Re: SHOULD WE SAVE A FEW/SOME/OR ALL OF EXISTING JOWETT SPAR
Posted: Mon Apr 11, 2016 11:49 am
It is really difficult to price a used car engine. I have been offered (to buy) many over the years from those that have rested in the garden and are totally seized and corroded to those that may have just come out of a car and look like they might run. Both may have valuable parts in them or may be almost worthless. Sure you might be able to recover a corroded and cracked block or knackered crankshaft, but at what cost?
More important though is the value the recipient places on the part. To have the part newly made would cost 'X' but then do you know that part would function properly? Many 'new' parts have problems in specification and design. To refurbish the old part would cost 'Y' and the same questions arise.
The final (resale) value of the part may be something completely different from either 'X' or 'Y', and be either higher or lower.
We come back to the question of the value to the buyer. A buyer with a good car without a working engine may pay more than someone who is rebuilding a project car.
£450 for an engine that may have a useable crank case or a useable crankshaft or camshaft or oil pump or... What price would you gamble?
More important though is the value the recipient places on the part. To have the part newly made would cost 'X' but then do you know that part would function properly? Many 'new' parts have problems in specification and design. To refurbish the old part would cost 'Y' and the same questions arise.
The final (resale) value of the part may be something completely different from either 'X' or 'Y', and be either higher or lower.
We come back to the question of the value to the buyer. A buyer with a good car without a working engine may pay more than someone who is rebuilding a project car.
£450 for an engine that may have a useable crank case or a useable crankshaft or camshaft or oil pump or... What price would you gamble?