Quote:
Originally Posted by ironworks
First off everyone knows that it costs more to build these cars then it does to just purchase one from some one else done. I see alot of guys sell pretty nice cars from 60k to 100k. That cost 2 - 4 times the amount they recoup. But my questions is what are the elements people look for at different price ranges?
With a 30-45K camaro, it would be pretty stock suspension, older paint but still nice, But very reliable, probably small block, or big block or LS1 but not done super nice under hood with an LS.
45-60K camaro would have and LS engine modern billet wheels, probably an LS engine, with possibly aftermarket suspension, Nice new paint but not show stopping perfect.
60-100k - Definitely after market suspension, probably LS7 or higher, mini tubbed, high end detailed interior. Possibly lots of professional quality work.
My questions, Does one suspension MFG command more resale value over another? Does the high resale value make it worth the added cost and possibly labor to install?
How much more money is a car worth that has great stance?
Do mini tubbed cars command enough money to pay for the additional labor expense on a street car? Or does the matter more when the car has bigger horsepower?
Does say an LS9 command alot more money then say an LSA? Or even more if it was a high end builder like Kurt Urban, Mast, Wegner?
What is the ideal platform to make money on in the Gas Monkey Garage kinda builds that are built for resale? Camaro..... Obviously rust free is an obvious first start.
Just wondering.
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Thats a lot of questions, but a couple of obvious points stick out. I think your prices are on the high end. A mostly stock suspension nice good small block car isn't in the $30k-$45k range. I listed my 67 about a year ago, and it was a helluva lot nicer than that description and got real offers in the high-mid twenties. I decided to keep it for now.
You are a shop so I assume you are looking primarily at how to make money from your last question, ie the GMG type builds for resale. My opinion from watching the for sale ads for a while and trying to sell my car is that the money is ALL in negotiating a cheap buy, and working the advertising on the sale. Not to mention you can't believe anything you see on TV, especially buy /sell amounts. The car in the craigslist ad a couple of posts up is a perfect example. Probably a 20 footer, 4wheel drum, with a little rust hiding. Selling a personal car is a huge pain in the ass, and the money is in watching it for a while, pointing out the flaws and then lowballing. People get so tired of dealing with crackpots, they often take the money to end the misery.
Your problem as a shop is that the your reputation rides on every sale, unless you want GMG's hack reputation
.