1994 Audi Cabriolet - worth restoring?
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1994 Audi Cabriolet - worth restoring?
We have one of the first Audi Cabriolets that arrived in this US. It's been in the "family" since it was purchased in 94.
It has over 100k miles on it and shows it's age big time; it has a few dents, the original pinky purple color has faded on more than one panel and the interior need some love too. Mechanically, it's in pretty good shape however and is beloved in the family.
The question is... is it worth restoring? I got a price of about $11k to do the job, so the car would be in pristine condition. However, according to Edmonds, in that condition currently, it's worth only about $3K.
If we did the restoration, we would keep the car for at least another 10 years. What I don't want to find is that after we spent all this money the future value is... "What were you thinking, dummy!?"
So I am wondering that, given the fact that this is one of the first Audi Cabs ever built, and it will be in great condition in 10 years - what are thoughts on the potential value of these "classic" cars in the future?
It has over 100k miles on it and shows it's age big time; it has a few dents, the original pinky purple color has faded on more than one panel and the interior need some love too. Mechanically, it's in pretty good shape however and is beloved in the family.
The question is... is it worth restoring? I got a price of about $11k to do the job, so the car would be in pristine condition. However, according to Edmonds, in that condition currently, it's worth only about $3K.
If we did the restoration, we would keep the car for at least another 10 years. What I don't want to find is that after we spent all this money the future value is... "What were you thinking, dummy!?"
So I am wondering that, given the fact that this is one of the first Audi Cabs ever built, and it will be in great condition in 10 years - what are thoughts on the potential value of these "classic" cars in the future?
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