Pro Touring Vehicle Value

[vintageracer]

What's a PT Car Worth????

Determine a price for the car YOU would like as a PT car that you would buy in "Needs Restored" condition.

ADD to the above number the cost of 500 hours to 1,500+ hours of BILLABLE labor at $50.00/hour or more that will be needed to build the car into a REAL PT car. By "Real PT Car" I mean just that! A real built to the hilt PT car and not some "Resto-Mod" the seller is pimping as a "PT Car".

ADD to those numbers the RETAIL COST of ALL the parts needed to build the car. This includes restoration parts, body parts, paint, interior, PT Parts, Suspension, Brakes, Engine, Transmission, Rear-End and On and On! I think you get the picture. Remember you like the rest of us are a nobody so you PT parts will not be "Free To Good Home" or heavily discounted.



Once you have determined ALL the above COSTS add all three numbers together and then DIVIDE that total Dollar Number by 2.

That should give you a real good idea of a good Market Value of most REAL PT cars for sale today.

The market changes just as trends in the hobby changes. Most folks don't look for "Yesterdays Big Thing" in PT cars which means cars built a couple of years ago are "old school", not current in technology and their market value reflects that.

Don't believe me?

Look at arguably ONE OF IF NOT THE BEST PT Type Cars ever built that being Bob Johnsons G Force Cuda. It won EVERYTHING there was to win and countless magazine articles and TV spots. $1MM to build and after winning EVERYTHING a year and half later the car SELLS for $500,000. Time, trends and people move on when it concerns a top notch and well promoted car and when that happens the price DROPS QUICKLY!

In most cases that price drop is FAR WORSE for a "No Name" Nice PT Car that most of us here will own.

Hope this confuses you even more!

By the way "I" still think the "G Force Cuda" is still the BEST PT TYPE car ever built!

Simply Magnificent!

[groho]

I'll vouch for the 1500 hours of labor!

[BMR Sales]

I'll vouch for the 1500 hours of labor!

I guess that is what is hard for many to swallow - 1500 is 37.5 Weeks of 40 Hour Work Weeks - you better not be taking Bathroom breaks while you are on my Clock!

[1989GTA]

I don't know. The TV Show "Overhaulin" does all that in a week.

[go-fish]

I would say the G-Force 'cuda is up there but a little too much street rod meets SCCA for me to say it's the quintessential P-T car. A work of art but so much so that it's almost in a class outside (and above) Pro-Touring. Amazing automobile.

Lastly, and to the meat and potatoes to the subject. When looking at garage builds or shop builds, you have to do your research on them both. Best of Show will pop up on searches as will other reputable shops. Also, don't just look at the shops website. No need in even looking that up. Anyone can create a web page and put anything on it. Example, look at the shop associated with Galpin Ford (the Pimp My Ride place). Look at their website and look at the difference between what they have on it vs. what is being said about them on other sites. It makes researching cars built by companies as easily as your Google-Fu is refined. Source the crowd for your info!

When it comes to individuals it gets a little tougher but who in this day and age hasn't documented, on the web, their over the top home build. If a car is for sale out there and it has no internet history then you need to get a parts list and inspect the car yourself. You also need to know where those parts stack up against their competition. You will need to know the visual difference between good and bad welds. Receipts, receipts, receipts.

If a Garage built car has been built with a build thread to accompany it the internet (the crowd) will tell you the quality. That's the point I'm trying to make on the garage build cars. Are reputable, well known, people chiming in and saying things like, "Nice build!"? Are there not any posts other that the OP? It makes it exponentially more difficult if there is no internet history. That's when, to go with what I said above, you need to become knowledgeable about the overall aftemarket that especially pertains to the model you're looking at. You also need to get the specific intel on the builder through looking at their journey with building that car.

How do you guys feel you should go about buying a home built car that just pops up for sale with now internet documentation? No reciepts? Doesn't it seem odd in this day and age that nobody would document the build, keep receipts, .... ? I know they pop up on ebay all the time. I'm not in the market for a P-T car but if I was I wouldn't have ebay as my primary source for a finished car. I would be looking at "For Sale" sections on websites such as this. I feel you would get a lot more historical data on a car posted here.

[vintageracer]

I would say the G-Force 'cuda is up there but a little too much street rod meets SCCA for me to say it's the quintessential P-T car. A work of art but so much so that it's almost in a class outside (and above) Pro-Touring. Amazing automobile.

Remember the G Force Cuda was built 6-7 years ago.

The definition of the quintessential PT car in today's world has certainly changed from 6-8 years ago!

[vintageracer]

I don't know. The TV Show "Overhaulin" does all that in a week.

Thats true!

Overhaulin does it with 30-40+ people working on the car for a solid 8 days!

There are 168 hours in a 7 day week. If the workers each only put in 12 hour shifts building the car so instead of 168 hours in a full work week let's just say 84 hours to account for the 12 hours shifts the builders work and use the low number of 30 people. That gives us 84 work hours x 30 people = 2,520 hours worth of collective work! Remember there are LOT'S of people working on an Overhaulin car. Paint, body, interior, assembly, fabrication, exhaust, wheels and on and on.

I guess I was low I was low at my 500 hours to 1,500 hour estimate to build a PT car!