When our bus was restored 18months ago. M&D quoted around £6000.. that included loads of cutting and welding.. New cab doors, engine bay lid, rear door, repair to slider... New front panel, new arches x 4, and new panels all the way around from 18" up... Major works.. Then repainting.. But by the time I added new rubbers, new roof canvas, new bits and bobs..Seat covers etc The resto came to near £9000..
i know a local restoration company nr shrewsbury were quoting from 9kfor a resto 12 months ago. thats besides what panels are needed etc. but when you consider the cost of a brazillian at about 27k plus, or a t4 at 29k+ depends on what spec you want. as many have said its ones own personal choice.