Does Heritage Salvage math now work $300K+?

[Kayvan]

Does the GT Salvage math work?

Without Frame damage, castings or subframe, seems like price of every body panel is somewhat fixed +/- $100

If you have a good engine, transaxle and suspension seems like math could work....

Per below, parts cost of every signle panel is ~$55,000


Approx Parts / pricelist (from another post)

Chassis 108,000 list/80000 (body shop)
Doors 7400
fenders 4500
hood 3700
bumper front 1400
rear 1000
clamb 16000
door glass/window trim drivers side 4000.00
head lights 3500
front bumper support 2700
rear bumper 2500
rear bumper brace/clamb support 1590
rear bumper support 800
tail lights 1000
rear diffuser1000
trans 14000.00
rear window 1300
seats 6000
wheels 4000-6000
rear clam window 1200
vents and other misc clam pieces 2000.00
trans x memeber 1300
head light brackets 400
rear innner fenders and plastic 800
windshield 800


While the sale price of Heritage GTs seems to be acceleralting at a +10,000-25,000 delta


Only variable is labor, which I believe x2 can ballpark...


Whats entry point for rebuildable Salvage and parts for front aand rear clips?

These auction all list <$100,000K for Salvage

http://www.salvage-cars-for-sale.info/salvage/ford/gt/for-sale/


http://www.avtofrom.us/auto/salvage-for-sale/FORD/GT

 

[andreikoc]

Would it be best to buy two that can construct one with mostly wrench work?

 

[twobjshelbys]

Might it not work all over now that vehicles get salvaged for the most minor of damage, and the base price even for a red car is north of 200K? Salvage titles on a properly reconstructed cars will become more common. I mean, remember that those guys in Texas rebuilt a F40 and got 900K for it.

 

[djs]

I looked at the first site. Damn! That's a lot a wrecked GTs! I had no idea that that many salvage cars were advertised. Then again, if they're $50Gs and up, thats a lot of scratch sitting around.

 

[ENZO BTR]

So, um...what does it take for them to describe a wrecked GT as NON-repairable?

When I hear that 40% of all GTs have suffered some form of substantial damage it sounds hard to believe. But visiting this site makes it easier...

 

[jcthorne]

If you mean, 'what does it take for an insurance company to decide to total a car rather than repair' it is if the cost to repair is more than 70% of the difference between actual cash value and salvage value of the wrecked car. With salvage wrecks selling for 100k, it does not take that much damage to get a GT totaled. Rear end tap that cracks the clamshell will usually do it.

 

[1434gt]

More than likely it has to be be frame damage it looks to be the most expensive part