RE: Ariel Atom 500 Will Cost £120,000

RE: Ariel Atom 500 Will Cost £120,000

Author
Discussion

Guttered

63 posts

184 months

Wednesday 11th November 2009
quotequote all
I find it particulary amusing how people massively over simplify the costs and effort involved in designing and manufacturing this car... It's hardly a case of bunging a few off the shelf parts at the less mental version. Development, prototype parts et al cost a hell of a lot of money.

FNG

4,178 posts

225 months

Wednesday 11th November 2009
quotequote all
peterattheboro said:
£25,000 - http://pistonheads.com/sales/1062916.htm

No idea how much an engine is, £5000-£10000?

Should come in way below £120,000.

And while you are fiddling, you have enough money left over to strap on some forced induction biggrinbiggrinbiggrin

Now THAT would be fun!
Engine will start at about £25k. Bespoke high-revving V8s aren't cheap and you need to make all the bits yourself.

Transmission will also be very specialised and in this sort of installation, it'll be several grand. Now you need a clutch to take the torque, repeatedly and without burning out. Now go and redevelop the car so that the engine mounts are robust and the suspension is retuned for a new weight distribution and chassis behaviour under wide open throttle.

Lastly you appear to be trying to walk up to the price of a new car by starting from a secondhand car's price, and have forgotten to factor in significant suspension and brake upgrades, development time and expense, tooling investment, profit, model rarity and associated exclusivity, and the risk inherent in the whole venture.

Companies don't develop cars like these to sell them on for a £1k profit - they do them to improve the brand and trouser enough wedge to make it worth their while.

19 people already think it's worth the money! I wouldn't buy one even with £45.5m in my back pocket but I understand the price and don't begrudge them it.

To the comment about a load of scaffold - yes it's a tongue-in-cheek comment, but it massively underplays the amount of design, development, investment, risk and talent that's gone into the Atom (and many many other low volume cars).

Who here can do better for cheaper? Any volunteers?

zakelwe

4,449 posts

199 months

Wednesday 11th November 2009
quotequote all
johnag007 said:
How sad, Noble at £200k, Atom at £120k. What I do not understand is that even yesterday Evo described the Atom 300 as fun and so forth but with a surplus of power over chassis. You really risk making this completely undrivable, or at least without any springs for the road.

Of course commercially if he has already sold 19 out of 26, no one can accuse him of lacking business sense. Noble I fear might not be so lucky.
Good points. If I bought one of these I would certainly be "apprehensive" about to start my first drive in it. Probably never do it justice, I am just not skilled enough and as I get older a lot more of a scaredy cat when it comes to corners.

Andu

Or888t

1,686 posts

174 months

Wednesday 11th November 2009
quotequote all
Hi, i've been reading ph, pritty much everyday for the past 2 years, and today, i've finaly desided it time,to sign up and contribute. I would say the price is justified as the engine in that spec, costs around the $35,000 mark.
its this engine http://www.h1v8.com/page/page/1562068.htm


Edited by Or888t on Wednesday 11th November 13:38

Guttered

63 posts

184 months

Wednesday 11th November 2009
quotequote all
Or888t said:
Hi, i've been reading ph, pritty much everyday for the past 2 years, and today, i've finaly desided it time,to sign up and contribute. I would say the price is justified as the engine in that spec, costs around the $35,000 mark.
its this engine http://www.h1v8.com/page/page/1562068.htm


Edited by Or888t on Wednesday 11th November 13:38
I believe the Ariel is using the RS performance v8 not the Hartley unit. But yeah, seriously pricey pieces of kit regardless!

peterattheboro

1,362 posts

184 months

Wednesday 11th November 2009
quotequote all
PhillipM said:
peterattheboro said:
£25,000 - http://pistonheads.com/sales/1062916.htm

No idea how much an engine is, £5000-£10000?

Should come in way below £120,000.

And while you are fiddling, you have enough money left over to strap on some forced induction biggrinbiggrinbiggrin

Now THAT would be fun!
Try more like £25k for the engine, plus new suspension, bodywork bits, labour, mountings, gearbox, ancillaries, wiring loom, new ECU, reworked intake design, new exhaust system, catalysts, plus a fair but of mapping...
Haha, so £120,000 then? tongue out

IanMorewood

4,309 posts

249 months

Wednesday 11th November 2009
quotequote all
I wouldn’t buy one as I think it’s a niche product and not a niche I want to go down, I would sooner have a high class road sports car that I could run on the road 99% of the time and take on the odd track day rather than something that is essentially a trackday weapon that you could drive on the road.

Still as a piece of engineering it looks promising.

scubasteve4389

28 posts

174 months

Wednesday 11th November 2009
quotequote all
I would rather have a caprio t1 for that kind of money if i had it that is.

peterattheboro

1,362 posts

184 months

Wednesday 11th November 2009
quotequote all
MSTRBKR said:
peterattheboro said:
PhillipM said:
peterattheboro said:
£25,000 - http://pistonheads.com/sales/1062916.htm

No idea how much an engine is, £5000-£10000?

Should come in way below £120,000.

And while you are fiddling, you have enough money left over to strap on some forced induction biggrinbiggrinbiggrin

Now THAT would be fun!
Try more like £25k for the engine, plus new suspension, bodywork bits, labour, mountings, gearbox, ancillaries, wiring loom, new ECU, reworked intake design, new exhaust system, catalysts, plus a fair but of mapping...
Haha, so £120,000 then? tongue out
YES.

You're forgetting a huge chunk of the cost is exclusivety. Look at the McLaren SLR, Veyron and Reventon.

I still can't believe you suggested taking a boggo Atom and bolting a massive engine to it as an alternative.

Edited by MSTRBKR on Wednesday 11th November 13:49
My post was actually said in jest but i'm sure it's entirely doable for the right enthusiast to work on and recreate a car of similar performance.

£120k still sounds like A LOT of money even when you add up all the bits and bobs so people will be looking at alternatives smile

However there are people that will pay for exclusivity. Personally, if it was my money i'd put it towards a comfortable GT that has a hell of a lot of performance smile

Edited by peterattheboro on Wednesday 11th November 13:55

scubadude

2,618 posts

198 months

Wednesday 11th November 2009
quotequote all
FNG said:
peterattheboro said:
19 people already think it's worth the money! I wouldn't buy one even with £45.5m in my back pocket but I understand the price and don't begrudge them it.
Really? With £45.5million in the bank you wouldn't drop £120K on a 500bhp Go-Kart for popping out to pick up curries on Saturday night? :-)

Think I'd buy 6 and rent a track to race them on with my mates, like MarioKart for real :-)

I agree though, its niche, bespoke and a typical halo project, price isn't really of any importance, you can either afford £120K or your a normal person!

Bl**dy bonkers- good luck to 'em I say!

Engineer1

10,486 posts

210 months

Wednesday 11th November 2009
quotequote all
peterattheboro said:
I understand the amount of work which has gone into this but still, £120,000 is a hell of a lot of money for some scaffolding and a V8 engine.

I'm sure some clever geeky car type could build a similar car for a quarter of the price?
Ah no this is true engineering evry bit is there because it has to be and if it wasn't it wouldn't work as such everybit has earnt its place. Add to that that 90% of what goes into making the vehicle is visable it is worth as much as they choose to charge for it.

PhillipM

6,524 posts

190 months

Wednesday 11th November 2009
quotequote all
peterattheboro said:
My post was actually said in jest but i'm sure it's entirely doable for the right enthusiast to work on and recreate a car of similar performance.
Yes, but then they don't have to pay labour costs, business rates, workshop costs, tooling for production, R&D, saftey analysis, development, prototype costs.....

FNG

4,178 posts

225 months

Wednesday 11th November 2009
quotequote all
peterattheboro said:
My post was actually said in jest but i'm sure it's entirely doable for the right enthusiast to work on and recreate a car of similar performance.
I'm sure it is, but not profitably.

If the guys at Atom weren't engaged in this project they'd be busy making money on other aspects.

They have to pay their way and the car has to wash its face economically or they wouldn't invest in it.

Give me £120k and I'm fairly sure I could build something similar to that car, but not in all honesty something better. There's too much development already gone into the Atom that takes time and money to achieve for me to be able to build a car and get it to that level of performance for the same cash, whilst supporting myself too.

peterattheboro said:
£120k still sounds like A LOT of money even when you add up all the bits and bobs so people will be looking at alternatives smile
What sub-£120k alternatives with 1000bhp/ton are there?

They've sold most of their limited run before production starts. I don't think they're going to be very concerned about selling the last 6 examples to be produced. They'll sell.

peterattheboro said:
However there are people that will pay for exclusivity. Personally, if it was my money i'd put it towards a comfortable GT that has a hell of a lot of performance smile
So would I. But that's horses for courses and we'd both have spent the same money, but have half the bhp/ton tongue out

FNG

4,178 posts

225 months

Wednesday 11th November 2009
quotequote all
scubadude said:
FNG said:
19 people already think it's worth the money! I wouldn't buy one even with £45.5m in my back pocket but I understand the price and don't begrudge them it.
Really? With £45.5million in the bank you wouldn't drop £120K on a 500bhp Go-Kart for popping out to pick up curries on Saturday night? :-)

Think I'd buy 6 and rent a track to race them on with my mates, like MarioKart for real :-)
Nope. I'd rather make sure I still have £45m in 10 years (having distributed plently to family and friends already) and am spending within my means wink

Put my mates in 6 of these and you'd have 6 piles of steaming scrap within 5 minutes, and they'd need new kecks.

Or888t

1,686 posts

174 months

Wednesday 11th November 2009
quotequote all
Guttered said:
Or888t said:
Hi, i've been reading ph, pritty much everyday for the past 2 years, and today, i've finaly desided it time,to sign up and contribute. I would say the price is justified as the engine in that spec, costs around the $35,000 mark.
its this engine http://www.h1v8.com/page/page/1562068.htm


Edited by Or888t on Wednesday 11th November 13:38
I believe the Ariel is using the RS performance v8 not the Hartley unit. But yeah, seriously pricey pieces of kit regardless!


O cmon, it must be, there identical!, just look at them. smile

LukeBird

17,170 posts

210 months

Wednesday 11th November 2009
quotequote all
Truly bonkers! thumbup

RobM77

35,349 posts

235 months

Wednesday 11th November 2009
quotequote all
smile What a car! I'm glad it exists purely so I can see Clarkson's face when he floors it! Oh, and watch the Stig wrestle it round a lap. smile

To answer the other points made on this post, once you factor in the cost of the engine (the RST V8s were over £20k weren't they?), gearbox and development, £120k seems perfectly reasonable to me. How it'll cope on road tyres amazes me, and I can't wait to find out what it looks like on a quick lap; if they've cracked that one then £120k really is very reasonable!!

Someone else mentioned buying an old F1 or F3000 car. I'm no expert on this, but I would have thought the running costs of such a car would be fairly extreme. People spend £30k to £50k a year racing Caterhams, and £100k a year racing Formula Ford, so even if you just did a few tests a year, I'm sure an ex F1 car or F3000 would be a considerably more expensive prospect than this Atom.

The other points about what else you could get for the money (i.e. a Caterham R500 and a 911) don't really stand true, because this car will be bought be people who've got all of those things already. The maths for luxury items doesn't work like that - it's like saying for the cost of a £30 bottle of wine you could have a fairly decent £10 bottle plus dinner; the man who buys a £30 bottle of wine will already be able to afford dinner seperately!

peterattheboro

1,362 posts

184 months

Wednesday 11th November 2009
quotequote all
FNG said:
What sub-£120k alternatives with 1000bhp/ton are there?
Pass! Next question tongue out

My first thought was Caterham R500 which is 500bhp/ton.

I'm struggling to find anything over 550bhp/ton tongue out

This Atom is bloody quick!!! biggrin

Guttered

63 posts

184 months

Wednesday 11th November 2009
quotequote all
Or888t said:
Guttered said:
Or888t said:
Hi, i've been reading ph, pritty much everyday for the past 2 years, and today, i've finaly desided it time,to sign up and contribute. I would say the price is justified as the engine in that spec, costs around the $35,000 mark.
its this engine http://www.h1v8.com/page/page/1562068.htm


Edited by Or888t on Wednesday 11th November 13:38
I believe the Ariel is using the RS performance v8 not the Hartley unit. But yeah, seriously pricey pieces of kit regardless!


O cmon, it must be, there identical!, just look at them. smile
My bad, a little more digging suggests that the initial idea used the RS performance 2.4l V8 but it appears they're now using the Hartley.

Justayellowbadge

37,057 posts

243 months

Wednesday 11th November 2009
quotequote all
Caterham Levante is the same sort of money.

Borrocks, missed your post Ewan.

Edited by Justayellowbadge on Wednesday 11th November 14:34