Quote:
Originally Posted by carbuff
Here is an example which had to be painful for the seller (I didn't search for it, but there was a build thread on this car here in the past).
https://www.mecum.com/lot-detail.cfm...=CH1014-195872
The selling price was $87k, then subtract the 6% seller fee. I know that car was for sale on eBay a while back with a BIN price around $180k. Ouch... |
I think that car is a good representation of something that is "too custom" for most people. I'd be willing to be that it would have fetched more in relation to it's build cost if it looked mostly stock, or "OEM," like Steilow's cars.
I think the other thing that's going to bring in a consistently higher selling price is uniformity in the build. By that I mean that the builder has built more than one similar car, and has "sorted out" the problem areas. I suspect that most buyers of high end cars would feel a lot more comfortable spending a large sum of money when they see a builder can "manufacturer" a small volume of vehicles that meet a uniform standard of quality.
By the way - I am in no way suggesting that the Firebird in that link is not a high quality build. I can tell that a lot of effort went into making a beautiful car... I just think it's too specifically built to appeal to a broad market.
Compare that Firebird above with the
Year One Burt Reynolds Edition
Buyers seem to be willing to pay more when they can buy a turn key car as a package, without having to worry about all the details associated with customizing the build - especially when they know other people are buying a similarly built car. I think it just comes down to perceived reliability.
So like I said before - I think if someone could figure out how to assembly line a first or second gen with minitubs, an LS3, AC, disc brakes, decent wheels, and a nicely upgraded leather interior that looks relatively OEM, I think they'd be able to command a higher price than what most of the customs have been going for at Barrett Jackson.