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Well the $40k in receipts could certainly be legit. Doesn't mean that it's worth that, but I didn't really get the impression that the seller was trying to say that it was either.

If the guy bought a 67 Malibu "runner" from Craigs-list or EBAY for, say, $5000-7500 or so then started having work done on it at a shop the $$$ could certainly add up quickly.

- Paint/body = $10-15k
- Engine/tranny (EFI/700R4)+ installation = $10-12k
- Drivetrain/suspension/brakes, ect... $6-8k
- Interior???
- Tires/wheels???

Paying someone else to source and install all the parts, plus a likely retail mark-up on the price of the parts on top if labor.
Labor is usually twice the cost of the parts, so ya, it can really add up at the bottom line.

Sad but true. In the end it's probably going to be a $15-18k Chevelle when it comes down to it, in spite of all the money spent by the owner.
 

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definitely could have that amount in receipts but honestly if it were me, i would be a bit more descriptive of the parts that i installed, or the person who actually did the frame off installed, basically for 40k i would hope to see something a lil more clean, and definitely a more detailed, descriptive, explanation of the car that is supposed to be a 40k dollar pro touring restoration, but maybe im crazy.
 

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The car certainly looks nice in the picks. Clean, detailed, and sharp. And he probably did spend every bit of $40,000 building it. But as reality sets in, he will realize that how much you spend doing a car does not translate into what some one will buy it for.

No pics of the underside, but if he did do a frame off, it probably looks like the rest of the car.

The reality is there is nothing special about it other than it is a really nice Chevelle with no pedigree, it's got a typical generic street rod drive train with that small block and 700R.

If someone wants a sharp looking Custom Resto that will turn heads, it's a $25,000 car, tops.
 
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