II Much 2.0, ready for Barrett-Jackson

[sunkistcamaro]

Hell yah!!!

[Steve1968LS2]

The guy in the blue shirt!

$175!!!!!

:woot:

[John Wright]

175K...woohoo!

[Roger M]

Awesome!

[WS6]

wooohoo 175k congrats!!!!!!!!!!! You're asking price was spot on John. I guess it just wasn't in front of the right people. Hope it's been worth it for you.

[dropit69]

175 K !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! congrats John !!!!!!!!!!!!!!!!!!!!!!!!!

[BuddyP]

$175 sold

[JEFFTATE]

175,000 !!
Congrats John !!

[68Formula]

$175k SOLD!

[David Pozzi]

$175k! Sold!

[69496]

Congratulations. Not sure what you were expecting but 175k sounds pretty good to me. Nice start to a new project

[Steve1968LS2]

Sort of funny that John has tried to sell it forever at $100k... lol

WAY TO GO JOHN!!!!!!!

[slowcamaro]

congrats. so whats next?

[MrQuick]

SWEET!!!!!!!



congrates John!@!@!!@!!@#!@

man I feel like I just had a baby....

[jski67]

WOW!!!!! Congrats!!!!

Beautiful car...

[68sixspeed]

excellent, even with the bj's cut that's great money! congrats jp!

[SUNK69]

Congrats John!!

[compos mentis]

Just sold for $175K.

[130fe]

Thats awesome!! Congrats John!

[NOT A TA]

WOW ! Very nice.

[Steve68]

ALLRIGHT JP!!!!!!!!!!

175K Congrats!!!!!

The best thing the bidder look very enthusiastic!!!!

[Van B]

Anybody recognize the buyer?

[JEFFTATE]

Post the link please


http://www.speedtv.com/stream/barrett-jackson/

[BayouSS]

Congratulations John!!!!!

[GRNOVA]

Way to go John!!! Congrat:1st:ulations

[David Pozzi]

Can I breathe now?

[Brandon Miller]

I was afraid Speed was gonna screw up and not show it. Great sell on II Much.

[Jimmy Sean]

Congrats John!

[BA.]

congrats John,....sure seems like a great number compared to the fire-sale price you had it at here recently!!

[dmc69]

175k....wheweeee!
:1st:

[BRIAN]

Hope the buyer doesn't Google that one and find old ads. That is crazy!

Congrats and was a good buy at that amount!!

[CRCRFT78]

WOW congratulations JP. Now whats next on the build list?

[TonyL]

W00T!! Gratz John! (man that seemed quick. Was it just me?)

[JEFFTATE]

No TV here. Watching this thread, waiting.

http://www.speedtv.com/stream/barrett-jackson/

[sunkistcamaro]

yah, quick

[colt zantop]

WOW!! I was thinking the same thing....100k coulda bought it a month ago..... good job John!!!!!!!

[Lenie]

Right on John and the rest of the pro touring builders!

[Motown 454]

Way to go!!!

[Mark Antrim]

great to hear that it sold for that kind of money,now on to the next project. congrats

[Steve1968LS2]

WOW!! I was thinking the same thing....100k coulda bought it a month ago..... good job John!!!!!!!

I should have bought it and flipped it... :idea:

[Ash]

Just saw the auction on speed....Congratulations :smoke:. The commentators were hyping the car 3 or 4 spots before it went on.

[AustinClassic]

Nice! congrats John

[JohnUlaszek]

Think I just threw up on myself -- omfg that was nerve wracking.

[dropit69]

that was fun to watch and cheer on..car looked awesome on stage !!!

[Van B]

8% sale fee plus shipping to Vegas. Still netted $150 ish. Not bad considering what he was willing to sell for a few weeks ago...:smoke:

[cheapthrillz]

JP I hope you took the advice about the suitcase and went out and bought one that can handle all 175,000 bones that you are going to bring back with you!!! Congrats! Can't wait to see what is next!

[Bow Tie 67]

Hmmm if only I had bought it a month ago. LOL Congrats John I wish the cameras were on your face when the gavel hit.

[Damn True]

Oh man.....I just had kittens!

Anyone know the buyer?

Tell me that cat is gonna drive the wee out of it?

[tom_a]

Congrats John!!

I thought they dropped the hammer too quick? But 175K is awesome

[f1shman]

Congrats John, sounds like you had a good group of bidders!

[Steve1968LS2]

16% sale fee plus shipping to Vegas. Still netted $145 ish. Not bad considering what he was willing to sell for a few weeks ago...:smoke:

No, the sell just pays 8% plus a couple of listing fees.. the buyer pays the other part.

[Bill Howell]

Hope the buyer doesn't Google that one and find old ads. That is crazy!

Congrats and was a good buy at that amount!!


I hope he does, and tells all his friends looking for real cars to come here and buy from us direct!

[nowukno]

Congrats man!!! 175K

[Van B]

No, the sell just pays 8% plus a couple of listing fees.. the buyer pays the other part.

Ah, I had it in my head what both pay. Well better yet then! He nets over $150.

[dadto2jays]

Wow, great price and payday....

[YancyJohns]

That's awesome John!!! :twothumbs Pro-Touring in not Dead....

[dropit69]

mmmmm a real gnx i want it..damn 120k for that..

[Bill Howell]

On the phone with Frank and John! They are both numb. They were prepared for low numbers, but by the end of the day knew it would be a good night. Frank said he expected $125K. They basically fell out when the hammer dropped. Now they are off to Parta!
Well deserved for sure, now lets cheer them on one more time tomorrow night.

[Van B]

Congrats John!!

I thought they dropped the hammer too quick? But 175K is awesome

I'd bet they were down to two guys for a bit and when the 2nd dropped out they dropped the hammer.

[muthstryker]

just missed it damnit

[GRNOVA]

That was fun!:cheers: Im ready for another round. I will be in your corner tomorrow Frank! Good Luck!

[Mike Norris]

I just talked to John and he was almost speechless. He said by the time he got out of the car to show them how to open the hood she was over $100K and just kept going. Another cool thing is he is at #3 on the highest sales price so far also.

Well deserved for such a great car. We have some planning and work to do next week I believe when he comes by the shop :)

Mike Norris

[Steve1968LS2]

On the phone with Frank and John! They are both numb. They were prepared for low numbers, but by the end of the day knew it would be a good night. Frank said he expected $125K. They basically fell out when the hammer dropped. Now they are off to Parta!
Well deserved for sure, now lets cheer them on one more time tomorrow night.

Yea, I just talked to John.. I think he's in shock...

His wife is already out looking at cars for John to bid on.. lol

[Steve1968LS2]

I just talked to John and he was almost speechless. He said by the time he got out of the car to show them how to open the hood she was over $100K and just kept going. Another cool thing is he is at #3 on the highest sales price so far also.

Well deserved for such a great car. We have some planning and work to do next week I believe when he comes by the shop :)

Mike Norris

But I thought Pro-Touring was dead?

[454bug]

Way to go John!!! :headbang:


I'M SO HAPPY FOR YOU!!!!!! :jump:


I can't imagine how nerve-wracking that had to have been right before John's turn on stage... waiting to see how the bidding was going to go...

PERFECT ENDING!!!!!!!!!!!!!!!!

Now it's Frank's turn...

GOOD LUCK FRANK!!!! :twothumbs

[Steve1968LS2]

Ah, I had it in my head what both pay. Well better yet then! He nets over $150.

So the shopping for a ZR1 begins... :yum:

[Tony_SS]

congrats John!

[pokey64]

That was simply awesome to watch!

[JohnUlaszek]

Just got off the phone with John, he said "he didn't even know how to act".
His phone is obviously ringing off the hook.

I also got to be the person to tell Andrew Borodin, he kept asking me if I was telling the truth.

[dropit69]

cool Rick Degrool just said that was his favorite sale of the night..saying he spoke to John about the car..and top 3 of the night wohooooo !!!

[Bill Howell]

everyone go to chat

[TUBED]

Congrats, that's spot on enjoyment

[The WidowMaker]

id tell you guys it sold for 175k, but i think 30 people already did that at exactally 738pm pst. do any of us have lives? i'll answer "no" for myself.

great sale! now build us something even better!

Tim

[Bill Howell]

who can put it on utube?

[David Sloan]

That was the coolest thing i have seen in a very long time!
Congrats JP !

[93Polo]

Dude hes in Vegas, need I say more.
..with alot of cash in his pocket lol

Congrats to John :cheers:

[MikeDVC]

Dam, I watched most of the coverage but somehow missed it!

Saw it mentioned at the end of the show, during the wrap-up

[Steve1968LS2]

If nobody gets it online I will get it onto YouTube tomorrow day.

[96Z28SS]

Please someone YouTube it going across

[barraza]

Damn I'm glad it went for good money. can't wait for the new project. Hope frank has good results also.

[nicks67camaro]

wow....that is sweet.

[USAZR1]

Wow is right! I'm sure happy for John.
Man,that's just awesome!

[GHOSTDANCER]

Congrats John!!

I thought they dropped the hammer too quick? But 175K is awesome

I agree. I think there they were ready to keep bidding but he dropped the hammer.Congrats it was fun to watch.

[RS_Customs]

Beautiful car! Congrats on the sale John.

Robert

[Rybar]

Congrats John, great sale price I am sure you are a happy man!!

[BonzoHansen]

who can put it on utube?

My computer PVR banged it up, but I'll try again.

[Mr.VENGEANCE]

and one for a bad ass car!

175K!... and to think what you were trying to sell it for on here!

ahahahh!!

[ProdigyCustoms]

Quick note, we called a limo and went straight to a incredible dinner. yes we are very happy, suprised? Kinda, but by the end of today we knew it would be strong by the interest in the car. I told john just before we went on the block she would break $100K, When it hit $70K i told him it was gone, and sure enogh did another $100K. Amazing feeling! Rates top ten for me lifetime. For John, I am think the same

We got one more to get done tomorrow night.

Lisa and I are heading out to play, I ain't sleepin tonight. John and Lori went drinkin.

Thanks for the support, we both appreciaste all the kind words.

Later

[TonyHuntimer]

Good luck Frank! Has Empty Nest been getting lots of activity? It's an awesome car.

You can tell there's a lot of interest in the sale of these 2 cars. This thread has over 300 posts. Over 191 posts were logged in 24 hours yesterday on this post thread alone. I wonder if that's a record for us in one day for one thread?

[Mike Norris]

But I thought Pro-Touring was dead?

I guess we will have to ask Frieburger about that one :bsjerk:

It just goes to show that if you do a car well and hit every little detail that it will pay off for sure. Even the details that usually do not matter will matter when it comes to this money for sure. Plus it helps to have a couple people with $$$$$$ that wants the car also.

Once again a big congrats to John. It was very cool for him and his wife Laurie for sure. As quiet and subtle as John is about talking about the car, the car speaks quite well for itself for sure.

No we will see how Frank & Lisa make out and hopefully we will get similiar results. Ought to be an interesting week back here at home next week :)

Mike Norris

[MarkM66]

How horrible, these prices are making the car market out of reach for everyone. They're inflated now! :bsjerk:

Pro-Touring is dead! :bsjerk:

BullSh!t! :machine:

Congrats John! :1st:

[wiedemab]

Wow John! I am so excited for you. I can't wait to see what you have in store for us next!

[Stan W]

Congrats John !!!
That thing shot up fast.It looked great on stage.

[Ron S]

Congrats John,I guess the new project just got a little more high end. Ron

[wblanton]

I missed it last night out cruising the sonic and hanging out. That is AWESOME... Congrats... Ill be watching Empty Nest today, anyone know what time its rolling.

[BayouSS]

Here's a clip I took off of the computer screen with my camera, sorry for poor quality but it will do until Steve or someone else posts a better one.

http://www.youtube.com/watch?v=wZfsv0095s0

[BonzoHansen]

II Much Preview (http://www.youtube.com/watch?v=O13oBdZIdxc)
O13oBdZIdxc

40/52 distribution? lol. I swear that is what he said. :)

II Much Auction (http://www.youtube.com/watch?v=0a6atyh13lY)
0a6atyh13lY

Hardcore pro touring! No silly shrouds or covers!


http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=409.1&aid=303&pop=1

[Twentyover]

Nah- I heard him say 48. It's kind of clipped, but I believe he said it right

[BonzoHansen]

You're probably right!

[jimhamptons]

Wow! Congrats John!

[Twentyover]

potential downside-

First,Congrats to John- that was a beaurtiful car, what I like was the continuity of design and function- no diversion with trendy stuff, just make sure that everyting contributes to the goal.

Potential downside- will this fall off the radar? will this guy bring the car out for us to see? Will he exercise it the way we would like?

I know it's now his, but it would be a shame if this is the last we see of the car. Does anyone know who the winner is?

[Bill Howell]

potential downside-

First,Congrats to John- that was a beaurtiful car, what I like was the continuity of design and function- no diversion with trendy stuff, just make sure that everyting contributes to the goal.

Potential downside- will this fall off the radar? will this guy bring the car out for us to see? Will he exercise it the way we would like?

I know it's now his, but it would be a shame if this is the last we see of the car. Does anyone know who the winner is?

My thoughts about this:

John certainly accomplished what he set out to do and more with the build and eventual sale of II Much. So absolutely, goal accomplished for him.

The new buyer set a new watermark for all true/real Protouring style cars, so HURRAY for him also. He singlehandedly showed the world Protouring is not dead, but thriving, and that there are buyers out there that recognize quality and willing to pay for it.

As for what he does with it? It is his now, so that is his business. The car has proven it can do what it was designed to do and that is recorded here and other places for the ages. If everyone had thrasted on all the musclecars and not preserved some of them back in the day, there would be none left now for us to see or remember. Personally I hope he drives it and uses it for what it was designed but I would be good with him saving it too. It certainly was a ground breaking car, so having it to review in another 30 years will be ok too.

[Wiedo]

Bill, very well said. I totally agree.

[wicked68]

Anybody recognize the buyer?

no - but he had a platinum vip badge on - so he must be a big wheel with bj. I went up to him after and invited him to join the board - so hopefully he will show up on here and can keep us updated on the car.

[Bow Tie 67]

II Much Preview (http://www.youtube.com/watch?v=O13oBdZIdxc)

40/52 distribution? lol. I swear that is what he said. :)

II Much Auction (http://www.youtube.com/watch?v=0a6atyh13lY)
0a6atyh13lY

Hardcore pro touring! No silly shrouds or covers!


http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=409.1&aid=303&pop=1

Look at the guy who bought it in the preview video. You can tell buy his body language he is stoked and wants this car.

[MikeDVC]

Scott, (Bonzo), thanks for posting that clip

[Rybar]

Look at the guy who bought it in the preview video. You can tell buy his body language he is stoked and wants this car.

Good observation, didn't see him in the background. I sure hope he doesn't find the original for sale thread if he joins the forum. he will be pissed.

[Steve1968LS2]

Good observation, didn't see him in the background. I sure hope he doesn't find the original for sale thread if he joins the forum. he will be pissed.

Yea, but for the extra $94,000 he paid he got to be on TV and got a BUNCH of free drinks..

;)



Seriously though.. he couldn't have that car built for $193,000 so it's not like he overpaid...

[CliffS]

Awesome, congrats John!! And yes a PT milestone sale.

[LMDGUY]

Congrats on the sale. the car looked amazing under the lights. Even my GF got excitied the bids started to climb!!

[Roger M]

As of right now, John's car is number 3 on the top dollar sales in the auction. Pretty impressive.

Click on the link and then on Live Results.

Live Results (http://www.barrett-jackson.com/#)

Congratulations John. :cheers:

Whats next?

[rsk68]

Congrats John that was just WAY to cool to see!

So who is thinking of selling there car now after that?

[Bow Tie 67]

I yelled at my neighbor today for leaning on my primer.

[camcojb]

Congrats John that was just WAY to cool to see!

So who is thinking of selling there car now after that?
I am................. :idea:

Jody

[Steve1968LS2]

I am................. :idea:

Jody

Me too, but I'm chicken.. lol

[James OLC]

hmmm....

[Tiger]

Congrats John, I hate to see it go but but I feel the pricelevel was very good, hope you are happy.
so now that you know, what car is up next?

[The Rook]

Congrats John!!! Okay, I have to admit, I slept through this.....I had to work at 4am this morning so I crashed early. Just reading the last 10 pages of this thread was exciting enough. I'm thinking this will bring Pro-Touring back from the dead so I'm gonna take the $550 79 Camaro out there next year....I think I can get $560 easily! It's not "Hardcore Pro-Touring", more mildcore but I'll give it a shot! LONG LIVE PRO-TOURING!!! Awesome news John!!!

[dadto2jays]

I wonder about that blonde lady in the front row that has bought already 29 vehicles

[rob07002]

Congrats John, way to go!!!!!

Now, having been to Vegas a number of times, take your +- $145k, and head straight to the airport, and get on the first plane outta there... Watch out for the slots at the gates too...LOL!!!

Seriously, congrats man, I'm very happy for you.

[Steve1968LS2]

I wonder about that blonde lady in the front row that has bought already 29 vehicles

Well, the group has.. that's a **** ton of cars.. and none of them were "cheapies"..

I guess they had a few million bucks to spend.. :shrug:

[BonzoHansen]

To recap.

II Much Preview (http://www.youtube.com/watch?v=O13oBdZIdxc)
O13oBdZIdxc

40/52 distribution? lol. I swear that is what he said. :)

II Much Auction (http://www.youtube.com/watch?v=0a6atyh13lY)
0a6atyh13lY

Hardcore pro touring! No silly shrouds or covers!


http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=409.1&aid=303&pop=1

Empty Nest:
http://www.youtube.com/watch?v=BBq-wtW1cqE
BBq-wtW1cqE

http://www.barrett-jackson.com/application/onlinesubmission/lotdetails.aspx?ln=702&aid=303&pop=1

[SicMonte]

holy crap was I nervous all weekend!! I am glad to see that your car went for so much...you deserve it!! Great car and I can't wait to see what you come up with next!!!!

[spaghettio]

i wish i could have that car

[parsonsj]

What a week!!!!

I just got back an hour ago (flew red-eye from Vegas).

Thanks very very much for all the support and luck!!! It really helped get through the experience knowing all you guys had my back! This whole Barrett-Jackson experience was a lifetime experience. I'm still not sure how to behave.

Milton (the new owner) is gonna drive it, and it might even show up at the Texas Mile event.

I told you guys I'd let you know what numbers I had in mind before the auction:
"shoot myself" $30K
"live with it" $50K
"pretty decent" $75K
"holy cow, where's the Ferrari dealership?" $125K

There might be a Ferrari in my future, but not any time soon. :)

Thanks again guys!!

jp

[Yelcamino]

What a week!!!!

I just got back an hour ago (flew red-eye from Vegas).

Thanks very very much for all the support and luck!!! It really helped get through the experience knowing all you guys had my back! This whole Barrett-Jackson experience was a lifetime experience. I'm still not sure how to behave.

Milton (the new owner) is gonna drive it, and it might even show up at the Texas Mile event.

I told you guys I'd let you know what numbers I had in mind before the auction:
"shoot myself" $30K
"live with it" $50K
"pretty decent" $75K
"holy cow, where's the Ferrari dealership?" $125K

There might be a Ferrari in my future, but not any time soon. :)

Thanks again guys!!

jp

Congrats again John! It took some serious balls to take a chance like you did. Like they say, if you don't play big you don't win big; apparently you played big!

So what's next on the "gotta build it" list?

[andrewb70]

John,

Congratulations!!! I can't wait to go to some car show and stand next to a 67 Nova and recall the tail of II Much. Tell the owner how you used to have a 67 Nova that had a road racing chassis, custom suspetion, a 600 HP engine. How it was on the cover of Popular Hotrodding magazine ans then sold for $175k at BJ auction in Vegas. You know, nobody will ever believe you!!! Way to go.

Andrew

[CarlC]

Congratulations JP. I was on a fishing weekend with my buddies and we were all rooting for you. We were all a bit nervous considering some of the prices from the previous evening.

Good luck on you future endevours.

BTW, you (and your wife?) and Bill were on TV for a bit on Saturday night during one of biddings.

[Tony_SS]

Congrats again John! It looked like the new owner was stoked during the bidding and that he might have knew all about II Much beforehand. Either way both of you guys came out great! Can't wait to see whats next.

[parsonsj]

Carl,

Tell me more about the TV spot... my wife was there (Lori), but I don't remember being on TV. And: Bill who? Howell? Was it a taped shot or something?

jp

[Damn True]

JP,

Let's make sure the new owner gets an invite to the site and to next years RTTH and Motor-State.

[gt1guy]

Congrats JP, way to go. I always liked your car.

Do you have to pay tax on what you sold the car for? Just curious.

Kevin

[dropit69]

Congrats again John..who's this Milton guy seems like alot around here know him ..whats his background?? i love to know stuff about fellow car guys with that kind of money to spend..

[Steve1968LS2]

Congrats JP, way to go. I always liked your car.

Do you have to pay tax on what you sold the car for? Just curious.

Kevin

John mentioned this to me (he thought he did).. but I don't think so. The only way would be if it fell under a "capitol gains tax".. meaning he made money on the build.

After all when you sell you're used car do you have to pay tax on it? No, because you didn't make a profit.

John was thinking he might have less in the car in materials and parts but I reminded him of his labor. Even at $25 an hour that's over 100,000 in labor invested.

In other words when you factor materials, parts and labor then John didn't show a profit

To told him to go see a good accountant

[gt1guy]

I hope that's the case and it all goes in his pocket. He deserves it.


Kevin

[Tony_SS]

Depends I think it still needs to be reported as income if it was a 'company car'.

[Steve Chryssos]

hmmm....

:lmao:

Congratulations John and Lori. You guys deserve the pay day.

I must admit: I was guessing somewhere between "Shoot Myself" and "Live with it". I'm pleasantly shocked. B-J definitely knows how to put on a circus, but I had no faith that they could attract the right kiddies for II Much--especially at the Vegas event.

[parsonsj]

I must admit: I was guessing somewhere between "Shoot Myself" and "Live with it". I'm pleasantly shocked. B-J definitely knows how to put on a circus, but I had no faith that they could attract the right kiddies for II Much--especially at the Vegas event.As far as I know, none of the bidders knew anything about the car. I spent hours explaining the car to potential bidders. Andrew Borodin forbid me from using engineering jargon... maybe that's the secret! One other thing to note: there were several new cars (Ford and Chrysler) that "copied" II Much's blue. The joke among us afterward is that blue is the new orange. :)

jp

[John Wright]

JP, that "blue"(new orange) looked awsome under those lights :smoke:

[Steve1968LS2]

Depends I think it still needs to be reported as income if it was a 'company car'.

Why?

It's only income if you make money.. also, I don't think this is a "company car".. it's just a personal car.

[Tony_SS]

AFAIK, If it's built as a company car then you can deduct the expenses but must claim the sale price as income when sold. And taxes would apply to the profit, if there even was any.

But I think there are a few ways that company cars are recorded for tax purposes though.

[CarlC]

If memory serves.....

Bill was wearing a red/grey golf shirt, you were on his left. The three of you were at a table that was 3-4 feet above a bidder toward the latter part of Sat. evening. I swore it was you and Bill, but I'm wrong a lot more than right....

[DJW32]

What a week!!!!


"holy cow, where's the Ferrari dealership?" $125K

There might be a Ferrari in my future, but not any time soon. :)

Thanks again guys!!

jp

John,
What are you thinking about for the next build? I hope it will not be a Ferrari.

[preston]

Wow... I would have never thought you'd get that much money for it.
Congratulations. It would take me weeks just to narrow down my project list to 10 ideas.

Makes me want to paint my car and tow it down there LOL.

What did II Much weigh overall ?

[Steve Chryssos]

.......Makes me want to paint my car and tow it down there LOL.

What did II Much weigh overall ?


Do it!

$53.85 per pound?

[parsonsj]

What did II Much weigh overall ?Around 3200 lbs or so. Or 3132 plus A/C. :)

jp

[parsonsj]

Bill was wearing a red/grey golf shirt, you were on his left. The three of you were at a table that was 3-4 feet above a bidder toward the latter part of Sat. evening. I swore it was you and Bill, but I'm wrong a lot more than right....Carl, you need to get your meds checked. :) Bill wasn't there. We were all backstage with EmptyNest, until it ran, then out drinking/eating afterwards. I thought maybe you had seen a RTTH video or something.

jp

[compos mentis]

Congrats John.

It would be interesting to hear Milton's impressions of II Much once he puts it through its paces.

[parsonsj]

He's got my contact info, and he said I'd hear from him. I'm gonna try and write up a II Much User's Guide over the next few days, because I forget how much that only I know about the car.

jp

[Bow Tie 67]

John I was surprised at your numbers and thought they would be higher, like 50k being the bottom shoot yourself number. Anyway, with such a great outcome, I'm sure its nice to have so many choices / decisions to play with. Congrats

[bret]

John mentioned this to me (he thought he did).. but I don't think so. The only way would be if it fell under a "capitol gains tax".. meaning he made money on the build.

After all when you sell you're used car do you have to pay tax on it? No, because you didn't make a profit.

John was thinking he might have less in the car in materials and parts but I reminded him of his labor. Even at $25 an hour that's over 100,000 in labor invested.

In other words when you factor materials, parts and labor then John didn't show a profit

To told him to go see a good accountant

Capital gains tax [currently 15%] is much cheaper than ordinary income tax [40% at that level]. I have been through this. Several times.
If you claim labor costs, SOMEBODY is going to pay income tax. If you don't claim labor then you pay capital gains tax on the difference between the price of the parts and the selling price...IF you can provide documentation for the parts bills, and IF you have owned the unit for over a year.

Yes...see a GREAT accountant...immediately.

At any rate...great car = great price. Congrats!

[Steve1968LS2]

Capital gains tax [currently 15%] is much cheaper than ordinary income tax [40% at that level]. I have been through this. Several times.
If you claim labor costs, SOMEBODY is going to pay income tax. If you don't claim labor then you pay capital gains tax on the difference between the price of the parts and the selling price...IF you can provide documentation for the parts bills, and IF you have owned the unit for over a year.

Yes...see a GREAT accountant...immediately.

At any rate...great car = great price. Congrats!

I would imagine that since he's owned the Nova for something like seven years it would be easy to show (throught photo documentation) how much labor he's personally put into the car.

With that, the parts, the materials, the transport/fees, and all the other stuff he should be able to cover most, if not all, of what he gets from BJ.

[bret]

What a week!!!!

I just got back an hour ago (flew red-eye from Vegas).

Thanks very very much for all the support and luck!!! It really helped get through the experience knowing all you guys had my back! This whole Barrett-Jackson experience was a lifetime experience. I'm still not sure how to behave.

Milton (the new owner) is gonna drive it, and it might even show up at the Texas Mile event.

I told you guys I'd let you know what numbers I had in mind before the auction:
"shoot myself" $30K
"live with it" $50K
"pretty decent" $75K
"holy cow, where's the Ferrari dealership?" $125K

There might be a Ferrari in my future, but not any time soon. :)

Thanks again guys!!

jp

John...new owner looked like Milton V. from Houston? Hell of a nice guy...he bought my 56 F100 about 3 years ago at the Scottsdale auction. I haven't heard from him after that. Good to see he is still an enthusiast..with money to spend!

You have to remember that these guys with money are NOT lacking in brains...that is how they got money in the first place [most of them]. They may not have specific knowledge of our sport, at least to our level, but their thought process leads them to the best cars...nearly every time.

Great job!

[SicMonte]

Congrats again John! It looked like the new owner was stoked during the bidding and that he might have knew all about II Much beforehand. Either way both of you guys came out great! Can't wait to see whats next.


I agree with that! The guy in the blue shirt seemed really exited to bid and it looked like he WANTED that car!!





.......I wanted that car too............:enguard:

[Bill Howell]

What a week!!!!



I told you guys I'd let you know what numbers I had in mind before the auction:
"shoot myself" $30K
"live with it" $50K
"pretty decent" $75K
"holy cow, where's the Ferrari dealership?" $125K



jp

OK, so let me get this right, at the sale price of $175K, you canLive with it($50k)even afterholy cow, where's the Ferrari dealership ($125K).
Now that is what I call having your cake and eating it too....haha

As you already know John, congratulations on the entire saga. I know you struggled with the decision, but looks like you did the right thing. I bet there are several out there that wish they had bought it when they had the chance.

[Bill Howell]

If memory serves.....

Bill was wearing a red/grey golf shirt, you were on his left. The three of you were at a table that was 3-4 feet above a bidder toward the latter part of Sat. evening. I swore it was you and Bill, but I'm wrong a lot more than right....

Wasn't me Carl. May have been Frank?

[Bow Tie 67]

Wasn't me Carl. May have been Frank?


LMAO Frank impersonating Bill :razz:

[southernfriedcj]

I would imagine that since he's owned the Nova for something like seven years it would be easy to show (throught photo documentation) how much labor he's personally put into the car.

With that, the parts, the materials, the transport/fees, and all the other stuff he should be able to cover most, if not all, of what he gets from BJ.


Unless the labor was paid for it will not count towards the basis for the car's cost.

If the labor was not paid for, the receipts (materials, storage, utilities, ect) can be added up and deducted from the sale price. The amount remaining will be a cap gain or a cap loss.
If a cap loss is the case you can only deduct $3,000 per year of the loss off of you ordinary income. Of course you can off set a cap gain with a cap loss dollar for dollar.

[Steve1968LS2]

Unless the labor was paid for it will not count towards the basis for the car's cost.

If the labor was not paid for, the receipts (materials, storage, utilities, ect) can be added up and deducted from the sale price. The amount remaining will be a cap gain or a cap loss.
If a cap loss is the case you can only deduct $3,000 per year of the loss off of you ordinary income. Of course you can off set a cap gain with a cap loss dollar for dollar.

Like I said.. he should go see a CPA...

[parsonsj]

II Much Fabrication, LLC built the car. I've got documented parts costs, tools' costs, advertising expenses, inventory costs (nuts, bolts, sheet metal), etc.

II Much Fabrication, LLC will show a profit this year, after years of losses. My accountant will get this right for me. :)

jp

[parsonsj]

And yes, it was Milton V. I thought he was from Newport Beach CA. But the FedEx sticker on the windshield said Texas, so it is probably him.

A VERY sharp guy.

Bret, you never heard from him again?

[MrQuick]

What a week!!!!

I just got back an hour ago (flew red-eye from Vegas).

Thanks very very much for all the support and luck!!! It really helped get through the experience knowing all you guys had my back! This whole Barrett-Jackson experience was a lifetime experience. I'm still not sure how to behave.

Milton (the new owner) is gonna drive it, and it might even show up at the Texas Mile event.

I told you guys I'd let you know what numbers I had in mind before the auction:
"shoot myself" $30K
"live with it" $50K
"pretty decent" $75K
"holy cow, where's the Ferrari dealership?" $125K

There might be a Ferrari in my future, but not any time soon. :)

Thanks again guys!!

jp
so can you build that GTM now?

What ever you do I can't wait to see the process.
congrats John.

Vince

[dodge]

BIGGG Congrats on the sale John..I was watching the streaming video of your car from over here in Australia.I was excited and its not even my car haha.Well done:1st:

[68Formula]

II Much Fabrication, LLC will show a profit this year, after years of losses. My accountant will get this right for me. :)

jp


You're lucky. Isuck@fabrication, LLC has been losing money for the past 7 years, and will probably continue until I, I mean it, goes belly up. :)

[CarlC]

I did have a few Gentlemen Jack's with my fishing buddies as we watched, but it definately was not Frank (no offense!) It must have been Bill's long lost twin.

[LowBuckX]

My Modem died and ive been out o the loop for a few days and this was the first thing I looked for on the net when I got the modem going and boy Im happy for you.... Cant wait to see your next toy..

[MarkM66]

Unless the labor was paid for it will not count towards the basis for the car's cost.

If the labor was not paid for, the receipts (materials, storage, utilities, ect) can be added up and deducted from the sale price. The amount remaining will be a cap gain or a cap loss.
If a cap loss is the case you can only deduct $3,000 per year of the loss off of you ordinary income. Of course you can off set a cap gain with a cap loss dollar for dollar.

How will Uncle Sam find out where the money came from?

[parsonsj]

How will Uncle Sam find out where the money came from?In my case, I'll be declaring it as income. I've been worried Uncle Sam would soon decide that my car-building business was simply a hobby, and that II Much Fabrication, LLC was a front to avoid tax. Now I can declare a profit, pay some tax, and make my business much more likely to be viewed as legitimate.

jp

[Steve1968LS2]

II Much Fabrication, LLC built the car. I've got documented parts costs, tools' costs, advertising expenses, inventory costs (nuts, bolts, sheet metal), etc.

II Much Fabrication, LLC will show a profit this year, after years of losses. My accountant will get this right for me. :)

jp

Ahh, didn't know you were set as an LLC.. that does change things. And yes, a good accountant is a wonderful thing.

[ProdigyCustoms]

A few years losses can be carried forward to offset profit.

Plus if he reinvest..................

Now back to the car.

[parsonsj]

I like the sound of re-investing. :)

I'm thinking 4 post lift, and a new bandsaw.

jp

[Rick Dorion]

First - a big congrats. As far as a 4-post lift, I was putting weatherstripping on and stopped so I could raised my lift a foot or so to better see what I was doing! Cost/use dropping!

[SicMonte]

I like the idea of reinvesting some of the money into the shop. I am in the market now for a two post lift myself.

As far as the car goes...have you ever thought about a Ultima GTR? I just love those things and you build it the way you want it! just a thought.

[Rybar]

I kind of like the idea of driving to a Ferrari dealership lol.

[bret]

And yes, it was Milton V. I thought he was from Newport Beach CA. But the FedEx sticker on the windshield said Texas, so it is probably him.

A VERY sharp guy.

Bret, you never heard from him again?

I have not talked to him personally. He has dealt with one of my customers in PA on some paintwork on the truck [they removed the Air ride logo], and upgrading to the e2 control system. I have heard he is quite happy with the truck...as he should be...it was great to drive!

[Damn True]

I kind of like the idea of driving to a Ferrari dealership lol.

Driving there the first time would be one of life's great joys. Driving there for your 4th, 5th and 6th scheduled maintenance would be not so bueno.

But sound judgment is easy when you don't have $175k burning a hole in your pocket.

Me? I'd go this route:

https://static1.pt-content.com/images/pt/2009/10/2005AstonMartinVanquishSLogo1280x960-1.jpg

Probably V-12 Vantage.

[Rybar]

Not to get off Topic here True, but I'd have to strongly dis-agree with you.

JP said he'd like to go to a Ferrari dealership (as many of us would) but I'd have to agree with him having been in one of these before:

https://static1.pt-content.com/images/pt/2009/10/800pxFerrari_novitec_rosso_IAA_2005-1.jpg

[SicMonte]

If you get the ferrari....you have to get a F430 Scuderia

[Damn True]

Not to get off Topic here True, but I'd have to strongly dis-agree with you.

JP said he'd like to go to a Ferrari dealership (as many of us would) but I'd have to agree with him having been in one of these before:



The F-car's are no doubt stunning, and ultimately better performing. But if I had to decide between the two (boy, that'd be a tough problem to have eh?) I'd opt for the Aston. Easier to live with on a day to day basis and the cost of ownership is less. Especially given that Aston tends to carry over large numbers of parts from car to car thus replacement parts are more plentiful and the economy of scale means that those parts are often less expensive than many of the single model equivalents on the f-cars.

.....but if I had the means I'd sure love to have an f-car someday.....for a few years.

[camaro2nv]

We have to think about what got him that 175k. I say build another and do it again, stick with what made ya the cash. My buddy bought a Lambo two years ago and its down 55k cheaper then he bought it. He wants to trade it for a 69 Camaro,lol. Hes learning,lol

[vp23271]

Congrats JP!

I have been out of the country for the last week and was hoping to find an update on II Much and EmptyNest. That's a killer car and you got good coin for sure. Looking forward to following your next build.

Thanks to everyone who posted up play by play action at BJ's. My heart was starting to quicken as I read the numbers go up! Good stuff!!

[parsonsj]

Milton (the new owner) called me today. The car wouldn't start, and they wanted to take it for a ride. I knew they liked to play with the engine control rocker switches in the dash, and a quick review of the correct positions found the problem and got it resolved (they had the XFI in "flash new firmware" mode). The car quickly started after that.

I told Milton I'd write him a II Much User and Maintenance Guide. He thought that would be a good idea, and promised to leave the rocker switches alone. :)

He said he'd call later to report how the car feels on the road.

jp

[Larry Callahan]

Cool to hear he was going to drive it. Is he in So Cal? I am as well and it might be cool to go see it if he is up for it.

[Van B]

I know that everyone has been asking you what's next and I am sure you have at least a rough plan in your head. I posted it in one of the threads relating to the sale of your car and I think Steve came to the conclusion that the net sale amount was almost like getting a free C6 Z06 in addition to what you were willing to sell the car for a month or two ago.

Not bad... I know you'll update us all when you start ordering parts...:smoke:

[parsonsj]

It turns out that Milton is from Austin, Texas. The Newport Beach information was wrong.

So... I still don't have a plan, really. I told my long-suffering wife that I'd not jump right back into an intensive car build again. I've got kids to get sent into life (two teenagers) and I'll be working those "projects" as first priority.

I am looking for a slightly and gently used Z06 for track day fun, I'm upgrading my shop, and I'm gonna help Mike Norris with his weird, but cool, LSx Bentley project.

Frank and I are kicking some ideas around, but they aren't firm, and unlikely to unfold any time soon.

There is another big-time build in my future, but it will be a year or two down the road.

jp

[Van B]

It turns out that Milton is from Austin, Texas.jp

Isn't that where SW lives? A lot of cool cars in that town!

[Young Gun]

I gotta head up to austin when Im home to see this thing!

[ProdigyCustoms]

We have to cool our jets for a couple more weeks till the checks come in, then....................... WATCH OUT, LOL!

With SEMA and PRI just in front of us, we could get a lot of ideas and be very dangerous!

[compos mentis]

JP, that is a great idea about creating a maintenance manual.

What color Z06 do you want?

Frank, one suggestion is to do a celebration of 55 years of Bow Tie V8's next year with a '55 Shivy build.

[parsonsj]

Skip, I'm wanting one in yellow. Black is to be avoided in Florida, and I have a source on some yellow Brembo brake calipers.

On the maintenance/user manual, I think that will benefit me as much as Milton. I should be able to write something useful with a few days effort.

jp

[compos mentis]

I think that will benefit me as much as Milton. jp

JP, I like how you put that...

BTW- what mods do you have in mind once you find the right Z06?

[parsonsj]

I've got a II Much User and Maintenance Guide now. Haven't heard from Milton since he got the car started, so I haven't sent it to him yet.

Z06 mods: the usual I guess. Brembo brakes, headers/exhaust/x-pipe, cam, iPhone integration, etc.

jp

[Van B]

Found a 2008 Z51 coupe in yellow, but it is the lowest optioned car I have ever seen. I like the look though. The guy wants $35k for it which I think might be high.

[JohnUlaszek]

I think you should keep the mods simple and tasteful. Keep all the exterior body panels unmolested and then take a plasma or a sawzall to the floor and remove everything on the inside that is 2008 vette and then weld in a crap load of sheetmetal and square tubing and then some sort of optimized geometry for the suspension.

And some fuzzy dice.

[parsonsj]

Funny stuff.

Jeff, I'm liking the idea of the Z06: the widebody and aluminum frame, plus the LS7. Though the price seems good, lol.

jp

[Van B]

I saw yellow and got excited. I'm with you though a Z is the way to go.

[compos mentis]

Might as well get the King... :1st:

http://www.zr1netregistry.com/ZR1_sale.htm

Competition Yellow with Light Beige Leather. Car is in Immaculate Pristine as New Condition. Car was in a heated garage since New. It had 16,450 in 2002 and only 600 miles were added until 2007. I bought the car from Bob Russo, a corvette collector. I drove it from Point Peasant, NJ and it has been stored since.

Corvette owners know what this 405 hp beast is all about so I will let the pictures do all the talking. I have not seen another Competition Yellow ZR-1 in this nice of shape out there, there will be no disappointments!

The NCRS Top Flight award received Oct. 3. It made a score allowing it to go on and receive the Dave McLellan award.The Engine was signed by Corvette Chief Engineer David R. McLellan. Car comes with all manuals, Original Window Sticker, clean ****** and 2 Hardtops as seen in the pictures.
The original tires are wrapped and in storage. It has new F1 Goodyear's.

1994 Yellow/Saddle 20,840 miles $36,000



https://static1.pt-content.com/images/noimg.gif (http://img269.imageshack.us/i/zr17.jpg/)

https://static1.pt-content.com/images/noimg.gif (http://img197.imageshack.us/i/zr111.jpg/)

https://static1.pt-content.com/images/noimg.gif (http://img33.imageshack.us/i/zr114.jpg/)

[parsonsj]

Wow, what an opportunity! I used to lust after those ZR1s! That's a fabulous car!

I think the reaction would be similar to the NFL when the owners found out Rush Limbaugh was in the St. Louis group:
"What?? Parsons is going to buy a piece of Corvette history? I know what he'll do to that car. We must stop him!!" And thousands of 'Vette owners would picket my house. :)

jp

[Nine Ball]

Lucky for you that you like yellow Z06's. Those have the lowest resale value, so you should be able to find one at a good price.

I'll be selling my '09 Cyber Gray Z06 most likely. I'm looking at Ford GT's now. Yellow calipers would look right on a gray car too. :)

[compos mentis]

"What?? Parsons is going to buy a piece of Corvette history? I know what he'll do to that car. We must stop him!!" And thousands of 'Vette owners would picket my house. :) jp

JP those ZR-1 guys are as mod happy as the C5-C6 guys. I started hanging out there http://www.zr1netregistry.com (where I found the car below) to learn about those motors before I buy one to swap into a pro-t build. Almost all those guys mod their Z's to go from 375hp or 405 hp to 500 hp with a set of very basic mods. Wrong color for you but this Z is one of the desired Lingenfelter 415 cid cars.

https://static1.pt-content.com/images/noimg.gif (http://img18.imageshack.us/i/img8815a.jpg/)

https://static1.pt-content.com/images/noimg.gif (http://img14.imageshack.us/i/img8827a.jpg/)

1991 Chevrolet Corvette ZR-1, 39,5xx miles. Asking $35,000. Lingenfelter 415 CID package. At Beech Bend in 2005, ran an 11.2 at 134 mph on street tires before further motor upgrades in 2006. Now has 576 rwhp.

[Flash68]

Skip that ZR1 is pretty badass, esp the motor. That C4 body and platform is just so darn dated now. :) But that motor is insane.

[compos mentis]

Skip that ZR1 is pretty badass, esp the motor. That C4 body and platform is just so darn dated now. :) But that motor is insane.

I agree the C4 is dated. :)

Alot of the ZR-1/LT-5 guys also have a C6 Vette. Asked to choose if they could only keep one Vette, overwhelmingly they choose the ZR-1.

The #1 reason stated is that they choose hearing that LT-5 at 7500 rpm over the advances you get in the C6 platform.

From 1989-1995 a total of 6939 ZR-1's were built. The last 3 years of production only 448 were built each year.

End of my sales pitch ... lol.

[parsonsj]

Reminds me of my 91 Taurus SHO: 7500 rpm is too cool for school.

jp

[Nine Ball]

Current Z06 revs to 7100 rpm no problem. That is also 427 cubes revving like that. I've driven older ZR1's and the sound of that engine at 7500 doesn't sound nearly as good as an LS7 at high rpm.

[JEFFTATE]

I am looking for a slightly and gently used Z06 for track day fun.

jp

I agree , the C6 Z06 is very hard to beat ( for the money )
You can buy a gently used C6 Z06 for mid-40k to mid-50K numbers.
You can not build a car to perform at that level for the same ride , comfort , and performance.

[compos mentis]

0-BzNl8zj5U

I like the cubes of the LS7 so I'll compromise and build a 427 cid LT-5. :1st:

[parsonsj]

Current Z06 revs to 7100 rpm no problem. That is also 427 cubes revving like that.Titanium rods, baby!

[parsonsj]

Skip: is the video from the UK? (dude is driving on the left side of the road)

[Payton King]

Mine as well, but there is a 2007 Red ZO6 with a TVS blower. made 760 at the wheels on pump gas. Super clean for upper 50's on Corvette Forum.

[compos mentis]

Current Z06 revs to 7100 rpm no problem.

How about 8000 rpm? :)

E0Egyp4N-uA&NR

[compos mentis]

Skip: is the video from the UK? (dude is driving on the left side of the road)

JP, I don't know my overseas plates but I've seen some others ZR-1/LT-5 vids from Spain so it could be from there.

This guy has it revving past 8500 it looks like!

SfY0r4yR2B0&feature

[Vegas69]

Doesn't sound like 8500 to me....

[parsonsj]

I'm skeptical as well.

But, 190 mph. Damn!

[parsonsj]

Hey Payton,

I'm looking at that car now. I can't understand why it doesn't sell. 07 Z06, 16k miles, TVS blower making insane power. I'm no fan of red (ticket city), but that car is very intriguing.

jp

[compos mentis]

I'm skeptical as well.

But, 190 mph. Damn!

In this earlier vid the guy hits 8000 in 1st gear and close to it in 2nd. Listen to how non-stressed the motor is.

E0Egyp4N-uA&NR

Not trying to win a debate :) Just put alternatives out there. A couple of 1st gen Camaros will be done soon with LT-5's. One on lat-g and one on here.

Should be interesting.

[Payton King]

Has the correct options inside as well.

I think the blower scares most people off. I watched the vids...how much fun would that thing be as a toy. Probably would be a huge handful on a road course, but how many times do you do that in a year?

[6'9"Witha69]

LT-5s wind out like nobody's business. I've heard the LPE LT-5s live happily @ 9k+ repeatedly.

[parsonsj]

On a different subject: my tax liability is around $25K. Ouch.

jp

[compos mentis]

On a different subject: my tax liability is around $25K. Ouch.
jp

What if you buy a 'business vehicle' this year? :)

(This is like a much more interesting version of 'Spend Ben Stein's money'.)

[MuscleRodz]

On a different subject: my tax liability is around $25K. Ouch.

jpI would be investing in the company before the end of the year before I paid that in.

[ProdigyCustoms]

Don't worry John, I got a good chunk of it spent for you!

[Nine Ball]

How about 8000 rpm? :)

E0Egyp4N-uA&NR

8,000? Childs play. Try a 9,600 rpm LS based 433ci that makes over 1,000 hp - on motor alone.

http://www.planetlsx.com/buzz/1_000_hp_LSX_Engine_Build_-_Without_Boost_/110

[compos mentis]

8,000? Childs play. Try a 9,600 rpm LS based 433ci that makes over 1,000 hp - on motor alone.

http://www.planetlsx.com/buzz/1_000_hp_LSX_Engine_Build_-_Without_Boost_/110

I don't see what your example has to do with a stock LT-5 running 8000 rpm.

[Nine Ball]

You guys were bragging about RPM. Pushrod GM small block turning 9,600 rpm making 1,000 hp doesn't impress you?

Stock LT-5s might be able to turn 8000 rpm, but they aren't making much power for all that rpm. ;)

[compos mentis]

You guys were bragging about RPM. Pushrod GM small block turning 9,600 rpm making 1,000 hp doesn't impress you?

Stock LT-5s might be able to turn 8000 rpm, but they aren't making much power for all that rpm. ;)

I'm as impressed by your LS example as you are by LT-5's modded to the same degree.

How much power are stock LS motors making at 8000 rpm?

Update the LT-5 with the same technology as the LS's have now and then you can truly compare apples to apples.

Because you run LS sites that doesn't mean the rest of us must prefer the LS or acknowledge its the greatest motor ever built.

Motors are personal preference ... which is still allowed in this country.

You're the one who started this whole thing because you couldn't stand my stating that guys who own both C4 ZR-1's and C6's saying if they had to choose just one Vette would choose to keep the ZR-1 overwhelmingly.

That's when you started tearing down the LT-5's sound and bragging the LS sounded better.

If JP buys an LT-5 ZR-1 are you going to tell him what a bad choice he made?

Likely he'll buy a Z06 and I wouldn't criticize his choice even privately.

[Van B]

:grouphug:

[parsonsj]

Thanks Jeff.

I appreciate all the input from Skip and Tony too, but if you two want to continue, one of you should open a new thread.

You're ruining my Barrett-Jackson celebration, lol.

jp

[compos mentis]

On a different subject: my tax liability is around $25K. Ouch.
jp

So I'm partly responsible for detracting from your post B-J fun and frolicking?

I got more juice than the taxman?!

Thanks!

lol

[parsonsj]

I pulled the trigger on a lift today. I've got new garage hardware coming next week, that I'll install with much gusto and frustration. So I'm kinda frolicking. :)

As much as I ever do, I guess.

jp

[compos mentis]

Well JP I would think you look back in amazement from when you started II Much and then through all the work leading up to your monster success at B-J's.

Speaking of the sale, you need to change your website of course to turn the flashing "II Much for sale" sign off...lol

[parsonsj]

Skip,

Thanks for the reminder about the website. I took care of that. I need to revamp the site completely... it's got a lot of old information now.

Here's a pic of my new ride. Well, soon to be my new ride. Funds have to clear banks first.

It's an 07 Z06 with 3500 miles. Many many mods which will save me thousands. It's got the new monster Brembos, HRE monoblok wheels, 285 front tires, 345 rear, carbon fiber everywhere, and some custom touches. Some bolt-on engine upgrades and it made 540 hp on Mike Norris' chassis dyno. Comes with a custom Featherlite trailer made just for it. Price was right, color was right, power was right!

https://static1.pt-content.com/images/pt/2009/10/DSC00484-1.jpg

[Larry Callahan]

Oh hell yes!!!!!! Very nice John!

[compos mentis]

Skip,

Thanks for the reminder about the website. I took care of that. I need to revamp the site completely... it's got a lot of old information now.

Here's a pic of my new ride. Well, soon to be my new ride. Funds have to clear banks first.

It's an 07 Z06 with 3500 miles. Many many mods which will save me thousands. It's got the new monster Brembos, HRE monoblok wheels, 285 front tires, 345 rear, carbon fiber everywhere, and some custom touches. Some bolt-on engine upgrades and it made 540 hp on Mike Norris' chassis dyno. Comes with a custom Featherlite trailer made just for it. Price was right, color was right, power was right!


JP

Congrats looks great..can't tell it from new!

No loss in power from II Much huh?

With all those mods and wrenching done its certainly easier on the body.

I especially enjoy re-reading on your site the genesis how all the handmade suspension pieces for II Much came about.

I look forward to seeing how you revamp it.

[Nine Ball]

Damn that Z looks great! Very tastefully modded. Excellent choice in wheels, I have the same ones:

https://static1.pt-content.com/images/pt/2009/10/DSC04165-1.jpg

[Roger M]

Nice car, John. As stated above, It looks very tastefully done. Are the Wheels 19" or 20"? Do you have any further changes planned?

[parsonsj]

Thanks guys. Skip, the Z makes more power than II Much, and weighs less. Plus it gets 25 mpg. Remember: GM's ECM is your friend, lol. Oh, and thanks for reading those suspension articles again. I just did the same. What a journey II Much was.

Tony: great taste in wheels! I'll be needing some track wheels soon. :)

(anybody recognize the race track in the background of the photo?)

I've also gotten the go-ahead for my next project. And it's different than most rides here: a Mustang. So I'm looking for a clean, running, reliable 68-72 Mustang. Six cylinder/automatic with A/C a big plus, because this will be my kids' ride for their high school years. As they gain my confidence, we'll do some upgrades. Wheels, brakes, manual tranny, V8 over time. But only if they help, and only if their grades and attitude meet some minimum standards.

jp

[parsonsj]

Roger, they are 19 in front and 20 in back. I'll be wanting 18s for track use, but I'm not sure about what will fit the those Brembo calipers.

jp

[srh3trinity]

That Z06 is probably the best looking one I have seen. The wheels are perfect and it sounds like a nice list of mods. I am glad that the auction of II Much went well, that car is impressive, so impressive that a modded Z06 is a downgrade and how often can you say that.

[compos mentis]

Thanks guys. Skip, the Z makes more power than II Much, and weighs less. Plus it gets 25 mpg.

Thanks for the reminder about the great mpg the GM V8's get. I need to rent a vehicle when I bust Mama out of the correctional facility, and I don't want to have to be stoppin for gas more the necessary. :secret:

[barraza]

(anybody recognize the race track in the background of the photo?)



jp

Thats looking down the hill at Road Atlanta toward turn 12

Nice car

[Ralph LoGrasso]

Very nice, JP!!!

<--- SOOO Jealous!!!

[Neil B]

:)

(anybody recognize the race track in the background of the photo?)

jp

Looks like Road Atlanta. Nice Z06. Lots of nice Corvettes attend the Petit LeMans weekend up there.

[Rybar]

Nice score JP. Should be a fun car.

[Payton King]

truely spectacular.

Most corvette guys are running the CCW's C14. They are the only thing clearing the 15 rotors, and are a good price. You can find them used on corvette forum, but I think they are around $2700-$3000 new. The most popular size for the C6Z is 11 front and 13 rear.

Hopefully you will bring that to RTTH so you can take me for a ride.

[Damn True]

Is that the same paint code as your car Payton?

[Yelcamino]

Skip,

Thanks for the reminder about the website. I took care of that. I need to revamp the site completely... it's got a lot of old information now.

Here's a pic of my new ride. Well, soon to be my new ride. Funds have to clear banks first.

It's an 07 Z06 with 3500 miles. Many many mods which will save me thousands. It's got the new monster Brembos, HRE monoblok wheels, 285 front tires, 345 rear, carbon fiber everywhere, and some custom touches. Some bolt-on engine upgrades and it made 540 hp on Mike Norris' chassis dyno. Comes with a custom Featherlite trailer made just for it. Price was right, color was right, power was right!

https://static1.pt-content.com/images/pt/2009/10/DSC00484-1.jpg

Nice new ride John! I'm sure you're going to have a blast with it! Oh, and the color is just right! :smoke:

[Payton King]

Mine is Viper racing yellow sprayed on a white base.

I have always been partial to yellow cars

[Damn True]

I like yellow on very few cars. That Vette chrome yellow, the yellow that some F-cars get, and yours are among the very few.

[wiedemab]

T
I've also gotten the go-ahead for my next project. And it's different than most rides here: a Mustang. So I'm looking for a clean, running, reliable 68-72 Mustang. Six cylinder/automatic with A/C a big plus, because this will be my kids' ride for their high school years. As they gain my confidence, we'll do some upgrades. Wheels, brakes, manual tranny, V8 over time. But only if they help, and only if their grades and attitude meet some minimum standards.

jp

Coupe or Fastback?

I will keep my eyes peeled around our area. Do you have a price range?

[Damn True]

I've also gotten the go-ahead for my next project. And it's different than most rides here: a Mustang. So I'm looking for a clean, running, reliable 68-72 Mustang. Six cylinder/automatic with A/C a big plus, because this will be my kids' ride for their high school years. As they gain my confidence, we'll do some upgrades. Wheels, brakes, manual tranny, V8 over time. But only if they help, and only if their grades and attitude meet some minimum standards.

jp

If I can make a suggestion here JP.

You might want to think about this a little differently. Perhaps from a risk assessment POV.

Now, remember when you were a teenager? Think about the various cars that you and your friends drove. Some had cool cars, some had lame cars. Some had cars that were fast, some had cars that were slow. Some had cars that got good mileage, some had gas-hogs.

Now when "the gang" went somewhere who'd car did they take?

Cool or lame?
Fast or slow?
Efficient or gas hog?

Here is my thinking: You want YOUR kid to be the kid with the lamest, slowest car amongst his/her friends and the car that gets the worst mileage. Why? Because teenagers do stupid stuff. Teenagers in groups do even stupider stuff. Ultimately, anything thing that happens in your kids car can come back to you in terms of liability.

If your kids car gets crap mileage they are likely to be broke and it's harder to get in trouble with no money in your pocket. Thus your kid is more likely to go out with the gang in someone else's car. That's good.

If your kids car is slow and lame the other kids will be less inclined to want to ride with your kid. Thus your kid is more likely to go out with the gang in someone else's car. That's good.

Combine the two and when/if some vehicular silliness does happen it's more likely to happen in someone else's car and it's more likely to be someone else's liability.

Now the hope is, and knowing you a little bit, the likelihood is that your kid will be of sound judgment. The other school of thought is that you'd hope that "the gang" would be with your level headed kid instead of "that kid" and that your kid won't be "that kid". But we all know that kids are kids and even the best ones sometimes have a lapse.

Just something to think about:

https://static1.pt-content.com/images/noimg.gif
https://static1.pt-content.com/images/pt/2009/10/1976ChryslerCordobaSportCoupe-1.jpg
https://static1.pt-content.com/images/noimg.gif