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The Value vs the Investment


The question is -- Is the Value equal to the Investment?

When we restored this Squareback, it was planned to be a re-engineered
vehicle for today's roads with the best components available, built and
installed by the best contractors we could find.  For example: we did not
put together  the SCAT 2160cc engine kit; it was built by professionals--B&R
Buggies in Oceanside, CA.   We did not do the woodwork; it was done by Bill
Hogan--a master craftsman, cabinetmaker of 30 years experience.  The
headliner and seat upholstery were done by a person who has 20 years
experience in car interiors and produced cars for movies.

We took the car down to bare bones, bought the best parts we could find (all
new), then found the best contractors to build and install.  Professional
restoration adds the value.  Our plan was to build a new car that looked
like a ''73 VW Squareback.  We think we have succeeded; it is a handmade
car, with the performance of a new car without the depreciation.  We don't
see ourselves as having more money "than we know what to do with".  On the
contrary, we think we have made a wise investment of lasting value.
Robert & Carolyn Wilson
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At 02:32 PM 2/2/98 PST, you wrote:
>Yes, it is a very nice Square indeed.  But just because 20k was put into it
does
>not make it worth that same amount -- mostly only exotic cars can make such a 
>demand (and the people who buy them have way more money than they know what to 
>do with :)   If that were really true my baby would be worth over $10k (and 
>she's not).
>
>It definitely would be a nice ride but not at such a high price.  My opinion.
>
>    Toby Erkson
>    air_cooled_nut@pobox.com  <-- Please use this address for email responses
>    '72 VW Squareback 1.6L bored and stroked to 2.0L
>    '75 Porsche 914 1.8L, ORPCA member
>    Portland, Oregon, http://www.geocities.com/MotorCity/8501/
>
>
>______________________________ Reply Separator
_________________________________
>Subject: Re: Look at this squareback
>Author:  type-3-errors@umich.edu at SMTPGATE
>Date:    2/2/98 1:27 PM
>
>At 08:19 AM 2/2/98 -0500, Robert & Carolyn wrote: 
>>We are the owners of this Squareback
>>(http://www.knowitallproductions.com/vw) and would like to say Thanks for 
>>the compliment. With regard to the price, we can show receipts with this 
>>much invested.  We take the point of view that  it's the same as buying a 
>>non-expensive new car--but this one won't depreciate!
Robert & Carolyn Wilson
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>... I think somebody should go buy that bitchin'
>resto squareback was my point......  no bad kharma, all fun    :)
: David Yaghoubian <goob@dnai.com>
>



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