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Stan - Counter-point: got to disagree with you re: the "worth". At $135k for a hybridized car, it doesn't make sense. More than a numbers-matching original?
More than a brand new 911 Carrera at $82,100 MSRP?
More than a brand new Corvette coupe at $49,525 MSRP?
At some point a hobbyist car ceases to be just THAT. These 356s (and tribute copies) are super-cool, absolutely-BUT $135 is silly money, stupid money.
Not for an outlaw done to this standard. Well done outlaws are 80 to 90 plus on a regular basis - and that's for a race car with stripped interior, etc. A streetable outlaw done to such a high standard is big bucks. North of six figures is entirely realistic (in my humble opinion).

I picture this car selling between $120 and $145.

angela
Scott, you have to weigh what a hobby car is worth by asking if you'd commit the resources to do the same, and if you could come up with the same for equal or less money.

I know we all feel differently about what our cars are worth -- philosophically, fiscally or in terms of psychological value to the framework our happiness is built on, but let's look at basic numbers on this one in particular -- and I know I'm preaching to the choir about why we like them, but this one's not a mass-produced plastic car.

I think in this case, especially for a one-off, that car's probably got a lot of what I consider to be invisible money tied up in it. The time it took is only part of that money; I feel like the math and the R&D together cost somebody a lot more than the sum of the parts. Is it worth it?

Just throwing loose numbers out, like say the car had parts from a Targa you'd spend $10k on and the body of a clean-ish 356 you could have gotten unrestored for $20k, the restoration and cleanup on both cars' useful parts would put you at maybe $60k before you began working on the mechanicals. You're also storing them until you need their pieces.

Assuming that car's done right, you'd pay between $160 and $200 an hour for the shop time to get it right. There's a bottom line on that sort of fabrication, and nobody's in business to lose money; the welder, the tinsmith, the electrician, the tuner, the bench that's not useful to anyone else while the project is in work ... even the money you pay the junior dude to label which parts you'll need costs money.

That remainder of what got spent, depending on the amount of time it took, is where I consider the invisible money to lie. The personalities involved need time away from each other -- the twenty minutes at a time you'd spend walking away to prevent frustration from building up -- that's also something you're paying for.

It sure looks worth it to me, if the car's put together right. It has classic (undisturbed for the most part) lines, it's simple and elegant inside and PROBABLY drives like a mako shark with an empty belly. If I had it to spend and wanted something I knew would last 40 years (well beyond the probable lifespan of any 356s out tooling around with 1600 or smaller engines, I'd love to buy that car. My GRANDKIDS would get a chance to know what performance used to be like before the Prius screwed it up for everybody.

To rationalize my build, i throw a value on driving it trouble-free ... Even adding the driving time as a numerical value and subtracting it from the cost, at maybe $60/hour, that car should 'pay' for itself over time -- but not as completely or as beautifully as that Outlaw would.
I guess "silly/stupid" money to some....is chump change to someone else. It "is" ALL Porsche,
where an IM 6 isn't. I suspect there is a Porsche collector who needs this car, just as a wild card..... in his fine collection of historic cars he can't really drive, because they are too rare & perfect. I'd certainly love to have it....... but also can't afford it.
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