The BMW 507 Ultimate Build Thread!!! - Page 71

**Too Many Projects** · #**701** 07-02-2023, 07:49 PM

Quote:

Originally Posted by A12pilot

Tax….Yeah, which leads me into the next decision as to how much to insure it for when the time comes as it’s not a pile of scrap anymore and will soon be a legal and legit car!

I guess a call to Tami at MK to discuss will be in order. No idea what type of value to put on it.

Maybe $25,000?

Cheers
Dave

Don't you have at least that in parts ? Stuff you've had printed and custom made can't be cheap, not to mention a number of flights to the east coast for research and to bring back irreplaceable parts you couldn't risk being lost or damaged...

**Crush** · #**702** 07-02-2023, 07:55 PM

Quote:

Originally Posted by A12pilot

Right, Tim! That’s why I have the receipts to the major parts (trans, rear, engine) all showing any serial numbers and whom I acquired them from. Trooper told me he was already satisfied with what I told him I had in relation to paperwork.

Tax….Yeah, which leads me into the next decision as to how much to insure it for when the time comes as it’s not a pile of scrap anymore and will soon be a legal and legit car!

I guess a call to Tami at MK to discuss will be in order. No idea what type of value to put on it.

Maybe $25,000?

Cheers
Dave

I would think a cool million!!

**A12pilot** · #**703** 07-02-2023, 10:37 PM

Oh, that was just a sorry attempt on my part as a joke, Mitch.

Yes, just a ‘tish more into it than that at this point.

I haven’t added the receipts yet and not sure I want to!

It’ll be a chat for insurance company for sure. I can say right now I’m encroaching on the 4000hr point of invested time. This includes research online on how to do stuff, what I could use to substitute for parts I can’t get, and of course fabrication.

Cheers
Dave

**tom406** · #**704** 07-03-2023, 03:34 PM

Another kindred spirit to Dave - https://bringatrailer.com/listing/dna-2fifty-cal/

markinnaples · #**705** 07-03-2023, 04:49 PM

Quote:

Originally Posted by tom406

Another kindred spirit to Dave - https://bringatrailer.com/listing/dna-2fifty-cal/

Wow, 4 hours left and it's bid up to $220K.

**TimG** · #**706** 07-03-2023, 07:25 PM

Ahhhh, but Dave's aluminum body trumps the Ferrari fiberglass body.

**Lynn** · #**707** 07-03-2023, 08:52 PM

Ain't that the truth.

**Too Many Projects** · #**708** 07-03-2023, 10:54 PM

Quote:

Originally Posted by TimG

Ahhhh, but Dave's aluminum body trumps the Ferrari fiberglass body.

The body is all steel.

**Lynn** · #**709** 07-03-2023, 11:09 PM

Well, then "Ain't that almost the truth."

I knew that.

Still, much better than a fiberglass replica body.

**Charley Lillard** · #**710** 07-04-2023, 02:45 AM

4000 hours labor at 100.00 per hour is 400K. That is normal in the big custom shops. Some are 10,000 hours

The Following User Says Thank You to TimG For This Useful Post:
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