Quote:
Originally Posted by Jiggers72-GMC
Beautiful truck,
What's Haggerty, do you mean Hagerty ??
What does this mean? '' I gave them a 190 row punch list in excel"
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Yeah Hagerty. A punch list of every expense on the truck. More like 196 rows. Looks like this....Edit: the list is broke down to categories of
A. buying the truck in 1st place plus OEM rebuilds (e.g. drivetrain, hinges).
B. Services such as for body, finishes, restorations, maiden start services, hauling.
C. OEM parts costs, they're all listed, same everything else.
D. NOS parts costs.
D. Replacement parts and supplies costs. Subtotal. Then
E. I added my equipment purchased for one use on this project only, such as an engine hoist. About $1600, nothing major. Subtotal.
F. I added my labor. Apparently a good operation takes that into consideration. I figured 6 hrs. a week for 7 years, that's about right, times $15 an hour. About 32K, making the pitch that even if done in half the time by a pro., the cost would be 55K-110K at $50-$100 an hour. My total is 114.5, but man, I only paid $2800 for the truck to begin with, for instance.
My OCD has its limitations, I rounded every part and that to the nearest $25, and the costs are by memory. I can't speak for their considerations, I'm just content they met my comfort level.