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09-08-2014, 07:27 PM | #1 |
Senior Member
Join Date: Jul 2014
Location: Dublin, OH & Clyde, NC
Posts: 494
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Actual Car Value
I started down this line of thinking a few days ago when this thread was started...
https://www.fordbarn.com/forum/showth...ghlight=Afford ...some of the comments indicated even with as little that is left of the car there was still value in it, probably more than the asking price. I know the thinking is probably not logical but thought I would share anyway. As a new "A" owner I've been spending a great deal of time browsing the catalogs and websites from Snyder's, Gaslight, etc. Looking at the prices for replacement parts, wheels, tires, engines, transmission, fenders, and everything else....just to buy 5 wheels with tires you are approaching $2,500. So I decided to create a spreadsheet and go through the Synder's catalog starting with the first page of the "A" parts and put together a list of parts that are currently on my car and the associated costs to replace them. For rebuilt parts that required a trade in to get the lower cost, I went with the lowest possible cost. It did not take very long to get over $15,000, that's where I stopped. Looking ahead in the catalog I saw it would be very easy to far exceed $20,000 in cost. So right now I have my car insured for $15,000, it's pretty obvious that the costs of the parts far exceed that, has anyone else had these same thoughts. I know it's not logical to think you could start ripping apart a car and sell the parts, not to mention the fact that it would be sacrilege to do so, I just find it interesting how things sold as a whole are sometimes less expensive then the sum of its parts. Thanks for indulging me... Nick |
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