[COPO]

Sam, I think there are very few cars that can be purchased in #3 and #4 condition, concours restored and then sold for a higher price than what is in the car. Parts and labor to restore a car to that level can easily exceed $50K and approach $100K plus the original cost of the car. Of course for a select few ultra rare cars the numbers can work.

I personally am not in the hobby for the money, but I can tell you first hand restoring a car to #1 condition is VERY expensive even if the labor is free.