temick
temick New Reader
6/18/21 11:21 p.m.

If I were to buy a parts car for $800. Then sell the cats for $800. That would be my recoup. But I could use everything else left for my challenge car. Also I can trade said parts for whatever without it coming out of my budget? For example trade 4 good tires and wheels for nitrous kit.

 

Up to $1000 may be recouped by selling parts originally included with or attached to the Challenge car, related parts car(s), or related parts packages at the time of purchase. You may never recoup more than a part or car’s purchase price or fair market value (whichever value you listed on your budget sheet).

Pete Gossett (Forum Supporter)
Pete Gossett (Forum Supporter) GRM+ Memberand MegaDork
6/19/21 5:52 a.m.

In reply to temick :

Correct. 

CrustyRedXpress
CrustyRedXpress HalfDork
6/19/21 6:42 a.m.

In reply to temick :

Pro-tip for the selling vs. trading of parts cars and parts lots. 

Sell off the little stuff first, and then trade the big stuff. The little crap really adds up (trim pieces, radios, speakers, spare tires, etc, etc, etc) and you'll have the big, desirable items left to trade for. 

It's harder to trade a pile of trim pieces, random connectors and interior crap for a nitrous kit than it is to trade a catalytic converter for a nitrous kit, even though you could get the same amount for both the cat and random pile of pieces on ebay. 

Hope this makes sense!

temick
temick New Reader
6/19/21 10:19 a.m.

My Challenge car is kind of stripped already. But I keep finding these parts cars. Sucks though they sell fast.

 

Barb_Dwyer
Barb_Dwyer New Reader
7/26/21 1:54 p.m.

In reply to temick :

I've already stripped the Challenge car. The parts cars keep turning up, however. Even though they sell fast, it's a bummer.

Justjim75
Justjim75 SuperDork
8/13/21 1:41 p.m.

I thought it was half the purchase price of the car up to 1000, so you could only recoup 400 from an $800 car

Stampie
Stampie GRM+ Memberand MegaDork
8/13/21 3:25 p.m.

In reply to Justjim75 :

Nope just a limit of $1000 or the purchase price of the car if less than $1000.

slowbird
slowbird UltraDork
8/13/21 5:36 p.m.

Hypothetical recoup question.

Let's say I buy car A for $300. Then I buy car B for $500. Car B is a parts car for car A.

1. If I sell parts from car B, can they go towards recoup for car A's challenge budget? (up to $300, the purchase price of car A)

2. Assuming #1 is true, if I later re-purpose car B as a standalone challenge entry, can the parts I sold from it also count towards Car B's own budget recoup?

captdownshift (Forum Supporter)
captdownshift (Forum Supporter) GRM+ Memberand MegaDork
8/13/21 6:22 p.m.

In reply to slowbird :

With regards to question one, parts you sell from car B would just be part of recoup, up to the $500 you spent on it. Even though it's a parts car for another car, and assuming that some parts on it made their way on car A. 

 

For example my 323 was $100

My escort gt was effectively $7 and change (I traded a 4 pack of craft beer valued at $16 for it and there was $8.78 in change in the car

 

My protege lx parts car was $350

I'm swapping the BP05, G series transmission, power mirrors and rear disc conve from the protege into the 323. 

I swapped the battery tray and used the motor mounts (filled with 3M window weld) and one of the rear calipers from the protege on the escort (meaning a new rear caliper will in turn be on the 323 budget when I do the rear disc conversion) 

 

​​​​​Based on the amount of items from the protege used on the 323 versus the escort, I'm assigning a value of $325 dollars to the 323 and $25 to the escort, but I'm open to adjustment of $300 to the 323 and $50 to the escort as well. 

All of this is prior to recoup on the protege. But it allows for percentages and ratios to be figured as to where protege recoup will go. 

Every $25 of the protege purchase is 7.1428 percent of it's purchase price. Right now based upon weight, if I scrapped what remains, I was get $212, of that 212, $15.13 would be eligible to recoup against the value of protege parts on the escort and $196.85 would go back towards the value of protege parts on the 323. 

I'm recouping value against the protege parts car. But the allocation of parts is already split towards two separate builds. And the recoup is also split amongst to 2 separate builds based upon the previously noted percentages and values. (And the escort gets a tube of window weld in it's budget)

slowbird
slowbird UltraDork
8/13/21 10:50 p.m.

In reply to captdownshift (Forum Supporter) :

That is way more complex math than my brain can handle to be honest.

Also, the words "at the time of purchase" in the recoup rule are messing me up. I may be overthinking it.

captdownshift (Forum Supporter)
captdownshift (Forum Supporter) GRM+ Memberand MegaDork
8/13/21 11:48 p.m.

In reply to slowbird :

I won't lie, I have a spreadsheet 

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