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An audiophile and petrolhead's journal: Buckle up! - Page 460

post #6886 of 7133
Probably around the 150k mark to fix the Fezza.

Related to the workshop Magick, do you often roam around having a peek at what everyone is doing?
post #6887 of 7133
The article on the wireless 'phones said that they last 3 hours, and they come with a "storage tube" that has a larger battery that will recharge them while they are in your pocket. I think that's kind of dumb - what the heck am I supposed to listen to while they are in my pocket? The article also said they use bluetooth for the wireless.

For the F12... Hmmm... I'll say $50K in parts + $40K in labor to make it stop smelling like old moldy Italian cheese = $90K
post #6888 of 7133
Thread Starter 
Okay, one small bit of info, would it change your estimates if you found out that salt water ("brackish") rose above the exhaust and heads?
Edited by Magick Man - 6/18/14 at 5:39am
post #6889 of 7133
Thread Starter 
Quote:
Originally Posted by gikigill View Post

Probably around the 150k mark to fix the Fezza.

Related to the workshop Magick, do you often roam around having a peek at what everyone is doing?

All the time. biggrin.gif
post #6890 of 7133
No wonder, it stresses them out and productivity drops. Cut down your visits by 50% and keep an eye on the output. Had a boss like that and he would create a very stressful environment by being around all the time. Maybe hidden cameras might be a better way.
post #6891 of 7133

Since your latest comment seems to suggest that current estimates are low, I'm going to go for $175K as an estimate.

post #6892 of 7133
I also believe in "Management By Walking Around"...


post #6893 of 7133
Thread Starter 
"Where there's a whip, there's a way!"

post #6894 of 7133
Thread Starter 
Okay, the tally is in, after a few small revisions for labor rate (adding in the actual time spent, not what my guys fudged to try and "ease the pain"), and the F12 total bill comes to $193,225.61.

So it has a street value of, say, $355k in current trim, and the price paid was $120k. That's over $313k in it, with a potential of $35k in profit to sell it, if you can find anyone who will to pay that for a salvaged car. The reality is, breaking even will probably be tricky enough. rolleyes.gif
post #6895 of 7133
OK - but you don't have another F12 in the collection, correct? So, the real answer is that you now have a pristine F12 in your collection and you only paid $313K for it. smily_headphones1.gif
post #6896 of 7133
Quote:
Originally Posted by Magick Man View Post

Okay, the tally is in, after a few small revisions for labor rate (adding in the actual time spent, not what my guys fudged to try and "ease the pain"), and the F12 total bill comes to $193,225.61.

I got closest, but I probably only would've guessed something like $85K had you not said anything about previous guesses being too low.

post #6897 of 7133
Thread Starter 
It isn't mine, at least not yet. We were doing the restoration for someone but it's gone beyond what he wanted to spend. His original target was 250-270k total but frankly he paid too much for it to begin with and we didn't know the extent of the electrical and mechanical issues. Everything had to be stripped, large portions of the upholstery had to be replaced (saddle stains badly) and almost the whole cockpit is wrapped in the same leather. The worst however was them (the former owners) trying to start the car after they thought it had dried out, when in fact there was about half a gallon of water in the exhaust. Then the ECU and all the subsystems shorted out in a cascade. Then it was a million little things that all add up to $thousands but have to be accounted for. It's a Ferrari, not a Ford. However, I know that it's completely like new now, if not better.

I'll personally pay the owner what he has in it, plus interest and finder's fee (to keep him happy), and then donate it to the collection, whom the garage will then bill for the parts and labor. So it all works out pretty well.
post #6898 of 7133
Quote:
Originally Posted by Magick Man View Post

I'll personally pay the owner what he has in it, plus interest and finder's fee (to keep him happy), and then donate it to the collection, whom the garage will then bill for the parts and labor. So it all works out pretty well.

First time I have heard of someone making a profit after taking a car in........:tongue:

 

Warning: Spoiler! (Click to show)
Since it is a salvaged car, gonna put MAWDSSSS in? 
post #6899 of 7133
Quote:
Originally Posted by veyrongatti View Post
 

First time I have heard of someone making a profit after taking a car in........:tongue:

 

Warning: Spoiler! (Click to show)
Since it is a salvaged car, gonna put MAWDSSSS in? 


Could always go Racing:)

post #6900 of 7133
Make the money back by posting youtube videos of the car racing and sprinting.
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