When does too much Racing influence hurt the Value of a Car

[tyoneal]

To All:

I had typed this for the most part in another part of the forum, so here it is in it's own title.

Pro-Touring (Penny) vs. Street Driven Race Car. Why so much difference in price?

You take a nice Pro-Touring car like "Penny", and to buy one you would spend say 100k.

You Take the same year Camaro that is closer to a Race Car, but it has an interior like a "Nice" Race Car, or even a car with a similar interior to "Penny".

Why would one be worth 100k, and the other be worth only a fraction of that?

I could be wrong, but it seems like a new Race Cars (NO Racing History) will have a much lessor value than a Pro Touring of the same year.

One is faster and lighter etc., the other has a more comfortable interior and a more subtle engine.

OR

If the Race Car was Equipped with more creature comforts would it have an equal value?

Any and all thoughts are welcome.

Thanks,

Ty

[TreySmith]

The attention to detail in a Pro Touring car is so much greater than your average race car.

[Vegas69]

Here are some of the reasons:
High dollar paint jobs
Custom interior work
Gobs and gobs of money for the attention to detail
AC
Quality sound system
Body Mods
Extent of the restoration

[mazspeed]

Originally Posted by Vegas69

Here are some of the reasons:
High dollar paint jobs
Custom interior work
Gobs and gobs of money for the attention to detail
AC
Quality sound system
Body Mods
Extent of the restoration

Exactly.
My pro-7 car cost $12k total, plus blood sweat and tears. My camaro cost much much more, and the pro-7 car would take my camaro in the autocross for certain.

[Roadrage David]

Race history can give your car more valiuew.
look at Bad Penny altho superb build it is out there doind what it iz made for.

Bj proving that, it ""wil"" carry that history with it and thats worth up the car.
If you would have lets say 100 k for a superb brand new Pro-touring car with 150 miles on it. And ore you could lets say buy Bad Penny witch is lesser build in luxury and shows it use. witch one would you buy????. I would go for the proven one.

Im doing the same thing with my car right now, it hase 1500 miles on it. its is brand new costed a fortune, yet i dont baby it and try to enter evends we did a time atackt event(testing) some drag raceing at the same event. all in preperation for the cannonball runn necst year( we are just not able to do it this year) belive me the car alredy hase its paint chips and stuff. and necst year it wil hase lost its show and shine beauty belive me . BUT that ads up the caracter of the car!! and shows its history..

At this momend it is still All Show and all go, but that will change into all go soon. will this devaluate the car ??? .
Only in the eye of the beholder , and ore for the show and shine guys, who say, and ore own a car that in TEORY can do it all Yet hase never done it. These Pro-touring G-Mashine cars are made to be driven and i mean driven hard.

[XcYZ]

A car built with race car influence and a car being built to race a specific class are two totally different things. It's apples to oranges.

Personally, if I wanted to build a race car, it wouldn't have fenders.

[Stuart Adams]

Originally Posted by tyoneal

To All:

I had typed this for the most part in another part of the forum, so here it is in it's own title.

Pro-Touring (Penny) vs. Street Driven Race Car. Why so much difference in price?

You take a nice Pro-Touring car like "Penny", and to buy one you would spend say 100k.

You Take the same year Camaro that is closer to a Race Car, but it has an interior like a "Nice" Race Car, or even a car with a similar interior to "Penny".

Why would one be worth 100k, and the other be worth only a fraction of that?

I could be wrong, but it seems like a new Race Cars (NO Racing History) will have a much lessor value than a Pro Touring of the same year.

One is faster and lighter etc., the other has a more comfortable interior and a more subtle engine.

OR

If the Race Car was Equipped with more creature comforts would it have an equal value?

Any and all thoughts are welcome.

Thanks,

Ty

I do believe the more you take a car out in public and pound the hell out of, reduces the value at resale, IMO.

[Vegas69]

I'd have to disagree. In my mind, you need to prove your car is sorted out and has the performance intended to get good money especially now. If I've seen that your car can run a quick quarter mile, compete at the auto cross, and make it around the road course without falling apart. Then I'd pay way more than a car that sits in the garage and goes to car shows. But I am more about the driving aspect than sitting in a lawn chair at a car show.

[XLexusTech]

I have an interesting thought. My car if it were intended to be a pro-touring car would be getting 95% of the sheet metal replaced.

Since it will be more of a street fighter/ Race car I will be repairing some panels.
Partially because I expect I might bang them up anyway.
I wont be getting a 15K paint job, I wont be purchasing a 25k power plant for the same power I can make for 10K simply because that's the hot setup this month in the pro touring scene or what will bring more resale $$$.

I wont spend close to 10K on wheels and tires. I wont have a 3K gauge cluster I wont have a hand fabricated anything unless I make it myself.

So basically a nice PT car cost more so therefore they sell for more .. Some will say your getting more. Some will say they don't need the more the $$ buys.

It's all a matter of getting what you want an enjoying what you have

[James OLC]

I think that there is a balance between Todd and Stuart for sure...

I personally see added value in a car actually doing everything that is capable of doing (hence my building what I did and it's ultimate purpose) however, Stuart is absolutely right that every time a car is on the road, track, or beween the cones it gets worn - physically and mechnically. Cone rash wipes off, brushing a water barrier might not so much... sand, gravel, bugs wind and sun will all take their toll. Brakes get eaten up, bushings, bearings and grears see wear...

Maintenance (I think) comes into play here - BP for instance looks as good today as it did when it came out of BoS over a year ago - but eventually wear will erode value. That is definately where a "used" track oriented car's value will take a hit - the cost of freshening an experienced race car can be steep.