Real values on our PT cars....

[Rick D]

Originally Posted by coolwelder62

What kind of car is this Rolex you keep talking about.Did some one build a car using a Rolls Royce & a Lexus.

Now thats funny!!!

[Ummgawa]

The Mule changed the way I look at Hot rods, cars in general, and especially the nut and bolt originals (which I still love and appreciate). That car is Iconic.

[andrewb70]

Originally Posted by Streetking

......you build/buy what you want in your budget and enjoy the hell out of it!

More true words have never been spoken. People get all wound up about resale and building THE perfect car, etc....I built my GTO almost 10 years ago. It is the very first car I have ever owned and unless something drastic happens I don't plan on selling it. Since it was done I have done track days, auto-crosses, dozens of trips to the drag strip, and two 4000 mile road trips. I have swapped engines, brakes, suspension components, and tackled numerous technical challenges. The point is that I've been having FUN with my car.

I've also built a couple of dirt bag RX7s with LS swaps which were awesome cars. I could drive them anywhere, run circles around Corvettes and even stock Vipers, and park them anywhere without fear of getting door dings. Those projects were loads of fun!

I don't have deep pockets to commission builds by DSE or Mark Stielow, but I love seeing them come to life, because they push the envelope and set the bar ever higher, which is good for the hobby overall.



Andrew

[bentfab]

Originally Posted by GregWeld

None of you can have my Rolex....

That's ok... cause it wouldn't fit my wrist any ways

[Vegas69]

Then you have a car like Too Much that went for big money at Barrett Jackson. It only takes one guy or in this case, two.....

[Stuart Adams]

Last time I checked a financial advisor, they didn't have building a hot rod as an MONETARY investment option.

But its kinda hard driving or racing a mutual fund or stock.

It's all good.

[elitecustombody]

Originally Posted by Vegas69

Then you have a car like Too Much that went for big money at Barrett Jackson. It only takes one guy or in this case, two.....

Must have been because of the name

[chr2002ca]

I suppose real value can mean different things. I think you're referring to actual monetary value on the market if you decided to sell the car. I'm never going to sell my car, so I don't think about its monetary value. I guess if you buy pre-built cars or pay people to build/enhance them then you definitely have to consider actual street value because chances are you'll sell it one day to start a new project or buy a different car(which, btw, is totally cool in my book). I had a guy in a new Gallardo convertible pull-up at a small car show in Encinitas and tell me that he has a large collection of cars and that he loved my car and wanted to buy it. I told him it wasn't for sale. He said with a smile, "Are you sure about that?". I said, "Absolutely sure", and it felt damn good to say that(and then go home and eat some Ramen noodles). It doesn't matter what he offered me, I would never sell it. I spent nearly every day of 3 years of my life taking that rust bucket apart and putting it back together new, never handing it off to anybody to do any work on it other than apply the sealer coat and blue. It basically defined(robbed me of) 3 years of my life and it's an accomplishment(rare in my life) for me that I just could never let go of. To see someone driving off with all my hard work would be a shot to the 'nads I would never recover from. So I'd say most of my car's real value to me is based on 'pride', and the preservation of my 'nads.

Building a 300K car by DSE? Wow, can't wait to see that one.

[wmhjr]

I've got to agree with both Andrew and Chris about this.

I built my Pontiac for me. Not to sell it, and knowing full well that if I did want to sell it, I'd never get out of it what I put into it. So, in that regard, the "street" value is far lower than my "personal" value.

OTOH, I INSURED my ride for an amount based on what it would take for me to build it all over again. I've protected my "overall" investment, meaning that if it were stolen, I could essentially duplicate what I built down to the last nut and bolt were I to choose that. That's what insurance is for - to protect the OVERALL value so that if it is stolen, I can get "it" back in some way. Not just some equivelent kind of car. I provided massive documentation up front to my insurer so we're both on the same page. It costs me a couple hundred extra a year, but could save me tens of thousands of dollars down the rode.

So, different definitions of "value"

[DriverzInc]

Originally Posted by Vegas69

Another reason to actually USE the car. You'll never recover your investment so you better enjoy it.

Hell yeah!