Lots of money + no skill (or bad luck) = this

There's some heart-breaking images in there, but am I the only one to question the amounts?
I know it's 'a bit of fun', but for many of those aren't complete losses. The final 250 GTO would certainly not cost $28 million to fix!
 
There's some heart-breaking images in there, but am I the only one to question the amounts?
I know it's 'a bit of fun', but for many of those aren't complete losses. The final 250 GTO would certainly not cost $28 million to fix!

Once its been damaged and repaired.. its worth a shadow of its former value.

At a guess.. ;)
 
I doubt it. I can't imagine there would be any classic cars that haven't had damage - you just need to look at the classic racing cars. They get crashed and repaired all the time, so much so that I would expect many of them contain a larger percentage of new compared to original bodywork/components.

I recently had good fortune to see a back-to-metal restoration of a 250 GT (at the Joe Macari workshops in London) and that had most certainly been crashed a few times in it's life. As it was getting a full restoration many components would have been new, yet they were saying the original owner expects the value to rocket from the $2million it cost to $5million.
 
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