluminum panels to the structure of that car has to be done for love, not as a money-making project.
 
1 - 7 of 7 Posts
Top