parts sales.. when do they count? what can we do with the money?

Part sales can only be used to offset the initial purchase price.  So if you buy a car for $300 and then sell $400 worth of parts off that car, you still only have $500 to spend on upgrades, not $600.

Also, if you were given 3 cars for free, you still have to determine a market value for them and consider that your starting point.  So if you say that the three cars are each worth $300 and then sell $700 worth of parts, now you've got $300 left for upgrades.

At the end of the day though, I'd recommend not trying to add any go fast parts at all.  Just build a car that works, walk through BS with a smile on your face.  Laugh about whatever laps you get and have a good time.  You don't actually think you're going to win do you?

Of course you can sell the parts and use it to cover yourself if the judges decide that your free car isn't worth nothing.   If they set a value you can then use your parts sales to bring you back to zero.

Wheels are exempt from budget, so selling them does nothing in the eyes of da judges. you are going to get BS laps because it is your first race, and you are such an unknown variable. i wouldnt be too concerned about being in the black, but atleast document everything as a sign of respect to da judges and the organization.

the money isnt yours until it is in your hand, otherwise, i could post a sunroof for $9k for sale (no one would buy that), and show up with a 3 year old car. Even if no one bought it, i would be waving my ad all over the place.

Well first, a Jaguar winning? that alone should make the judges laugh so hard they wet their pants.. (hey that could be a bad thing);)=)
   So what's the value of a car that a junkman gives you to get rid of it?  (he needs the space for more profitable cars).. in  over 5 years he sold only a few parts off all three cars. (my house is closer thaqn the scrap yard)    Now two of them have a serious case of the dreaded tin worm disease ands so once parts are removed they will be scrapped.
   Would the formula be scrap value recieved divided by 3?  minus how much for having a tilt bed haul them in? Most of the tow truck operators around here are willing to haul scrap cars in when they aren't busy but they don't pay anything for them if they do..
  Wouldn't the value depend on scrap value of the day they were hauled in?  I've been watching it lately trying to time it and prices per ton have varied from $130-$170 per ton..  I'm thinking once stripped for parts we're looking at about a ton of scrap per car..  Any way I calculate it  the value in cash has to be nominal..
  I'm going to keep the car licensed.  Somewhere around 1000 miles is what I figure is required to run a race.. So my test will be to complete a 1000 mile trip without a break down.. Once I can do that I can enter!  Sure it will be easier driving on the freeway than on the race track but I can prepare the car for that. 
The go fast stuff will be things like a homemade carbon fibre bonnet and trunk lid.. IF the BS judges don't like them I'll simply take them off and run without them  and put them back on following the race..

So If I'm paid in cash would a picture of me accepting the cash be proper "proof"    Just what sort of paperwork is acceptable?  What if the deal involves a trade his used go fast stuff for my used Jaguar stuff? 
  How are those values assigned?  (documented?)
   Also I've been racing ever since Christ made Corporal  I've got a ton of stuff in the shop.. some of it is honest cool looking go fast parts that I've paid little for because back then a whole house cost 2 goats and a pig..
If they just make the car look cool and racy is there penalties assigned to them or do I have to list the stuff at todays prices?

So you're agreeing with me? that I have $500 to spend on go fast stuff?  (well in my case if it don't go I'll chrome it stuff);)=)

It will be ready for Brainerd and then Chicago.. Can I count on you to stop buy and give me a hand since you seem so excited?

There's a reason we don't have a rulebook 15 inches thick. Bring your car, bring your no-doubt-forged documentation, and we'll sort things out by eyeball.