Re: 1957 Cadillac Lido - Information Appreciated
Boats are never really 'worth' restoring. Most restoration costs easily meet or exceed the value of the watercraft. It comes down to if you like the boat or not, and is it worth it to you... However, that is aluminum so it will cost much less/ quicker than a fiberglass restoration, and you can probably be on the water pretty cheap with a boat nobody else has. If you are looking for a restoration project as a beginner, restore it.
As for 'worth' in a restored state, a good complete original example might hit $8k, but 1/2 of that is a more realistic figure, and $2,500 I would think would be a 'good' price on a decent restored example would be.