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Reviving this thread to get some thoughts and advice. I found a 1978 earlier this year that is pretty much an original survivor. Two prior owners, the most recent since 1981. It has spent it's life in the south Georgia sun, so the original Freeborn Red is faded.
You can get a better idea of the condition of the paint from the rear, by comparing where the spare tire carrier shielded the Georgia sun from the rest of the back.
Yesterday, I applied some Meguiars Ultimate compound to a couple of small sections, and it looks like the paint could be restored pretty well.
My question is, would you do this if you were me, or leave it like it is and just keep it in its original faded condition? I don't want to do something I'll regret later since it's a no turning back process.
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It took 48 years of mine sitting outside in the sun to get this way, no WAY I am going to cover up this beautiful patina. I'm just going to keep it in the garage between uses and wash it from time to time.