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"When the people find that they can vote themselves money, that will herald the end of the republic." -Benjamin Franklin
"A democracy will continue to exist up until the time that voters discover that they can vote themselves generous gifts from the public treasury." -Alexander Fraser Tytler -
You are talking a couple mil + just to do a budget resto. Every nut and bolt will have to come off. A resto of that old girl will take years. I bet it goes around 1 mil at auction.
Considering 288 are in flying condition, some rich bastard will buy it.Comment
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There is BIG MONEY in warbird restorations, especially fighters, and particularly P-51s.
You guys are right - it will require a nut and bolt restoration and there will be a few parts that are either hard to find or will have to be made. It won't matter. There is no question that a P-51 that complete will return to the air. Many restoration projects have started as far worse than that.
It will sell for 1.8 - 2.2, and will probably be back in the air inside of two years.When the government pays, the government controls.Comment
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I'll be shocked if it sells for the same price of a complete flying resto does right now.Comment
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I may be way off! You never know how an auction is going to go. But there aren't a lot of 'hangar find' P-51s left, so this is about the last chance anyone is going to have. Also, even a flying warbird requires expensive, periodic maintenance. This is a relatively low hours airframe and a blank slate for a shop to perform a signature restoration.Originally posted by David View PostWhen the government pays, the government controls.Comment
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Brb, emptying everyone's piggy banks and counting nickels...
I really do hope that it gets a full resto and finds the air again. Straight up history and it deserves to soar.
On a side note, if you fuckers hadn't run off freighttrain, he and svo probably would have gone halvesies on that bitch.Comment
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what was the original build cost for a p51? 20k?Comment
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I want to say $40k at start of production to finishing out around $55k.Originally posted by mstng86 View PostComment
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Should have bought one when they were more affordable!Last edited by 46Tbird; 05-08-2018, 08:29 AM.When the government pays, the government controls.Comment
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Hellcats were only two grand back then!"If I asked people what they wanted, they would have said faster horses." - Henry FordComment
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How much for that snazzy air compressor?Originally posted by SilverbackComment
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looks like its $3500 to meOriginally posted by baron von crowder View PostOriginally posted by MarisaComment
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oops, saw it and then saw helldiver when I looked back.Originally posted by red89notch View Post"If I asked people what they wanted, they would have said faster horses." - Henry FordComment
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Lot 1 - P-51D Mustang - 15% Buyer's Premium (ID #1211332)
Current bid:
290000
Time left:
1 day 20: 24: 53
Auction starts:
6/2/2015 1:00:00 PM
Auction ends:
6/4/2015 1:00:00 PM
Starting bid:
150000
Bid increment:
USD 250.00
Bid Deposit:
25000
Overtime Period:
3 mins
Seller:
Los Angeles County
Bid history
Bidder - Date - Amount
lmk 02/06/2015 15:58 290000
av8nfan 02/06/2015 14:38 285500
eric hoffman 02/06/2015 14:35 285250
SSR 02/06/2015 13:40 285000
mustang5151 02/06/2015 13:38 281000
SSR 02/06/2015 13:28 280000
lmk 02/06/2015 13:28 275000
Georgiamite 02/06/2015 13:27 250000
SSR 02/06/2015 13:26 230000
lmk 02/06/2015 13:24 210000
Georgiamite 02/06/2015 13:23 200000
lmk 02/06/2015 13:22 170000
SSR 02/06/2015 13:19 160000
VineJet 02/06/2015 13:06 155000When the government pays, the government controls.Comment
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