Guys that have 40k think they can’t afford a 110k car, but they can “diy” one just as well, so they limp into something like this. Thus this will be for sale again with little or no work done to it once they figure out they should’ve borrowed the money for the done car. You will spend more on parts and paint to do it yourself than it will cost to just buy the finished car.

Cars going for lower amounts of money are way worse incrementally than the quality you find by stepping up the budget say10k per time. A 60k car isn’t double as good as a 30k car, it’s more like triple or quadruple better.