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Old 05-17-2017, 03:12 AM   #1 (permalink)
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Thoughts On Selling GTM

Hi everyone, its been a while since my last post. I've been super busy at work, with no time to work on the GTM. I walk past it everyday in the garage and think what a waste since I'm not working on it and have been contemplating selling it. I was wondering what peoples thoughts were around selling a partially built GTM? Ebay? What would a good starting sell price be for something partially built? I'll put a better description later on but it basically at Go Kart stage but still needs some final work before I would put the body on.

GTM Gen 2
All new Corvette parts
New ZO6 Brake Package
New Cable Shifter
New FFR Wheels
New Tires
New: radiator, AC, Starter, battery, etc
LS1 Engine with 39,000 miles
G50.20 Transmission
Vintage Air
Front Splitter
Roof Scoop
Dual Air Intake (not installed)
Pretty much every option from FFR. The only used parts are the engine and trans.

Appreciate your thoughts. Thanks! Bob
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Old 05-17-2017, 03:32 AM   #2 (permalink)
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I would start at 20k and go from there...
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Old 05-17-2017, 03:14 PM   #3 (permalink)
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I have found with long term car projects( my last one took me 6 years and the GTMR is going on 7 and looks like it won't be done for at least 10) that the key is to force yourself to go out in to the shop every night and work for a couple of hours.

I have two teenage kids and everything that goes along with that...sports, school, friends, and daily required family time...but you need to budget your time and force yourself to just spend an hour each day doing SOMETHING on the car, and before you know it, big things will be done.

I know it's difficult, and I know there are other things that are pulling at you, but you have a lot invested already and you will NEVER get those hours or $$ back, so you may as well see it through and at least get the joy of getting to drive the GTM for awhile.

Remember, a GTM is not meant to be a perfect show car, but rather a fun driving car that you can easily build in your garage. Don't get carried away with perfection, get the body on and painted, then have some fun driving it!
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Old 05-17-2017, 08:12 PM   #4 (permalink)
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I agree with Crash. It doesn't have to be a perfect show quality car. It looks like you've done a great job to this point. There aren't many people that can say they built their own car, be one of them!
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Old 05-18-2017, 02:49 AM   #5 (permalink)
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Quote:
Originally Posted by ARROWSTEEL View Post
I would start at 20k and go from there...
Jesus... 20K... I thought the kit itself was 26K now.. I knew it would be a loss but I think Id rather make it into a planter or something... lol
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Old 05-18-2017, 02:51 AM   #6 (permalink)
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I agree with Crash. It doesn't have to be a perfect show quality car. It looks like you've done a great job to this point. There aren't many people that can say they built their own car, be one of them!
Thought about what you both said also. I am on the fence. The body seems like its going to be a nightmare and I didnt want to start messing with it and then decide to sell it.. seemed like kind of a clean breaking point if someone was looking for a GTM.
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Old 05-18-2017, 04:16 AM   #7 (permalink)
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If it's go kartable your 30% done! Completed cars have sold for 40k...
It's the finish work that takes the most time. I wanted a production car fit and finish on my first GTM and spent over 1000 hours on just bodywork. My 2nd GTM was already started by the previous owner and the body work was professionally finished except for paint. It also had all new parts and no doner parts with all the extras.
It's a gen2 and I payed less than 15k for it.
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Old 05-20-2017, 02:20 AM   #8 (permalink)
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Keep it and take your time finishing it. I think you will regret not finishing it. Its is just one of the challenges of buying a kit car. I had the same thoughts about my car and ya it took another year to finish but it was worth it in the end to say, I built this car. I would do it again.
KEEP IT.

Later, Doug
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Old 05-21-2017, 02:33 AM   #9 (permalink)
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If it's go kartable your 30% done! Completed cars have sold for 40k...
It's the finish work that takes the most time. I wanted a production car fit and finish on my first GTM and spent over 1000 hours on just bodywork. My 2nd GTM was already started by the previous owner and the body work was professionally finished except for paint. It also had all new parts and no doner parts with all the extras.
It's a gen2 and I payed less than 15k for it.
so you got Gen 2 with all new parts and finished body without paint ( paint is only 3k if body ready), and had new engine, new tranny, and all new part, this is well over 50k, I guess what a deal.

Mostafa
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Old 05-21-2017, 08:58 PM   #10 (permalink)
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so you got Gen 2 with all new parts and finished body without paint ( paint is only 3k if body ready), and had new engine, new tranny, and all new part, this is well over 50k, I guess what a deal.

Mostafa
Yes, I got a Gen 2 with New corvette parts that included: New C6 suspension, front and rear new calipers, new rotors, new pads and all new hardware bolts/hoses. When I picked up the car it was a roller (no engine/trans) with new Forgestar wheels and new tires. I took the car back apart and reasembled everything with safety wire. The alignment was done based on corvette specs that I also changed to track specs when re-assembling.The body work was professionally done and is ready for paint. I did not put the glass windows in to verify the bodywork was done correctly but it doesnt really matter, this is a track car that will get lexan windows...There are pictures of the GTM on my rotary build thread...
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Old 05-22-2017, 02:09 AM   #11 (permalink)
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You just got great deal, just new part with no engine and tranny could be as high as 20k plus kit and body wrok is worth at least 10K if done right.

CRAZYBOBDS,Mine sits in the garage also have had it for over 5 years, if do not need the money keep it and finish, body work is pain.
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