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You wont spend £50k on the body, but could spend £30k. Then £15k on the motor. £5k on the gearbox. £5k on trim. £15k on suspension and wheels. A rewire, new rubbers all round, refinish all the brightwork, replace all the fasteners, new brakes, etc.
£100k comes up quite quickly unless you do lots yourself.
Hefty
@Dammit
One second, I shall commence the sub-sofa cushion rummage.
In all seriousness, it does support buying a shell, then doing what seems to be the standard Enviro-Strip/Barry Carter/paint-shop/agonisingly drawn out rebuild in double garage process.
Unless Mr Carter is ~£50,000 of course.