Budget: $20,000
Purchase Price: $19,500
Final Cost: $21,530
Selling Price: $26,000
Profit/Loss: +$4,470
Work Completed: Electronic ignition fitted, carburettor re-jetted and rebuilt, valve stem oil seals replaced, hydraulic valve lifters re-adjusted, brake calipers rebuilt, brake discs replaced, non-working wiper actuators fixed, damaged passenger side wing repaired and resprayed, custom steering wheel fitted.
Notes: Purchased in Katy, Texas. Previous owner swapped the original engine with a 327 cubic inch unit from a 1967-1968 Chevrolet Camaro and replaced the convertible top. Restored car taken to a dry lake bed, where Edd drove it at 100 mph and Mike took it on a high speed slalom test. Sold at US$1,000 above asking price.