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These aircraft are near pristine compared with some of the restorations undertaken on recovered WW2 aircraft. Yes, it will be an expensive business for a prospective new owner, but as someone said above, at least 90% of the work won't need doing.
The main problem with something like this is that someone buys it, and doesn't realise that there is still a full strip and rebuild basically needed.
Then they'd be mad to buy one without either the expertise or taking advice from someone with that expertise. The sort of person who can afford something like this is unlikely to be stupid.
Cheers
Steve
but at the end of the day this was a 'Frame ?' (can't remember which frame a Spitfire data plate is attached to) restoration. There is very little of the original P9374 airframe flying today.
The real answer on expense depends largely on the goals of the restoration attempted. If you want to have a good-looking reliable flying aircraft, it is one thing. If you want every piece to be as it came from the factory, including adding period-correct cotton insulation over modern wires, putting on factory-correct wire lables, and having a complete WWII functioning instument panel, it is another thing entirely.
Frame Five. Despite the externally complete condition of those Buchons, anyone seriously contemplating restoring them would carry out a thorough strip down and rebuild, no question about it. Because there is substantial remains doesn't make the job any easier or less maintenance intensive than, say 'rebuilding' that Spit.