New 50th Anniversary GT-40 Continuation

[1795]

Maybe I am dealing well out of my league financially, but $50,000-$60,000 for an install leaves plenty of profit margin for the dealer. I am sure that they would do it for more if someone wanted to spend some excess cash that they had laying around gathering dust.

Buying high end cars is kind of like buying high end homes, when you really break down the parts and compare a $150,000 home to a $500,000 home, the more expensive home does not have $350,000 worth of better parts. The builder just has a more substantial profit margin because the buyer wanted to feel like he had a substantially better house. It is all just marketing designed towards enticing some people to pay more for basically the same thing that others have but with a couple of extra touches that do not come close to the increase in price.

They look like nice cars and I am certain they will sell some.

[RodKnock]

Originally Posted by 1795

Maybe I am dealing well out of my league financially, but $50,000-$60,000 for an install leaves plenty of profit margin for the dealer. I am sure that they would do it for more if someone wanted to spend some excess cash that they had laying around gathering dust.

If you want a professional like Olthoff or someone like Stewart Hall here locally to do your install to a high standard, with a nice all-aluminum FE, rebuilt transaxle, detailed and sorted, corner balanced, all the proper parts in all the proper places, buyer "upgrades", shipping here and there, labor and profit, then I bet $50,000-$60,000 won't be enough.

I went through the numbers back in 2007 before buying my Kirkham. If you can do all the work yourself, say like Dean with his RCR, then there's no problem.

[twobjshelbys]

Originally Posted by 1795

Buying high end cars is kind of like buying high end homes, when you really break down the parts and compare a $150,000 home to a $500,000 home, the more expensive home does not have $350,000 worth of better parts. The builder just has a more substantial profit margin because the buyer wanted to feel like he had a substantially better house. It is all just marketing designed towards enticing some people to pay more for basically the same thing that others have but with a couple of extra touches that do not come close to the increase in price.

Having built homes at both ends of the spectrum I can tell you that what you are saying is anything but close to the truth. My range was 500K to 750K and someone buying a 750K home had much higher expectations on construction materials and quality.

[1ntCobra]

Originally Posted by twobjshelbys

Having built homes at both ends of the spectrum I can tell you that what you are saying is anything but close to the truth. My range was 500K to 750K and someone buying a 750K home had much higher expectations on construction materials and quality.

I agree. I built my own home using a general contractor. There are plenty of ways to spend lots of money on upgrades. Stucco versus vinyl siding. Pella designer series aluminum clad wood windows with blinds between the glass versus vinyl windows. Radiant floor hot water heating and dual zone a/c versus a heat pump. Fancy tile work versus vinyl flooring. When you look at things like ceiling fans they can range from $50 to $1000. Believe me, you can find all kinds of ways to make a house more expensive and it can add up really fast.

[Bernica]

Having been in construction building for over 40 years, I couldn't agree more.
I have seen $6k toilets, $200k kitchen cabinets, $25k refrigerators....the list goes on. Even doors and hardware can blow your mind!
As mentioned above, if you want to go with best craftsmanship and materials and no short-cuts you are going to pay for them!