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Old 07-23-2019, 12:56 PM
Dewey McBride Dewey McBride is offline
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Join Date: Feb 2018
Location: Fairfield, CA
Cobra Make, Engine: Factory Five MK4 w/4.6 DOHC
Posts: 9
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It's not really surprising. There are so many different types of builds that there is a false perception of what the pricing is. An older home built can go for $25-30k because it was a donor build and the quality can really vary a lot. This brings down the entire market. I purchased a VERY nicely equipped Factory Five MK4 with power brake, power steering, DOHC engine, and too many upgrades to list. I ended up paying exactly what the builder had into it. The one thing that did not get factored into the price is the labor and any profit. When a Backdraft or Superformance comes up for sale, how can they explain the extra $30k they are asking? Saying it's "Factory Built" is rarely going to get a buyer to throw down extra $$. You need a buyer that understands the difference in brands. Most that I've talked to don't. I've seen some pretty sketchy home builds but I've also seen some that would put any Backdraft of Superformance to shame. It's really about finding the right buyer for the car. I would be very hesitant to buy a home built at an auction, Backdraft and Superformance give a little more piece of mind but they all look the same.
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