To Build or not to Build…
It seems like every couple of months a new car show pops up on TV. Some character start building a Junker they picked up in someone’s back yard or at auction. He or they spend hundreds of dollars on it ! Work on it for only 5 days and make a fortune on the sale. NOT!! This is FAKE TV. These TV shows are hurting the industry, people think they can do this and then find out they have taken on a monumental task and they cannot recoup their investment. They are not equipped to rebuild a car in their garage, so they have to put out some of the work, such as body and paint, wiring and some engine work. So their ten thousand budget is now twenty-five thousand and car is only worth twenty thousand after all the work is done.
I come across this a lot, where the car is not worth what the seller would like to get out of his car. I tell them what their car is really worth and I get some response like “I spent $40K on my car and you’re telling me it is only worth $30K” or they will say “I saw one go through auction at $40K so mine is worth at least $45K. There is a word that needs to be interjected here it is called ‘”REALITY”.
If you are going to keep the vehicle for a long time you can spend whatever you like on it to achieve your desired look or performance. But if you build it for resale, you need to be very careful on spending on the build.
So when you are watching all these fake TV car shows, before you get involved in a build do a lot of research.
Keep them Rolling!…
Bill