Sorry for the delay, spent yesterday at hospital with Ann.
I bought 5 1.6 donors last summer. One was great as it sat and turned into the blue 1.6 we built. I have a rough looking car that is great underneath. Needs a couple fenders and a bumper. Interior is trashed. With hardtop $2k. 2 others are southern cars, faded paint but very clean chassis. Ended up in the $4k range after delivery. All but 1 bought off ebay.
When dealing with 15 year old cars I expect to have to paint them. If not, I call it a bonus. I do not worry about miles. Everything is coming apart, so who cares. Pretty interiors and new soft tops just fill up my shed. Give me a high mile, faded paint car from Texas, Arizona etc and I am a happy car builder. Pretty, low miles cars from up north scare me.
The scenario mentioned a few posts back, still adds up to about $20k. But, that is still a 10 year old build. What condition is the cage in? How many times has it been wrecked? Every situation is different, but camparing a new build to a rebuilt used car is only so accurate
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Over 200 race wins and counting.