MrEd Report post Posted May 14, 2019 After 10 long months, my LP640 came back better than ever. It is now Verde Draco and I am loving it. Here are some recent pics taken by Winning Automotive Photography. After 5 LP640s, I think this is the keeper. Here is a video about the process. Quote Share this post Link to post Share on other sites More sharing options...
Old Guy Garage Report post Posted May 14, 2019 Beautiful Ed. Love to see it in person some time. Quote Share this post Link to post Share on other sites More sharing options...
Kevin2772 Report post Posted May 14, 2019 What color was it originally? Quote Share this post Link to post Share on other sites More sharing options...
Stimpy Report post Posted May 14, 2019 Beautiful car, and beautiful pics, but I can't help from saying that this car in this color belongs on a different canvas than Hotlanta, namely the UK. Quote Share this post Link to post Share on other sites More sharing options...
Houston Report post Posted May 15, 2019 Looks spectacular! Thanks for sharing. I'm sure it was a bit of a process with the color change. Quote Share this post Link to post Share on other sites More sharing options...
Destructo Report post Posted May 15, 2019 Has to be one of my favorite colors on an LP640, hands down. Congratulations Ed, it looks incredible and quite the effort! Quote Share this post Link to post Share on other sites More sharing options...
Destructo Report post Posted May 15, 2019 On 5/14/2019 at 8:09 AM, Kevin2772 said: What color was it originally? Black, apparently second highest mileage LP640. Quote Share this post Link to post Share on other sites More sharing options...
darth sidious Report post Posted May 18, 2019 I love anecdotes like this. Only true petrolheads do stuff like this. Beautiful car to boot. Quote Share this post Link to post Share on other sites More sharing options...
Destructo Report post Posted May 20, 2019 On 5/18/2019 at 5:34 PM, darth sidious said: I love anecdotes like this. Only true petrolheads do stuff like this. Beautiful car to boot. The approach kind of put a bug in my head about how some people approach certain cars. At some point, with so many being wrecked will people that really LOVE the brand and cars, take a salvage title vehicle to rebuild back to spec or better in order to save it from the crusher? Regardless of cost or resale value? I've considered something similar. Some cars are too important to let die because of a salvage title. I'd be curious to see if anyone else shares a similar opinion. Quote Share this post Link to post Share on other sites More sharing options...
MrEd Report post Posted June 8, 2019 On 5/20/2019 at 10:48 AM, Destructo said: The approach kind of put a bug in my head about how some people approach certain cars. At some point, with so many being wrecked will people that really LOVE the brand and cars, take a salvage title vehicle to rebuild back to spec or better in order to save it from the crusher? Regardless of cost or resale value? I've considered something similar. Some cars are too important to let die because of a salvage title. I'd be curious to see if anyone else shares a similar opinion. Yes, at this point it is safe to assume that no manual LP640s or LP670s (regardless of transmission) will ultimately be scrapped due to an accident or damage. One was recently restored after having originally gotten a Lemon Law title brand and then being totaled in an accident. Another former engine fire/salvage title one sold at a strong value two weeks ago. Quote Share this post Link to post Share on other sites More sharing options...
Destructo Report post Posted June 9, 2019 21 hours ago, MrEd said: Yes, at this point it is safe to assume that no manual LP640s or LP670s (regardless of transmission) will ultimately be scrapped due to an accident or damage. One was recently restored after having originally gotten a Lemon Law title brand and then being totaled in an accident. Another former engine fire/salvage title one sold at a strong value two weeks ago. Do you think that if documented well enough with credible shops and sources these "lemon" cars could pull a fair market value, or will they always trade for less than a "non-spoiled" car? I'm not sure. With the manual LP's I wouldn't be surprised if they ended up being near market value, but not exceeding. Quote Share this post Link to post Share on other sites More sharing options...
MrEd Report post Posted June 10, 2019 10 hours ago, Destructo said: Do you think that if documented well enough with credible shops and sources these "lemon" cars could pull a fair market value, or will they always trade for less than a "non-spoiled" car? I'm not sure. With the manual LP's I wouldn't be surprised if they ended up being near market value, but not exceeding. The issue that will always plague branded title cars (TMU, buyback, salvage, etc.) is that they are insufficient collateral for loans. On some time horizon, the accidents or negative history events don't really matter relative to more recent servicing and restoration but people do finance cars at all values. Of course as they age that happens less but it still has some impact. Of course, it is not the only factor in a value so there are certainly examples of cars with bad titles selling for more than cars with high mileage or undesirable specifications. All things being equal, though, they will always bring at least a bit less. Quote Share this post Link to post Share on other sites More sharing options...
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