[VintageLambo] Re: PPI for a 350 GT

My God, run, run like you have never run before... I"d bet that almost every car enthusaist has learned the lesson I"ve learned more than once (and yet I still do things like buy an Espada):it"s always cheaper to buy one restored than restore it yourself, unless you"re really handy and have a lot of time and genuinely enjoy that sort of thing, and are willing to totally disregard the value of your time. Which in a way is what hobbies are all about, I guess. I have no excuse with the espada, as there are plenty of them out there, and should have bought a better one. A 350 is certainly more rare, and if you"re set on having one, maybe you have to go the restoration route. I read Sports Car Market magazine, which can give you a range of auction prices. One thing that"s pretty consistent is that many beautiful cars are being sold for little more than the cost of the restoration; the former owner"s loss can be your gain. You may know all this - it"s hard to tell from your email. Lamborghinis don"t seem to be the most liquid of investments - they tend to stay "for sale" for a while, so don"t hurry. If you spend an extra 6-12 months looking for the right one, you"ll probably save that much time in the restoration process. From your description, it sounds like if they GAVE you the car, and you put 50k into it, it might be worth 50k, if you put 80k into it, it might be worth 80k, etc., etc, until they top out at around 150k. Also bear in mind that parts availability is much worse than for Ferrari,etc. So there will be fabrication. All that said, I hope you find one and enjoy it, as I"ve enjoyed the Espada (on its rare visits home from Vinny Latino"s shop.) This is definitely the list for you.