This is a by the numbers special report. Having, through the course of the last 9months, only one person ask me how much I spent so far. And being more concerned with building than counting. Also, so as to not scare myself I never kept a running tab.
Sine the foot pegs are on and the gas tank mounts now all fabbed up and waiting for their date with the welder; and I am here all alone I took out my receipts and ran the numbers. Now keep in mind this is just the parts and shipping of the parts. Also wheel mounting is included. What is not included are tools I had to buy, such as a impact wrench, torque wrench, tap and die set, BMF socket set, one vernier caliper, laser level and other items. But all told that isn't even in the $200 dollar range as I bought most at Harbor Freight and it isn't fair to count them because I will use them again. What also isn't included is hardware. All the nuts and bolts I had to purchase were all stainless steel and good quality. Some hardware came with the parts they belonged to. So once again that total is small about 80 cents a bolt, less for the nuts. I won't get into my theory on nut prices vs bolts but I bet a woman had something to do with it.
Anyway, the current grand total is $6,088.03. Now one of my previous posts stated that including speedometer and oil gauge and exhaust I was about $1200.00 from being ready for welding and paint. That number with the exhaust is more likely going to be in the $1500 range.
So add that to the 6k and we are looking at $7588.03. On top of that if you throw in the welding, and I really have no idea what it will cost for about 30minutes of welding, we will call it $200 just to be sure we come in less. And I have been given a initial price on paint at $500 but it will probably be a little more, unless I do it myself in which case it will be less so lets keep that at $500 for now. That brings another $700 to the total so it is now $8288.03; which puts me 1700 and change under my initial guess of 10k.
However, there is still the great state of Florida to deal with. Upon passing the inspection you have to bring receipts for all "major components" of your build to the tax collectors office and pay sales tax on anything bought over the Internet or out of state. Now since this is Fucked up FLA I have heard of guys bringing in receipts for motor, tranny, frame, and wheels and paying tax on that and I have heard horror stories of guys having to bring receipts for everything down to the freaking spark plugs. There is no standardization on this it all about who is in what kind of mood behind the counter when you get there. So if I have to pay tax on everything I bought out of state it will be about $560 still giving me $1200 of wiggle room.
And if the economy wasn't so crappy and I found the right buyer I could get $11,500 for it giving me about 2k in profit. Now if the engine was new I could easily hit the 15k mark in a better economy.
So there you have it, by the number. Now I have a headache. I won't be doing this again until she is 100% done. Have a peach of a day!
Sunday, March 22, 2009
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