I have a number of friends who run car restoration businesses. One of these is John Saccameno at Sport and Specialty Restorations in Illinois. John’s company has restored a large variety of cars, all to exceptional levels, and they specialize in Austin-Healeys. According to John the cost to restore a fair condition Healey 100 that is a driver into a reliable and nice-looking example will easily cost a minimum of $100,000 to get there and likely more.
This is not a concours-level car, but a #2 condition serious driver-level car in great condition. The seller, located in Macedonia, Ohio, describes this Healey as having a 10-year old restoration that has held up quite well over the years. They state that the bodywork is excellent, which ensures that the doors close properly, the louvered hood fits right, and panel gaps are even throughout. In addition, they claim that this car has excellent chrome trim, just nice enough to make this Healey 100-4 sparkle without looking weighty.
They close by saying that all of the factory Smiths gauges, lights and other ancillaries are fully operational, as is the factory overdrive. This Healey 100-4 also has a matching blue vinyl folding top, full side curtains, as well as a cockpit tonneau.
The price of this 1955 Austin Healey 100-4 is a very reasonable $69,900, which is about half the price of what it cost to restore it 10-years ago. A decade ago that cost would not include the price of buying the car that you wanted restored.
To close here is John’s final bit of advice.
“This is a car that is perfect for the person out there who has had a ½ finished Healey 100 in their garage for the last 10 years, the one that has Christmas ornaments and other things stacked on top of it, they should sell that car to a younger enthusiast and buy this one, which looks to be a car they can drive and enjoy immediately. Since the best part of classic sports cars like the Healey 100 is in the driving, why not buy one that you can do this with Immediately.”