Is restoring old Cars and Trucks profitable?

Question

Hello,
Well I saw on eBay (if anybody know his webstie please tell me its something like fezzer or fezeller) this guy that rebuilds old cars he sold a 1967 chevy c-10 for 140K it was a beutiful truck he is a proffesional and has a Biz doing this he also has a deal with some Rim company to make his own custom rims I think he also is working on getting toy trucks like DUB on his builds.

Just wondering if restoring a old car or truck profitable its a good hobby of mine and I would love to search for cars and rebuild them while still making money

Answer 1

Usually, you put much more into it than the value increases. That doesn't even include the cost of labor, even if you do it yourself. You can almost always buy cars at auction that someone else restored and is losing money on.