A friend of mine is interested in buying a bradley gt (vw bug chassis, corvette/opel gt looks.) I told him that kit cars never appreciate in value. Was I wrong?
A friend of mine is interested in buying a bradley gt (vw bug chassis, corvette/opel gt looks.) I told him that kit cars never appreciate in value. Was I wrong?
There are a few of them that may appreciate in value (Intermeccanica speedster is one I can think of) but I can't imagine a Bradley GT ever being worth more than pocket change.
no, you were right about the Bradley. However Classic meyers manxes are rather expensive these days...
Having had a bunch of them, they increase in value significantly when they are drivable and that's about it. Un-drivable they are unsellable.
Parts for most are non existent in terms of the body and sometimes glass. Still love the darn things the Bradleys are actually quite drivable when they are finished. I would loe another lazer 917 or Kelmark,
Isn't a Bradley basically a full-bodied dune buggy?
NYG95GA wrote: Isn't a Bradley basically a full-bodied dune buggy?
Could be...I think it looks more like a sports car....you decide
The Ferra*i Daytona 365 replica on a 240Z done well can be worth quite a bit also but generally kit cars do not hold much collector value
Original Lotus 7 kit cars have appreciated. I doubt you could buy one today for the five or six hundred GBP that they sold for.
You have to take inflation into account though 
Let's see, 600 GBP in 1958 was $1 685.86 US. Plug that into a CPI calculator and you get $12,598.39. Then you'd need the drivetrain. Yeah, a well-constructed one would be worth more. But the prices of those have been fairly static for a long time, no? I know Caterhams have been right around the same level for ever.
I wonder how much an unfinished original Lotus 7 kit would go for? They do tend to pop up once in a while, but not so much the Series 1. The basic Miata-based Westfield sells for $13,500, so that's not much different.
I've seen a number of the older and rarer kits go for pretty high values. I've also seen Cobras and a few other sell for more used than they cost to build. Is that appreciation?
Keith wrote: I wonder how much an unfinished original Lotus 7 kit would go for? They do tend to pop up once in a while, but not so much the Series 1. The basic Miata-based Westfield sells for $13,500, so that's not much different.
My cousin just sold his Locost project and picked up a real (but disassembled) Seven without an engine for five grand. He was in the process of building a Formula Ford engine for the Locost, so he's going to drop it into the Lotus.
When he told me he was considering the car, I told him that if he didn't buy it, I would.
Gosh Woody, and I have this Lotus TC motor sitting in my garage....
Five large was a deal, if it is a documented chassis. There's a lot of "real" 7's out there that aren't all that real. Even if it is a clone, though, if it's all there with a title it's probably still worth five large.
Dr. Hess wrote: Five large was a deal, if it is a documented chassis.
It's a very well documented car. And, yes, it was a great deal.
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