Feeler - Track Build Thoughts?

[DRLane]

Curious what folks think about a price for this car. Would target $55-$65k depending as is or completing some final projects. Is this realistic?

This is solely a track built car but still driven on the street to/from. Remaining projects would be to strip the wiring to GT4 harness (pending), fully strip interior and paint grey, and install White Lightening Ceramic coated headers. Curious if it would be worth completing those projects and sell at a higher price or sell as is.

‘08 E92 M3, Jet Black, 55k miles. BE / ARP bearings and rebuilt throttle actuators

Harrop Stg 2 (custom crank pulley and tune for ~8.5 PSI)
AP Radicals 9668/9449
Zebulon aero package (72” x 13” with newest style 3D endplates, and 5” splitter).
JRZ 2 Way, 900/1000lbs
18x11" Square, 295/315 R7, Titan TS5 9.5/10.5
Diffs-online Race Carrier custom diff
Custom titanium exhaust headers back
SPL kinematics
DO88, CSF upgrades
BW oil diverter valve
Snow performance water injection
Aluminum sub/diff bushing
BW engine mounts
80a trans mounts
Slonik vanos spring covers
Painted valve covers
Crankcase vents / catchcan
billet jack points (forum member made)
Sabon carbon hood
Trackspec vents

CAE shifter
Pinnacle T45 roll bar
Racetech 4119
BK direct to floor mounts / substrap
Momo 6pt harness
Custom OMP steering wheel w/ buttons and Krontec electric pinned quick release
MXS1.2 dash
Trailbrake TPMS CAN system
SmartyCam 3 Sport
BW carbon sunroof delete
Carbon door cards
Antigravity 24ah battery
Hard MS aluminum trunk floor

[tsk94]

That seems reasonable to me. Given how much these cars have gone up in the past few years, it would cost much much more to replicate the build.

What's next?

[DRLane]

Idk - It’s more an exercise of improving home life and where things are at in this moment.

Might also be a route to funding my contribution for a ‘24 WRL team with some friends. If so something like Lotus Evora GT4 or similar.

[roastbeef]

that car is pretty squared away. i'd say thats a very fair price range.

[admranger]

Adding the headers won't change the price much is my guess. Sell them off separately to recoup most of your $ back.

[DRLane]

Originally Posted by admranger

Adding the headers won't change the price much is my guess. Sell them off separately to recoup most of your $ back.

Fair - But it’s a bitch of a job. So someone might appreciate the substantially lower under hood temps created without doing the work themselves.

[omgzirra_exe]

you'd probably make 7-8k on that harrop parted out and sold instantly, and sell the car for 45K. for someone looking for a turn key track car.

[DRLane]

Originally Posted by omgzirra_exe

you'd probably make 7-8k on that harrop parted out and sold instantly, and sell the car for 45K. for someone looking for a turn key track car.

True but boring The harrop is way more fun on track.

[omgzirra_exe]

Originally Posted by DRLane

True but boring The harrop is way more fun on track.

i agree, im getting the boosty itch right now.... and thus sell me the damn thing for $3.

the hard sale is that some people can't appreciate the zebulon aero package either

[admranger]

Originally Posted by DRLane

Fair - But it’s a bitch of a job. So someone might appreciate the substantially lower under hood temps created without doing the work themselves.

sorry, I thought they were off the car.

[DRLane]

Originally Posted by admranger

sorry, I thought they were off the car.

They are. I meant it’s a pain in the ass install and thus being included on the car makes it more attractive. But agree it may not impact price.

[//steve\\]

I agree with others that while it may be more boring without the Harrop those things are worth a good chunk of change and shouldn't be hard to sell in the $7-8k range. Anything that lets you get the cost of the car down just opens up the buyer pool.

[DrFerry]

DRLane Given the extensive list of mods, on top of the car's value and the Harrop SC, I'd say a fair price is towards the very top of your $55K-$65K range - or even higher. Let me explain: It might be worth adding up the cost of all the mods, then discounting that total some flat percentage to confirm the estimated range of value is reasonable.

Suppose you've got around $60K to 80K in mods and the car itself is worth $27K to $35K (my estimate) then if we applied a 'used mods' discount of say 40% to their retail price then we get (($60K to $80K) X 0.6) + ($27K to $35K) = ($36K to $48K) + ($27K to $35K) => Sales value range of = ($63K to $83K). Discounting the mods by 50% would yield a range of ($57K to $75K) - and I'm just guessing at the total cost of your mods list and ball parking the cost of a used 2008 E92 M3.

Anyway, I hope you understand my pricing approach logic, because the total turn-key package might actually be worth a little more than the top of your stated range IMO.
PS: Not to mention the cost of the labor paid to have the mods installed.

[DRLane]

Originally Posted by DrFerry

DRLane Given the extensive list of mods, on top of the car's value and the Harrop SC, I'd say a fair price is towards the very top of your $55K-$65K range - or even higher. Let me explain: It might be worth adding up the cost of all the mods, then discounting that total some flat percentage to confirm the estimated range of value is reasonable.

Suppose you've got around $60K to 80K in mods and the car itself is worth $27K to $35K (my estimate) then if we applied a 'used mods' discount of say 40% to their retail price then we get (($60K to $80K) X 0.6) + ($27K to $35K) = ($36K to $48K) + ($27K to $35K) => Sales value range of = ($63K to $83K). Discounting the mods by 50% would yield a range of ($57K to $75K) - and I'm just guessing at the total cost of your mods list and ball parking the cost of a used 2008 E92 M3.

Anyway, I hope you understand my pricing approach logic, because the total turn-key package might actually be worth a little more than the top of your stated range IMO.
PS: Not to mention the cost of the labor paid to have the mods installed.

It’s hopeful, but I like it! Luckily this isn’t a financial based need, and thus the timing isn’t as sensitive. So I’m not sure which route I’ll go although I think sometime over the next year will be appropriate (especially if we seriously pursue the WRL team).

Going to finish out some really nice upgrades through spring:
1. The headers (I know folks have differing ideas here), but these should make a considerable improvement to all temps.
2. Rebuilt wiring harness
3. Fire suppression
4. Paint the interior so it’s uniform vs the splotch mess
5. Have the Carbon foot well tray
6. Trim down the dash and likely flock
7. Maybe replace all the glass to lexan options
8. Finalize my custom carbon oil cooler ingress ducting (waiting for this from the composite guy)

😂 I’m clearly addicted. Which is why at some point I have to stop.

[admranger]

With the economy trending towards stagnant at best, sell now why you can. Race cars, even ones with your level of prep, are a cash only proposition. Free cash is dwindling right now in the US.

[DRLane]

Originally Posted by admranger

With the economy trending towards stagnant at best, sell now why you can. Race cars, even ones with your level of prep, are a cash only proposition. Free cash is dwindling right now in the US.

Meh… Sure it’ll lose some buyers that are stretched by a $50k purchase. But honestly the economy isn’t super concerning to me.

[911r]

Originally Posted by DRLane

It’s hopeful, but I like it! Luckily this isn’t a financial based need, and thus the timing isn’t as sensitive. So I’m not sure which route I’ll go although I think sometime over the next year will be appropriate (especially if we seriously pursue the WRL team).

Going to finish out some really nice upgrades through spring:
1. The headers (I know folks have differing ideas here), but these should make a considerable improvement to all temps.
2. Rebuilt wiring harness
3. Fire suppression
4. Paint the interior so it’s uniform vs the splotch mess
5. Have the Carbon foot well tray
6. Trim down the dash and likely flock
7. Maybe replace all the glass to lexan options
8. Finalize my custom carbon oil cooler ingress ducting (waiting for this from the composite guy)

😂 I’m clearly addicted. Which is why at some point I have to stop.

All of those items, while incredible for the next owner, don’t necessarily make sense if your sole intention is selling the car afterwards? If you plan on keeping the car around for another season or two after completing those mods, and THEN sell it I could justify the value. Otherwise, it seems like you’re spending a lot of time and effort on things that won’t necessarily net you much of anything. 55-60 as the car sits seems like a fantastic deal considering the harrop. I would even go as far to say, there is more of a market for dual purpose cars than sole race/track cars. Those mods (lexan, potentially further stripping the interior, fire suppression) may serve to further alienate potential buyers? Maybe not. Just something to consider.

[//steve\\]

Originally Posted by DrFerry

DRLane Given the extensive list of mods, on top of the car's value and the Harrop SC, I'd say a fair price is towards the very top of your $55K-$65K range - or even higher. Let me explain: It might be worth adding up the cost of all the mods, then discounting that total some flat percentage to confirm the estimated range of value is reasonable.

Suppose you've got around $60K to 80K in mods and the car itself is worth $27K to $35K (my estimate) then if we applied a 'used mods' discount of say 40% to their retail price then we get (($60K to $80K) X 0.6) + ($27K to $35K) = ($36K to $48K) + ($27K to $35K) => Sales value range of = ($63K to $83K). Discounting the mods by 50% would yield a range of ($57K to $75K) - and I'm just guessing at the total cost of your mods list and ball parking the cost of a used 2008 E92 M3.

Anyway, I hope you understand my pricing approach logic, because the total turn-key package might actually be worth a little more than the top of your stated range IMO.
PS: Not to mention the cost of the labor paid to have the mods installed.

IMO, labor costs should never count towards what a car's worth. Sure some people have spent a lot but that's on them and I don't think should be reflected in any way in the price. Just a person pet peeve.

[DRLane]

Originally Posted by //steve\\

IMO, labor costs should never count towards what a car's worth. Sure some people have spent a lot but that's on them and I don't think should be reflected in any way in the price. Just a person pet peeve.

I believe he explicitly didn’t incorporate labor into those figures. I agree labor is on you. Just depends if it’s a job that is complex enough as to warrant someone desiring the car more because of said work.

[DRLane]

Originally Posted by 911r

All of those items, while incredible for the next owner, don’t necessarily make sense if your sole intention is selling the car afterwards? If you plan on keeping the car around for another season or two after completing those mods, and THEN sell it I could justify the value. Otherwise, it seems like you’re spending a lot of time and effort on things that won’t necessarily net you much of anything. 55-60 as the car sits seems like a fantastic deal considering the harrop. I would even go as far to say, there is more of a market for dual purpose cars than sole race/track cars. Those mods (lexan, potentially further stripping the interior, fire suppression) may serve to further alienate potential buyers? Maybe not. Just something to consider.

Of course. If I enjoy the car through the next season I’d appreciate the additional improvements. Plus getting it closer to 3100 lbs with > 540 whp is a capable track weapon that will compete with almost anything.

This car is already way beyond dual purpose. It’s a track car you can drive to/from. In which case additional safety is only a plus.

[redpriest]

Those new endplates are the bee's knees.

[DRLane]

Originally Posted by redpriest

Those new endplates are the bee's knees.

I’m sitting here excited about the flat floor and diffuser. I had spoke with Ryan about that a while back and just landed on a bumper chop drag reduction. Now I’m all hot and bothered!