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1953-55 Corvette replica company for sale



 
 
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  #1  
Old October 21st 04, 06:48 AM
Eugene Blanchard
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Default 1953-55 Corvette replica company for sale

Encore Motors Inc who manufactured a 1953-55 Corvette replica is for sale.
The details are at this website. This could be a good opportunity**beyond
the replica business as they make the majority of trim pieces and body
panels that can be used for original Vettes.**Tell*them*Eugene*sent*you.

http://lite.globalbx.com/Auto_Related/listing95220.html

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  #2  
Old October 22nd 04, 07:14 AM
WayneC
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Default

Eugene Blanchard wrote:
> Encore Motors Inc who manufactured a 1953-55 Corvette replica is for sale.
> The details are at this website. This could be a good opportunity beyond
> the replica business as they make the majority of trim pieces and body
> panels that can be used for original Vettes. Tell them Eugene sent you.
>
> http://lite.globalbx.com/Auto_Related/listing95220.html
>


Doesn't look like a viable business.... he's essentially just selling
his inventory. The business requires an initial purchase of over $300k,
the inventory has to be relocated ($$$) and a business started up (more
$$$), and it's only returned $30k/year to the seller (if you can believe
him, since sellers usually exaggerate). That's not much better return
than one can get investing in tax-free bonds, without any hassle or
work, assuming one has the cash... it's a real bad loser if you need a
loan to swing it; but then, no one would make the loan so it's a
non-starter.

  #3  
Old October 22nd 04, 07:14 AM
WayneC
external usenet poster
 
Posts: n/a
Default

Eugene Blanchard wrote:
> Encore Motors Inc who manufactured a 1953-55 Corvette replica is for sale.
> The details are at this website. This could be a good opportunity beyond
> the replica business as they make the majority of trim pieces and body
> panels that can be used for original Vettes. Tell them Eugene sent you.
>
> http://lite.globalbx.com/Auto_Related/listing95220.html
>


Doesn't look like a viable business.... he's essentially just selling
his inventory. The business requires an initial purchase of over $300k,
the inventory has to be relocated ($$$) and a business started up (more
$$$), and it's only returned $30k/year to the seller (if you can believe
him, since sellers usually exaggerate). That's not much better return
than one can get investing in tax-free bonds, without any hassle or
work, assuming one has the cash... it's a real bad loser if you need a
loan to swing it; but then, no one would make the loan so it's a
non-starter.

  #4  
Old October 22nd 04, 04:11 PM
Tom in Missouri
external usenet poster
 
Posts: n/a
Default

There were a few Corvette replicas in the '70s and '80s that were shut down
because quite frankly, Chevrolet still owns Corvette. Chevrolet has a tough
licensing agreement and if you don't pay into it, you don't produce anything
Corvette or Chevrolet. That is why there are some crappy reproduction stuff
out there, because the guy who has the license makes it, not necessarily the
guy who makes it the best.

Chevy shut down several replica companies over the years and I'm quite
surprised that this one even exists. Probably such a loser company that it
is flying under Chevy's radar right now.

The many '63 Corvette replicas you see right now on eBay are drag car and
funny car bodies that have essentially no replication of an original car.

By the time you drop $400,000, you still could not make one item because you
would still have to pay the hefty licensing fee to Chevy, and odds are they
would not grant you a license.



"WayneC" > wrote in message
...
> Eugene Blanchard wrote:
> > Encore Motors Inc who manufactured a 1953-55 Corvette replica is for

sale.
> > The details are at this website. This could be a good opportunity

beyond
> > the replica business as they make the majority of trim pieces and body
> > panels that can be used for original Vettes. Tell them Eugene sent you.
> >
> > http://lite.globalbx.com/Auto_Related/listing95220.html
> >

>
> Doesn't look like a viable business.... he's essentially just selling
> his inventory. The business requires an initial purchase of over $300k,
> the inventory has to be relocated ($$$) and a business started up (more
> $$$), and it's only returned $30k/year to the seller (if you can believe
> him, since sellers usually exaggerate). That's not much better return
> than one can get investing in tax-free bonds, without any hassle or
> work, assuming one has the cash... it's a real bad loser if you need a
> loan to swing it; but then, no one would make the loan so it's a
> non-starter.
>


  #5  
Old October 22nd 04, 04:11 PM
Tom in Missouri
external usenet poster
 
Posts: n/a
Default

There were a few Corvette replicas in the '70s and '80s that were shut down
because quite frankly, Chevrolet still owns Corvette. Chevrolet has a tough
licensing agreement and if you don't pay into it, you don't produce anything
Corvette or Chevrolet. That is why there are some crappy reproduction stuff
out there, because the guy who has the license makes it, not necessarily the
guy who makes it the best.

Chevy shut down several replica companies over the years and I'm quite
surprised that this one even exists. Probably such a loser company that it
is flying under Chevy's radar right now.

The many '63 Corvette replicas you see right now on eBay are drag car and
funny car bodies that have essentially no replication of an original car.

By the time you drop $400,000, you still could not make one item because you
would still have to pay the hefty licensing fee to Chevy, and odds are they
would not grant you a license.



"WayneC" > wrote in message
...
> Eugene Blanchard wrote:
> > Encore Motors Inc who manufactured a 1953-55 Corvette replica is for

sale.
> > The details are at this website. This could be a good opportunity

beyond
> > the replica business as they make the majority of trim pieces and body
> > panels that can be used for original Vettes. Tell them Eugene sent you.
> >
> > http://lite.globalbx.com/Auto_Related/listing95220.html
> >

>
> Doesn't look like a viable business.... he's essentially just selling
> his inventory. The business requires an initial purchase of over $300k,
> the inventory has to be relocated ($$$) and a business started up (more
> $$$), and it's only returned $30k/year to the seller (if you can believe
> him, since sellers usually exaggerate). That's not much better return
> than one can get investing in tax-free bonds, without any hassle or
> work, assuming one has the cash... it's a real bad loser if you need a
> loan to swing it; but then, no one would make the loan so it's a
> non-starter.
>


 




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