I Know What I Have, and I Know What it Cost to Build

"Goggles Pizzano" (gogglespizzano) 01/21/2020 at 17:51 • Filed to: None

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$599,000

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WilliamsSW > Goggles Pizzano 01/21/2020 at 17:54

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Zero Hour!

atfsgeoff > Goggles Pizzano 01/21/2020 at 17:57

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He wants approximately 68 bitcoins for that car

HammerheadFistpunch > Goggles Pizzano 01/21/2020 at 17:58

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its pretty...though I can think of things I want more for more than a half a mil

Turbineguy: Nom de Zoom > Goggles Pizzano 01/21/2020 at 17:59

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A little too custom for my tastes but I can appreciate the work that went into it. 

Goggles Pizzano > HammerheadFistpunch 01/21/2020 at 18:01

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I think they may be trying to buy a home in Vancouver .

Goggles Pizzano > WilliamsSW 01/21/2020 at 18:02

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Aaaaaa nd, it’s an a uto.

Goggles Pizzano > Turbineguy: Nom de Zoom 01/21/2020 at 18:03

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Yes, but I’m not going to pay for it...

MoCamino > Goggles Pizzano 01/21/2020 at 18:03

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Don’t get me wrong - that thing is beautiful, and I’m sure a live-altering experience to drive.  But the problem with building a car like this is you’re just never going to recoup the cost of building it.  

SBA Thanks You For All The Fish > Goggles Pizzano 01/21/2020 at 18:04

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Still damn gorgeous...

WilliamsSW > Goggles Pizzano 01/21/2020 at 18:04

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BuT sLusHbOxEs aRe FAsTeR

Goggles Pizzano > MoCamino 01/21/2020 at 18:05

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Originally it was listed at $10K less than the cost to build.

Sovande > Turbineguy: Nom de Zoom 01/21/2020 at 18:06

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Agreed. It’s crazy to think they put $770,000 into building it though. I can’t imagine that kind of thinking. Or budget. At the end of the day it’s a real good looking, fast Corvette. My guess is that you could say the same thing about another 10,000 Corvettes out there.

DAWRX - The Herb Strikes Back > Goggles Pizzano 01/21/2020 at 18:06

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Imagine selling a car for 600k on craigslist.

lone_liberal > Goggles Pizzano 01/21/2020 at 18:10

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They spent a lot of money to build something to their taste, now they have to find someone who shares that taste. That’s the conundrum of custom builds. It’s too modified for my tastes, personally, but it ain’t like I have the money to buy it anyway. 

Goggles Pizzano > DAWRX - The Herb Strikes Back 01/21/2020 at 18:17

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There’s been some Jalopnik stories on high d ollar CL ads .

Here’s A Porsche 959 For Sale For $1.2 Million

$1.3 Million Bugatti Veyron: Most Expensive Craigslist

Why someone would bother, I have no idea.

LimitedTimeOnly @ opposite-lock.com > Goggles Pizzano 01/21/2020 at 18:29

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My gut says that this has a market value of US $150k-$200, thinking of the Icon-type builds.

But then, the Singer Porsche that sold at auction last year apparently fetched $857,500, so maybe the market for this Corvette really is at $600k.

Either way, it feels like the seller said “money is no object!” when building it, and now really doesn’t have a sense of what the actual market is for a car like this.

Goggles Pizzano > LimitedTimeOnly @ opposite-lock.com 01/21/2020 at 18:46

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I agree with your gut.

I’d put Singer in a different and unique market. A very low volume production car that’s held its value. No two year wait time and possible to find one to your taste if your taste is vintage Porsche.

RutRut > Goggles Pizzano 01/21/2020 at 18:52

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Just went through this process watching SSO2 sell from the Squarebody Syndicate crew. Arguably the best C10 custom ever built and it sold for $150k at Barrett Jackson this weekend. Best case scenario for a 2 year old SEMA build, that Corvette might crack 200.

Tekamul > Goggles Pizzano 01/21/2020 at 18:53

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L fucking OL

That’s very lovely, and priced at 4x what anybody’s going to pay for it. 

Goggles Pizzano > RutRut 01/21/2020 at 18:53

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It got “Best Paint” though.

Akio Ohtori - RIP Oppo > Goggles Pizzano 01/21/2020 at 19:22

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Asking $600k? Only $120,000 per (blurry, small) picture!

ranwhenparked > Goggles Pizzano 01/21/2020 at 19:36

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He does realize that that’s like 3x the price of a Cord 812 Phaeton “baby Duesenberg” , right?

Goggles Pizzano > ranwhenparked 01/21/2020 at 19:42

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I know, right. It’s like HammerheadFistpunch said, there’s so many things I’d rather buy with this chunk of change.

notsomethingstructural > Goggles Pizzano 01/21/2020 at 19:55

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Singers take thousands and thousands and thousands   of hours to build. There is no conceivable way that this did.

HFV has no HFV. But somehow has 2 motorcycles > HammerheadFistpunch 01/21/2020 at 20:15

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For half a million I could build a small RallyX track, and buy every car in Munich dream car collection.

I have cheap tastes. 

HFV has no HFV. But somehow has 2 motorcycles > Goggles Pizzano 01/21/2020 at 20:18

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His first mistake was modifying a split window. Already a valuable car. And one with a much wider audience if it was just restored. 

CarsofFortLangley - Oppo Forever > Goggles Pizzano 01/21/2020 at 21:24

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Automatic? pass.

CarsofFortLangley - Oppo Forever > Goggles Pizzano 01/21/2020 at 21:24

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Automatic? pass.

davesaddiction @ opposite-lock.com > Goggles Pizzano 01/22/2020 at 09:39

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Dummy.