1 Topic by trekkor (edited by trekkor 2009-09-02 09:43 PM)

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Topic: How to value a 'free car'

Our hopeful entry is a 2001 Ford Escort.

It was sitting in my friends yard for a number of years.
It is SO UGLY that my friend's wife refused to let anyone have it if they were going to be driving it on the street.  ( She didn't want to be known as the one that gave someone such a ragged looking car! )

My 'regular' track car blew it's motor, so my friend gave me the Escort so I could still  play on the track. It's gutted but runs good. I've logged about 1200 track miles between TH, Laguna and Sears, as well as a couple autocrosses.

The only money I've put into the car are brakes related and cheap-o sway bar.

The car is unregistered with no plates. I have the title.
How do I proceed?
It really was free!!


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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  • From: 5,280 ft.
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Re: How to value a 'free car'

if it was free, it was free.  that's a value of $0 to start.  try to get some documentation confirming that fact.  if it looks as bad as you say, that helps.

BTW, good for you!

mike - Schumacher Taxi Service
12+-time loser
"Winner" - We Got Screwed, NJMP '11

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Re: How to value a 'free car'

Yes, it's dented *everywhere* and has a poor fitting replacement hood.

The front valence is all scratched up and is held with zip ties...


We want to paint it in Gulf livery and pretend we're in the '69 LeMans in a GT40.


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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4 Reply by trekkor (edited by trekkor 2010-08-31 09:03 AM)

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Re: How to value a 'free car'

This is our photochopped concept!

Minus the fat slicks, of course.

http://i944.photobucket.com/albums/ad286/trekkor/car%20photo%20dump/GT.jpg


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

I've got $58 of Rustoleum ready to spray!


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

Was it a race car already when you "got it for free?" If not, we're going to have a lot of pointed questions for you if it's chock full of tasty suspension upgrades, etc. Bring all your receipts!

If it was a race car when you "got it for free," you're going to get sweated REAL GOOD in the BS Inspection. You might get zero laps, but we're mighty skeptical of ex-race-cars that come with The Ole Enraged Wife Story as an explanation for the zero on the price tag. Yes, we've seen that more than a few times.

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7 Reply by trekkor (edited by trekkor 2009-09-02 08:23 PM)

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Re: How to value a 'free car'

Never a race car. Just a DE car while I got my Porsche back in shape.
Just something to beat on without regard...

When I got it it hadn't run for about three years.
Stuck a battery in and that's it!

It has no suspension mods except the $50 junk yard rear sway bar.

We call it 'filthy'.
It's pretty well known in Nor-Cal.


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

I'll dig up a picture of what it really looks like...


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

http://www.914club.com/bbs2/uploads/post-1413-1207539499_thumb.jpg

http://www.914club.com/bbs2/uploads/post-1413-1208657424_thumb.jpg

Slapped some Porsche stickers on and a Racer's Group window banner and GO!


http://www.914club.com/bbs2/uploads/post-1413-1208829683_thumb.jpg


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

http://www.914club.com/bbs2/uploads/post-1413-1209839588_thumb.jpg

This picture still cracks me up!

Drivers in the paddock look at me like I have two heads.
We've been talking about making this car a Lemons rig since the day I got it!

http://www.914club.com/bbs2/index.php?showtopic=88211


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

I got a 95 Fireturd Formula for free but I think it's too nice for Lemons.

Troy

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1973 Datsun 240Z
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Re: How to value a 'free car'

Mine's a thrasher...

It was going to the junkyard until I came along. http://www.teamzx2.com/images/smilies/thingnana.gif


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

Looks like you pegleg around the corners a bit...

I won't mind letting it be a $0 car considering the electrics will probably start going to shit soon. big_smile

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Re: How to value a 'free car'

I say run with it man.  Bring as much documentation as you can and then some.  And get your story straight!  Then you'll be fine.  Besides, nobody believes that car has a chance anyway.  wink

Mike
Lab Rats Motorsports
1988 Mitsubishi/Dodge/Fiat Colt Carpocalypse Edition

15 Reply by sbarton (edited by sbarton 2009-09-03 10:39 AM)

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Re: How to value a 'free car'

CaptainRat wrote:

I say run with it man...  Besides, nobody believes that car has a chance anyway.  wink

I don't know man.  Did you see this picture?  He just passed a couple of Porsche's and is about to lap a Ferrari for Christ's sake!!!!!!  neutral

trekkor wrote:

http://www.914club.com/bbs2/uploads/post-1413-1209839588_thumb.jpg

hehehe!  big_smile  lol   lol

-Scott

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Re: How to value a 'free car'

This Lambo was easy pickens...


http://www.914club.com/bbs2/uploads/post-1413-1208836095_thumb.jpg


Fear the filthy http://www.914club.com/bbs2/style_emoticons/default/head_hurts_kr.gif


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

trekkor wrote:

I've logged about 1200 track miles between TH, Laguna and Sears, as well as a couple autocrosses.

\snip\

Drivers in the paddock look at me like I have two heads.

I love this. 

I want to take our skanky ghetto Lemons racer out for a track day, too.  "Sup, bro"

18 Reply by sbarton (edited by sbarton 2009-09-03 01:52 PM)

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Re: How to value a 'free car'

Stevo wrote:

I want to take our skanky ghetto Lemons racer out for a track day, too.

My wife is driving the DTM "Red Reck" at the Chin event this weekend at Watkins Glen, lol.  It's actually a great DE car and gets lots of inqueries (especially in full Lemons regallia). 

http://i16.photobucket.com/albums/b40/mmarv/DTM-LeMons-090711/IMG_1032.jpg

When I was instructing at NJMP Thunderbolt in the wet, I had 2 Vette drivers in the advanced group come up to me and ask me what was in this thing as they couldn't get rid of me.  They weren't happy when I told them it was an E30 318 with a 4cyl, LOL!  I guess they had a hard time comprehending that 130hp is a lot easier to put down in the wet then 405hp.  lol

-Scott

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Re: How to value a 'free car'

sbarton wrote:

When I was instructing at NJMP Thunderbolt in the wet, I had 2 Vette drivers in the advanced group come up to me and ask me what was in this thing as they couldn't get rid of me.

tell them next time that fast cars and good drivers do not necessarily go hand and hand.

arse-sweat-apalosa thunderhill 2011 : team killer zomBee!

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Re: How to value a 'free car'

I started my cheap-o Rustoleum paint job today!

http://www.914club.com/bbs2/uploads/post-1413-1252102634_thumb.jpg

http://www.914club.com/bbs2/uploads/post-1413-1252102955_thumb.jpg


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

Hold on- you're masking before you paint? Cheater! 50,000 penalty laps!

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Re: How to value a 'free car'

Sunnava!...


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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Re: How to value a 'free car'

Mebbe the penalty can be avoided if you leave the masking on for the race (front and rear windows excluded) wink

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Re: How to value a 'free car'

Naw, leave half the windshield taped up....they did this at a driving school I attended once. Taped off the windshield below eye level. Scary at first, but it helps train you to look up track.

Jim "Endo" Anderton
30 years of racing and still not Brambilla.....
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Re: How to value a 'free car'

http://www.914club.com/bbs2/uploads/post-1413-1252192304_thumb.jpg

http://www.914club.com/bbs2/uploads/post-1413-1252192313_thumb.jpg

We want to play...


KT

TH 2009- 40th ~ SP 2010- 13th Class Bad win!! TH 2010- 17th ~TH 2010- 16th  SP 2011- 20th ~ RF 2011- 13th Least Horrible Yank Tank ~ TH 2011- 79th
SP 2011- 105th ~ SP 2012- 119th ~ SP 2013- 139th ~ BW 2013- 17th
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