@2009 J&C Coachworks all rights reserved

• Buy vs. Build
– Do your homework first!
• Buying
– “a buyer should be knowledgeable about the particular model he or she wishes to purchase. When
all the available options are known, a buyer is then able to make a qualified appraisal of the
authenticity of the vehicle in question, and make an educated purchase” - NADA
• Building
– Understanding the process
– Good, fast, cheap – pick two
• Case Studies
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Understand what you want (or have)
– Specific make, model, year, color, trim, etc.
• Flexibility = $
• Specifications = $$$
– Why do you want it?
• Investment considerations
– Concours / Speculative / Market Dynamics
• Statement
– Daily Driver / Cruise-Ins & Shows / Vintage Racer / Etc.
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• Find out what is available
– Car Shows
– Internet
– Newspapers & print
– Drive-by
– “Go west young man”
• Understand the market
– Market value & Situational value
– Negotiations & Perspectives
– Current Market & Dynamics
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• What needs to be done
– What is the desired outcome?
• Daily driver
• Street /strip/rce
• Show car
– Buy as much as possible
– Restore as much as you can
– Rebuild/Fabricate what you must
• What’s this gonna cost and when can I have it?
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• What needs to be done?
– Strip ‘em down & get under 'em – know what you have!
– Develop game plan based on objectives
• What to look for
– ASE and other professional credentials
– Capabilities
– References / prior work
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Case #1 – 1962 Morgan +4
• What is the intent?
– Investment – not so much, but this is a unique market
– Statement – I love this rare and very cool british racing car
and am damn well going to drive it like we do!
• Valuation
– Book?
– Supply
& Demand
– Market
Dynamics
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@2009

• Case #1 – 1962 Morgan +4
• Rebuild body from frame up with factory new
& restored original wood
• Restore & fabricate steel body
panels & fenders
Market High $77,000 $59,000
• Premium Leather NADA High $43,000 $57,500
upholstery Retail
NADA Low $15,500
& finished interior Retail
Restoration $42,000
• Engine rebuild cost
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Case #1 – 1962 Morgan +4
9/12/09
@2009 J&C Coachworks all rights reserved

• Case #2 – 1972 Chevrolet Monte Carlo
• What is the intent?
– Recapturing the fun
& new/old memories
• Valuation
– Original owner
» bought new
upon return from Vietnam
– Collectible & Recognizable Car
• What needs to be done?
– LOTS!
• Bad prior restoration
• Lots of rust
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Case #2 – 1972 Chevrolet Monte Carlo
9/12/09
@2009 J&C Coachworks all rights reserved

Case #3 – 1969 Chevrolet Caprice
– Inherited
 strong sentimental value
 matching numbers
 custom market vs. concours
– Phase 1 – Daily Driver
(sleeper)
– Phase 2 – Retrorod
& Show Car
9/12/09 @2009 J&C Coachworks all rights reserved

Case #3 – 1969 Chevrolet Caprice
– The numbers:
– Project
Estimates
• Frame narrowed $ 1,500
• New rear end $ 3,000
• Air suspension $ 4,000
• Engine Performance $ 3,000
• Custom body work & restoration $ 9,000+
• Custom 2-tone paint $10,000
9/12/09 @2009 J&C Coachworks all rights reserved

J&C Coachworks
 Jack Maher & Chris Alcott
 Contact
 E-mail: jack@jc-coachworks.com
 Phone: 614-777-5033
 Mail: 3000B East Main St.
Columbus, OH 43209
 Shop visits by appointment
 Media
- Twitter: jack_maher
- www.jc-coachworks.com
- www.youtube.com/user/JCCoachworks
9/12/09 @2009 J&C Coachworks all rights reserved