Sunday, November 14, 2010

Mazda Powered TR3 Rat Rod Update

UPDATE: I did some budget calculations a few days ago and realized that a "basic" rat rod build taking in the "knowns" (with a bit of contingency built in for the "surprises") it would cost me about $4500 to build the car. This realization took the "bloom" of the project from a cost perspective. I had originally envisioned a $2-$3000 build. There are so many pieces missing on the '57 that once I started to compile the list the $$$ added up rapidly.

Yesterday the "entrepreneur" in me started to do some research on the desirability of the car from a resale perspective and if there is potential to build the car and turn it over for a profit? I tempered this enthusiasm by trying to determine what the car is worth "as is"? This train of thought moved me into the "automotive art" category and how neat it would be to do the build from a artistic expression perspective!

Then I started to contemplate the tens of thousands of dollars people pay others to build custom cars (or refurbish components) and the $4500 doesn't look unreasonable from that perspective.

Yesterday I made an enquiry to a local British sports car shop as to whether or not they would be interested in purchasing the '57? This is an initial enquiry only and one I needed to make to gather some data on the desirability of a basket case project?

As I confessed to a friend, my Everest is the '59 reconstruction and I really need to stay focused on finishing the build and getting the car on the road before I start any other projects.

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