ership?
like it woudln't be an amateur crap car with just nice body kit. i'm talking about a legit super car. something you'd see on tv and dealerships. nice interior, nice engine, nice exterior, a unique head turner...
can it be nice enough so that more ppl can want it and i can start a small business?
is this realistic? or are there more complicated processes that i should know about?
and yes, I do have money for this project and i have always wnated to design my own car.
1) Got a patent on your design?
2) No exotic dealer will usually even entertain a one-off design that's not backed by a legitimate factory. If you go under (and most will), they're stuck.
3) How are you going to warranty the vehicle? Got millions in the bank to back this up?
4) Are you even a registered corporation, LLC, etc?
5) You claim it will cost $100-200K to build this. Based on what? A guess? Have you put any business sense or thought into what it would take to turn a profit? (Hint: there is a TON of cost involved with creation/manufacturing/distribution of a vehicle. If you plan on selling a vehicle that cost $200K to make for $250K, I guarantee you that you will be out of business before your first sale.)
6) If this car really does cost you that much to make, do you have any idea on what you would need to retail it for in order to turn a profit?
7) Do you have any business experience? Entrepreneurship?
8) Any thoughts on trying to create/market/sell a one-off exotic in this economy? People are unloading luxury items by the millions (RV's, boats, exotic cars, condos, etc.), why would they want to go out and purchase YOUR supercar?
9) (And this is a BIG one!) Have you bothered to research the insurance, bonds, capital, etc that it will take to even get off the ground?
10) Despite all of the above, do you have investors that believe in your product, since it hasn't been created nor sold?
And those are just for starters...
I admire anyone's aspirations, but it takes serious cash and serious investors to pull this off.
Other Answers (3)
Rated Highest
If your friend can custom built ONE for $100K, the retail value is about $60K.
It take a lot of work to get a design that is workable! Even with a engineering team mistakes happen on calculations on how a car will behave at speed. Have you computed the center of gravity, or roll moments?
There are a lot of sites that help in car design and some with implementation, now I am posting my latest one that I found below. The reason that I found it was because I wanted to know how a independent rear suspension should behave in a corner as the wheel deflects under load. Because I too am working on my own design and I know that a great suspension does not happen with just a pen and paper.
If you want to build a great car, study up on what works, what doesn't and figure out how to build it yourself.
Some place I read something that a custom car maker said about making cars for novice designers-
"They start from the wrong place, too often they start with the outside and hope that everything will fit"
An automobile has to be designed from the inside out and from the ground up.Source(s):
unfortunately it will never work. You will find that the numbers will not work. The cost to design and build one (or 100) will never be profitable. For example the McLaren F1 (not a one person design by any stretch of the imagination) never made money. The only way that a venture like this would be possible is it you came up with some new amazing material or some fancy power adder that you have patented. Otherwise why are you any different from anyone else? I dont mean to discourage you, go ahead and try, but it is very unlikely that as a business venture it will be successful. Sure you will have a awesome new car with your name on it, and a million dollars less in your bank account, but what then?
I too have designed some cool cars(with some interesting new technology), and have gone as far a write a business plan. But it quickly becomes obvious that its not a big money maker. You will see just how much of a supercar (veyron, enzo, ect) cost is in the name. When small start up companies try and do it they dont have the ability to make big money because they cant sell there name. A good resent example is the SSC (areo, or what ever it's called), but there are dozens of others in the last decade. And just out of comment, a "kit car" will never be able to sell for more than it costs to build.
Good luck, i would be interested to see one of your sketch's.Source(s):
I am a mechanical engineer and a business major. And to be honest your question requires a much more complicated answer than would be appropriate here. Thats why it takes a company to build a new car, start by surrounding yourself with people who can help.
- You find the most expensive car can be found if you use the search function. This is not the first time this question has been asked, not will it be the last.
- depends on how you look at it. the most expensive current car is the Lamborghini Veneno Roadster (the original Veneno coupe has been sold out). it sells for $4.5 million. the most expensive road car to be sold brand new was the Maybach Excelero. it sold for $8 million new.
now if you look at the most expensive car ever sold used was a Ferrari 250 GTO which sold for $52 million.
ultimately though, Formula 1 cars are probably the most expensive due to their program costs. the cars themselves cost a couple million which isn't that bad but the costs to develop them are astronomical. each year the top F1 teams spend hundreds of millions of dollars developing and tuning their cars (this year, Red Bull and Ferrari have budgeted over $400 million). their level of performance is so intense that it a drop of water were to get mixed in with the engine oil, it would blow up. this level of performance is not cheap to get to and they have to do it every year.
What does the letter on car windshield means (Copart Auction) ? Usually it's S, R, D, N ...?
R might mean Rebuilt title
S might mean Salvage title (Not the same as rebuilt).
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Damage Codes
Damage Codes are used to indicate known damage to the lot. Damage codes are listed as Primary Damage (1st) and Secondary Damage (2nd). Both Damage Codes indicate significant information about the lot and any one code should not be interpreted to carry more significance than the other.
•AO - ALL OVER
•BC - BIOHAZARDOUS/CHEMICAL
•BE - BURN - ENGINE
•BI - BURN - INTERIOR
•BN - BURN
•CC - CASH FOR CLUNKERS
•DH - DAMAGE HISTORY
•FD - FRAME DAMAGE REPORTED
•FR - FRONT END
•HL - HAIL
•MC - MECHANICAL
•MN - MINOR DENTS/SCRATCHES
•NW - NORMAL WEAR
•PR - PARTIAL/INCOMPLETE REPAIR
•RJ - REJECTED REPAIR
•RO - ROLLOVER
•RR - REAR END
•SD - SIDE
•ST - STRIPPED
•TP - TOP/ROOF
•UK - UNKNOWN
•UN - UNDERCARRIAGE
•VI - MISSING/ALTERED VIN
•VN - VANDALISM
•VP - REPLACED VIN
•WA - WATER/FLOOD
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Manufacturer's designation of the vehicle's power train.
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Choosing a repair shop!
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Every year we have the opportunity to work on both modern and classic cars, they range in condition from high-quality to absolute basket cases.
How do you pick a shop to restore your car? How do you find someone to entrust your project to who will treat your car with the care that you would if you could do the work?
Let's explore your options:
Money is critical to all of us and money, especially when spending any large amount of it, and this is what is always required to restore a car.
So we have a conflict here, because even though you may want the car restored, you may never be able to escape the feeling that you are paying too much money to have it done.
The restorer on the other hand knows because of the variables involved in the restoration, time estimation could not be accurate. Examples of such variables:
•Hidden sheet metal rust.
•Rust is usually trapped in many areas that are
not visible and can only be found after every
body panel is removed and stripped to bare
metal.
•Once found, how long will each body panel take
to repair?
•If reproduction metal panels are purchased, will
they fit.
•Do repair panels need to be fabricated from
scratch?
•Used OEM salvage yard body panels condition
cannot be determined until it gets to the shop
and stripped to bare metal.
Based on the above variables, a customer can see how inaccurate it would be to estimate labor, materials and parts cost.
So what can you do to ensure that you are getting your money’s worth and what can the restorer do to put your mind at ease?
When you first speak to a restoration shop there are a few things that you should expect to hear and see.
You should of course be given a tour of the shop as a matter of course. Don’t be so excited about your own project that you fail to take a really good look at other people's projects which are under way. Walk through with a very critical eye.
Now if you see something that you don’t like, ask. There should be an explanation, not an excuse.
After your tour of the shop sit down to discuss your project with the restorer. The first thing that you should hear from any restorer is that the job will be expensive, there is no getting around it, and if you are not hearing that message then you may have a problem. This is why it is critical to have a restorer who explains all of this to you before you start, so that you can make an informed decision whether you really want to restore that car.
If after a good talk about procedures, costs, billing and parts acquisition you feel comfortable with the shop, you’ll be able to get started.
In order to give you a more accurate price range, we'll need to talk to you about the current condition of the sheet metal, chrome, interior and what is your desired level of restoration will be.
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