View Single Post
  #75  
Old 09-14-2007, 10:54 AM
L78M22Rag L78M22Rag is offline
Senior Member
 
Join Date: Dec 2005
Location: Alberta, Canada
Posts: 2,525
Thanks: 1,702
Thanked 761 Times in 362 Posts
Default Re: value of a ZL 1 clone with a real ZL1 motor

[ QUOTE ]
Make him a very fair offer on the car. He might then at least start thinking about what he could do with the money.

[/ QUOTE ]

Charlie, I've been increasing my offers since 1991! Last Christmas I offered him the chance to buy the motor on a shotgun basis. I figured the motor was worth about 20% of the overall value (if motor is worth 20% of a restored car... 20% may be low based on a car needing a total restoration). To keep him honest, I asked him to make me an offer for the motor - both of us knowing that his price dictated his value of the car. If his offer was fair - I'd sell the motor. If he low-balled me, I would then be able to buy the car for the other 80% of the value. He led me to believe that he was going to call back and give me his offer... but a couple days later his wife called and claimed to want to buy the motor for him as an anniversary present without him knowing. The fact that he hasn't called back since tells me he put her up to it. Six months later she called back - again trying to buy it for their anniversary... how many anniversaries do some people have?

I really had good intentions to work a fair deal with him (either buying or selling)... now I'm thinking about building a clone of his car and dropping the motor in it.
Reply With Quote