a few years ago i went to look at a 250se on CL, asking price around 2K i think. car had sat for at least 10 years outside, had been repainted wrong color poorly and had at least 2 fenders that were repaired poorly, inside seats maybe salvagable, all wood toast, large oil leakage from under car near front door. car was locked so could not investigate further. grill damaged. emailed the guy offering $500 token and never heard back.
just because his dad owned it and drove it to hell he thought it was worth something. I counted needing $6k of parts not even knowing if it ran.
Some cars just don't ever come back from high abuse.
Yes, the emotional attachment factor...., usually best to walk away.
And agreed, but...
A 250SE came in Sedan and
The obvious difference is, what makes sense on a Coupe does NOT on a sedan.
Condition is important again.
If you have to do rust repair, then mechanical and then interior you cannot sell a sedan for what you got in it, so most bad ones get parted out even though their prices are on the rise.
BUT a Coupe you definitely want to keep alive.
Europeans are coming around, finally, and willing to pay $30 000 for a clean and healthy car
(not a bondo trap with shiny paint and worn drive train).
You have to calculate and weigh the balance.