This is so painful....
The alternate view is not saying that contracts are bad, escrow is bad. It is simply saying that:
Race engines are not roofs. A race engine builder is not the same as a roofer. And don't try to split hairs or wax philosophically about a race engine vs a custom high perf engine. A TT 540 is not the same as the engine in yer Camry.
Judges understand roofs. Judges do not understand $40-$50K TT540's. A smart experienced engine builder will already have been though the wringer with one or more litigious customers. It's usually the customer who makes a 5th to 1st downshift at 100mph resulting in valves bouncing off pistons. That customer type, like the judge who might decide the case, JUST DOESN'T GET IT.
As a result of the above, smart experienced engine builders choose their customers carefully. This proposed contract, no matter how sound it might be, will make a smart, experienced engine builder wary, so.....
Invert that train of thought: The engine builder who does sign the contract might not be smart and experienced. Which leads us to ------->
Find a smart, experienced professional engine builder. Ask for a written estimate on official company letterhead with terms, then demand an invoice with terms before forking over your deposit.
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Steve Chryssos
Ridetech.com
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