Supposedly the sticking point is it’s a 200k resto. That may be, but you can spend 200k on a pinto and it’s still only worth what the best pinto for that year is worth.
I often wonder how you could spend 200k on a restoration. Knowing all the time you would NEVER get that kind of money back out of it on its best day. One would think someone who could afford to spend that can of money would be smarter than that ..
I did a ground up on a 68 Charger RT, 440 4spd a few years back and all in done the man was in it for right about $75k, and that included the buy in for the car.