I have been following Mokes and Van prices for a while now and the prices to purchase seem to be on a logarithmic scale/curve, or is that an exponential curve. That doesn't seem to matter whether it is a ferrous challenged one or a pristine version. I sold a tea strainer Moke as a rolling shell about 4 years ago and nearly got a thousand dollars for it. I couldn't believe it. I'm sure this is also happening with many other classic car marques. The Mini and the Moke used to be an excellent first car for us as youngsters but if I had to buy one now I would be struggling to find the funds.
So... you buy a half decent one for anything up to AU$10K (GBP5K) then you are up for (well the sky is the limit) on a restoration. Lets say Minimum another AU$10K. That might get you a decent running and average painted car, which is what I am aiming at. I'm sure some folk here have spent much more on their little beauts......which means we are starting to see cars in excess of AU$40K appear in adverts. I'm not trying to scare folk off buying them but if you don't get in now it might be out of your reach in a few years time. A bit like the housing market.
On the other hand anyone selling a Moke in the next few years and into the future should be sitting pretty if they have kept their Moke for a decent amount of time. It used to be bricks and mortar that were a sure investment....I'm not so sure now.
I am doing a restoration right now and not shooting for the stars but when it is finished I will have an idea of costs including purchase back in 2012 and should have an idea of sale value to see how much it differs. I don't see me selling it for many a year but it will be an interesting exercise.
I am not a purist either as I get just as excited with a modified Moke. I know the way I am with cars and even though I'm retired I still get a buzz working on them. What I mean is it doesn't matter to me if I spend more than I will ever get back on it, so for me it is an exciting time to achieve something I couldn't afford to do during my working life.
Sorry its been a bit of a ramble but I was just wondering if anyone had figures for their projects and would be willing to share them here. It might give prospective restorers an idea of what they/we are in for. I will be breaking mine down into body, paint, seats, electrics, engine and gearbox, brakes and so on, hoping to be helpful/informative at least at a moment in time.