1969 Scuncio COPO

[SuperCars]

Ratpack, thanks for keeping us informed. I'm just bewildered by all these COPO's that keep popping up. I haven't seen them in person so I don't know the degree of restoring or correcting that some of these cars need, so I hope my input isn't taken wrong

I do know what the costs are to have cars restored though. Between the numerous Supercars, Vettes and Hemi cars I've had restored, I've experienced the cash flow drain doing them. I have 3 cars in process of restoration at this time. I feel any car that needs more than minor detailing and good cleaning is a project. It might not be a basketcase, but still a project that consumes money. When various COPO's don't have the original drivetrain, I think Uh-Oh; are we talking:
Correct casting and dated 427 motor-$8,000
BE rear-$3,500 if you can find one
499 distributor-$600 restored
4296 carburetor-$500 restored
curve neck radiator-$700 restored
Muncie 4 speed-$1,500 restored
These items could be just a start. Then the actual restoration of a Camaro without having to re-buy these rare parts is approximately $35-40,000. So add buying a correct drivetrain and maybe you hit $50,000 more into the car. I haven't seen a excellent restored COPO top $70,000 in sales yet. Has anyone else?

Still doesn't mean the buyer of a running driving COPO has to do a complete frame-off. He could do a frame-on cosmetic restoration at a lot less money; but then you end up with a car that is worth a lot less that people would say needs re-restored.

The COPO on eBay right now has a lot needed. At the current bid of $30K, it is my opinion that the buyer will go backwards on this car
because it will exceed $40,000 to do it right. At $55K for this Scuncio, a buyer could not afford to have it restored. He could do some cosmetics, but he would always have a COPO that people would think as a poor quality car that needs to be re-restored. But these are only my opinions.