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Old 10-28-04, 04:19 PM   #2 (permalink)
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Jim Downard
A Tenth
United States
 
Join Date: Feb 2003
Location: Bremen, Ohio
GT40: MDA Mk I
Posts: 153
Rep Power: 7 Jim Downard is a jewel in the rough
Re: Insurance during construction

This is just a thought, and I may be wrong (probably am), but let's say for example, you purchase a gt40 replica for, uh, I don't know, $50,000. That's about what I have in the MDA GT40 I'm buying as a kit. The body has been fabricated, the frame and suspension has also, brakes are there, parts have all been fabricated, engine is there, trasaxle is a complete unit, then as I see it, assembly of the vehichle is all that remains, and is only a minute part of the overall car. From a standpoint of cost and value, what has already been invested most likely IS 80% + of the final value of the car. Ask them to argue against that point. I most likely will be in the same boat in about 1 month.

Jim Downard
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