If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
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 |
Ads |
#2
|
|||
|
|||
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
|
|||
|
|||
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
|
|||
|
|||
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
|
|||
|
|||
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. > |
Thread Tools | |
Display Modes | |
|
|