2023 Mecum Kissimmee

[Charley Lillard]

Keep in mind alot of restoration shops would be out of business if the values dropped a bunch.

[luzl78]

Too high car prices… too high restoration prices. Vicious cycle. People will pay the high restoration prices hoping for a super high return at the auctions. The casual layman can’t afford the restoration prices so the market has turned into the wealthy owning the market.

[427.060]

Originally Posted by Charley Lillard

Keep in mind alot of restoration shops would be out of business if the values dropped a bunch.

Is that necessarily a bad thing?

[luzl78]

Originally Posted by 427.060

Is that necessarily a bad thing?

The remaining shops would crank up their prices.

[aawtech]

Originally Posted by 427.060

Is that necessarily a bad thing?

What a horrible comment! Most "GOOD" restoration shops are doing great work at a fair price, and turn out a beautiful car for someone who lacks the talent to do so for themselves. Ask any shop owner, they are NOT getting wealthy. Some guys chase the dragon month to month to keep the place going.

I cannot be believe that a car person, on a site like the Super Car Registry, would even think about the comment you made, much less blurting it out in writing on the site.

Furthermore, I can't believe I'm the only person who called you out on it.

Donny

[SS427]

Why are restoration shops being pointed out as the bad guys for making a living and "driving up the cost" of the hobby? I for one do not nor have I ever restored a car for a flipper. One who wants to "restore" the car simply to take it to the auction and flip it and make a ton of money. I only restored for the collectors of which few seldom ever complain about the cost and got what they paid for, their dream car. I am in this hobby for the love of it and certainly NOT the money as I for one have NEVER gotten rich restoring cars. I would also ask why it is ok for people to sell cars and make a nice profit but it is not ok for those that helped you get that profit? Many say they are using it for their investment but we cannot be part of their reason for making that profit on their investment? Those who say our prices are too high don't seem to have an issue being paid well for what they do for a living yet it is wrong that we do???? Building a home is certainly ridiculously costly but I do not hear some of you complaining about that every time you build another home. Many of you make as much or more per hour than I charge for my hourly shop rate (NOT what I get paid). My shop rate is 50% of what my local new car dealership charges but I am wrong? Wow! Sorry to vent on here but I for one have NEVER gotten rich from this livelihood but it is the one I chose and loved so I take it for what it gave me, just don't make US out to be the ones at fault.

[Lynn]

Originally Posted by SS427

Why are restoration shops being pointed out as the bad guys for making a living and "driving up the cost" of the hobby? I for one do not nor have I ever restored a car for a flipper. One who wants to "restore" the car simply to take it to the auction and flip it and make a ton of money. I only restored for the collectors of which few seldom ever complain about the cost and got what they paid for, their dream car. I am in this hobby for the love of it and certainly NOT the money as I for one have NEVER gotten rich restoring cars. I would also ask why it is ok for people to sell cars and make a nice profit but it is not ok for those that helped you get that profit? Many say they are using it for their investment but we cannot be part of their reason for making that profit on their investment? Those who say our prices are too high don't seem to have an issue being paid well for what they do for a living yet it is wrong that we do???? Building a home is certainly ridiculously costly but I do not hear some of you complaining about that every time you build another home. Many of you make as much or more per hour than I charge for my hourly shop rate (NOT what I get paid). My shape rate is 50% of what my local new car dealership charges but I am wrong? Wow! Sorry to vent on here but I for one have NEVER gotten rich from this livelihood but it is the one I chose and loved so I take it for what it gave me, just don't make US out to be the ones at fault.

Vent away buddy. I am with you.

The biggest reason restoration is so expensive is because it is incredibly time consuming!!!!

Guessing your labor rate is on par with independent repair shops. Because of the high degree of skill, I would expect to pay higher rates.

[frankk]

Rick....message received and understood and supported

[TimG]

The good Corvette restoration shops I've known have been operated by standup individuals that work hard for a living.

[67since67]

Additionally, these hard working shop owners are faced with ever increasing costs of doing business, aka overhead, plus cost of materials, local, state, and federal regulations, AND trying to retain competent employees.

I was on the phone this morning with my body/paint guy who mentioned how he no longer has anyone to install convertible tops. So many skilled people are leaving the business. - Bill W