New Built Ultima
Discussion
Guys
Really need some advice.
Just registered my car and in two weeks done a pretty healthy 1500 miles. Love it!!!!!
Having spent a small fortune, family and friends over the past two years have eventually ground me down to a point where i feel guilty for owning my car.
You know the pitch, you could be mortgage free!!!
Think of the running costs etc etc
So reluctantly i have put my beloved gtr up for sale, at a massive loss.
Now i really dont know what to do. My head say yep take what you can plough it off the mortgage. My heart says keep it, you love the thrill, the drive, the attention.
Anyone on here get the same greif? Any sensible ideas out there?
Oh PS - the reason for the post now is because i have two people very interested, so before it was just an idea, now its becoming a possibility!!!
Really need some advice.
Just registered my car and in two weeks done a pretty healthy 1500 miles. Love it!!!!!
Having spent a small fortune, family and friends over the past two years have eventually ground me down to a point where i feel guilty for owning my car.
You know the pitch, you could be mortgage free!!!
Think of the running costs etc etc
So reluctantly i have put my beloved gtr up for sale, at a massive loss.
Now i really dont know what to do. My head say yep take what you can plough it off the mortgage. My heart says keep it, you love the thrill, the drive, the attention.
Anyone on here get the same greif? Any sensible ideas out there?
Oh PS - the reason for the post now is because i have two people very interested, so before it was just an idea, now its becoming a possibility!!!
If you're married, what does your wife say? Does she support you building and owning it? Have you got children? Is money really tight or is it just like the rest of us, the money sort of runs out by the end of the month?
If it's just you then sod what the family say it's your money and your life choices. If married then the wife's input should be listened to and balance taken. Maybe keep car this year and sell over the winter.
But for heavenes sake don't run your life by committee of family and friends, you'll never do anything? What next? Are they going to decide if you shop at Asda or Tesco or where you buy your electricity?
Be a man, make your own decisions.Or if your married you BOTH make the decisions
If it's just you then sod what the family say it's your money and your life choices. If married then the wife's input should be listened to and balance taken. Maybe keep car this year and sell over the winter.
But for heavenes sake don't run your life by committee of family and friends, you'll never do anything? What next? Are they going to decide if you shop at Asda or Tesco or where you buy your electricity?
Be a man, make your own decisions.Or if your married you BOTH make the decisions
Engaged, just about to move out of our first home, to bigger and better.
The reason for seeking advice, is that my entire life ive been the aggresive more out spoken one, and time after time, end up thinking i should have listened.
No kids, money lasts till the end of the month etc.
Other half is supportive, but i think thats because of her loyalty and knowing how much i love my car.
I think ill keep her this summer then see how i feel at christmas. Then i can either sell her or install a supercharger.
Thanks guys. I guess i could have got a slating with the soft lad question. Right im off to find my balls (wonder if the other half will let me have them back)?????????????
The reason for seeking advice, is that my entire life ive been the aggresive more out spoken one, and time after time, end up thinking i should have listened.
No kids, money lasts till the end of the month etc.
Other half is supportive, but i think thats because of her loyalty and knowing how much i love my car.
I think ill keep her this summer then see how i feel at christmas. Then i can either sell her or install a supercharger.
Thanks guys. I guess i could have got a slating with the soft lad question. Right im off to find my balls (wonder if the other half will let me have them back)?????????????
Sounds like you're most of the way to making the decision. My suggestion would be to tell her how you're feeling conflicted over it - basically everything you've put down here, then ask her what she thinks. Not to suggest it's her decision, but by making it clear that her opinion matters and it's a decision you want to make together you'll win a lot more support for a compromise.
I suspect you'll end up agreeing to keep it for a period of time - a year maybe? - with a definite plan to sell, or at least review the decision, after you've had a decent amount of time enjoying the fruits of your labours. She'd be a hard hearted woman not to want to see you enjoy it for a bit...
I suspect you'll end up agreeing to keep it for a period of time - a year maybe? - with a definite plan to sell, or at least review the decision, after you've had a decent amount of time enjoying the fruits of your labours. She'd be a hard hearted woman not to want to see you enjoy it for a bit...
Omerta said:
Sounds like you're most of the way to making the decision. My suggestion would be to tell her how you're feeling conflicted over it - basically everything you've put down here, then ask her what she thinks. Not to suggest it's her decision, but by making it clear that her opinion matters and it's a decision you want to make together you'll win a lot more support for a compromise.
I suspect you'll end up agreeing to keep it for a period of time - a year maybe? - with a definite plan to sell, or at least review the decision, after you've had a decent amount of time enjoying the fruits of your labours. She'd be a hard hearted woman not to want to see you enjoy it for a bit...
+1 with this one! and as you have involved her is a choice about the car then you are much more likely to get your leg over as well. win win I say! I suspect you'll end up agreeing to keep it for a period of time - a year maybe? - with a definite plan to sell, or at least review the decision, after you've had a decent amount of time enjoying the fruits of your labours. She'd be a hard hearted woman not to want to see you enjoy it for a bit...
Be dead soon, enjoy yourself now. That's my view. Ok, you have to plan for the future to a degree but not at the expense of today. Too much of that about these days for my liking.
Take the Ultima, park it round the corner, walk home, look at the empty garage. When you've stopped crying, you'll have your answer.
Take the Ultima, park it round the corner, walk home, look at the empty garage. When you've stopped crying, you'll have your answer.
Edited by _Leg_ on Tuesday 3rd May 11:41
Keep it unless you really need the wonga for the house move, or unless you agree with the Mrs.to be that the value of the car added to your house purchase pot would be a major life improvement.
eg. Say you're moving from a flat to a 3 bed house, knowing that you're likely to need to move to a 4 bed house in a few years were you to have one or more littl'uns. If selling the car now could mean you could move straight to that 4 bed house, then (IMO) it could be worth it. But if the money will just drain away on random things, then keep the car. You'll not get it back once it's gone, and you've poured all your hard work into getting it. It sounds like your other half is understanding either way.
eg. Say you're moving from a flat to a 3 bed house, knowing that you're likely to need to move to a 4 bed house in a few years were you to have one or more littl'uns. If selling the car now could mean you could move straight to that 4 bed house, then (IMO) it could be worth it. But if the money will just drain away on random things, then keep the car. You'll not get it back once it's gone, and you've poured all your hard work into getting it. It sounds like your other half is understanding either way.
k what anyone else thinks. If you want to keep it then do so.[quote=Mjpmark]Guys
Having spent a small fortune, family and friends over the past two years have eventually ground me down to a point where i feel guilty for owning my car.
You know the pitch, you could be mortgage free!!!
Think of the running costs etc etc
quote]
Do the math.
You must be £60k ish into it, you sell it for £45k ish and put that lump against the mortgage - good solid plan....really?
45K at 3.5% interest only mortgage is going to make you £131 better off per month - you could always look at triming mobile/sky/broadband/gas/elec providers and probably get that much saving anyway.
Keep - enjoy, if you really need to sell then it won't be a hard decision to make.
Jim
Having spent a small fortune, family and friends over the past two years have eventually ground me down to a point where i feel guilty for owning my car.
You know the pitch, you could be mortgage free!!!
Think of the running costs etc etc
quote]
Do the math.
You must be £60k ish into it, you sell it for £45k ish and put that lump against the mortgage - good solid plan....really?
45K at 3.5% interest only mortgage is going to make you £131 better off per month - you could always look at triming mobile/sky/broadband/gas/elec providers and probably get that much saving anyway.
Keep - enjoy, if you really need to sell then it won't be a hard decision to make.
Jim
It seems recently that 2 GTR builders have had the massive misfortune to having the life's cut short by Cancer...
I think If you asked them what they would do the answer would be clear, life is to short and if your happy driving it and the wife's not giving you the (Me or the Car Speech) I'm sure you'd feel better keeping it
and just soak-up all the attention it gets. After all we only want to be liked by our Piers and hope to make new friendships though our hobbies and interests.
The people who maybe make you feel guilty might not be your true friends shall we say, or they maybe some element of Jealousy. A true friend will just come out with it as say there Jealous but still be a good friend and still love the car and would never tell you to sell it, just might come round more often for a ride.... and lets face it any excuse to take the car out for a spin....
My Dad did mension the morgage thing but only once, and only when he found out the cost. He since has said
how proud he was that I built it to that std and quailty.... now has a picture of my GTR on his wall...
DONT SELL enjoy and thank the misses for letting you fullfill a dream, works for me....
I think If you asked them what they would do the answer would be clear, life is to short and if your happy driving it and the wife's not giving you the (Me or the Car Speech) I'm sure you'd feel better keeping it
and just soak-up all the attention it gets. After all we only want to be liked by our Piers and hope to make new friendships though our hobbies and interests.
The people who maybe make you feel guilty might not be your true friends shall we say, or they maybe some element of Jealousy. A true friend will just come out with it as say there Jealous but still be a good friend and still love the car and would never tell you to sell it, just might come round more often for a ride.... and lets face it any excuse to take the car out for a spin....
My Dad did mension the morgage thing but only once, and only when he found out the cost. He since has said
how proud he was that I built it to that std and quailty.... now has a picture of my GTR on his wall...
DONT SELL enjoy and thank the misses for letting you fullfill a dream, works for me....
GTRCLIVE said:
It seems recently that 2 GTR builders have had the massive misfortune to having the life's cut short by Cancer...
I think If you asked them what they would do the answer would be clear, life is to short and if your happy driving it and the wife's not giving you the (Me or the Car Speech) I'm sure you'd feel better keeping it
and just soak-up all the attention it gets. After all we only want to be liked by our Piers and hope to make new friendships though our hobbies and interests.
The people who maybe make you feel guilty might not be your true friends shall we say, or they maybe some element of Jealousy. A true friend will just come out with it as say there Jealous but still be a good friend and still love the car and would never tell you to sell it, just might come round more often for a ride.... and lets face it any excuse to take the car out for a spin....
My Dad did mension the morgage thing but only once, and only when he found out the cost. He since has said
how proud he was that I built it to that std and quailty.... now has a picture of my GTR on his wall...
DONT SELL enjoy and thank the misses for letting you fullfill a dream, works for me....
I have a one word answer to the me or the car speech and that is goodbye.I think If you asked them what they would do the answer would be clear, life is to short and if your happy driving it and the wife's not giving you the (Me or the Car Speech) I'm sure you'd feel better keeping it
and just soak-up all the attention it gets. After all we only want to be liked by our Piers and hope to make new friendships though our hobbies and interests.
The people who maybe make you feel guilty might not be your true friends shall we say, or they maybe some element of Jealousy. A true friend will just come out with it as say there Jealous but still be a good friend and still love the car and would never tell you to sell it, just might come round more often for a ride.... and lets face it any excuse to take the car out for a spin....
My Dad did mension the morgage thing but only once, and only when he found out the cost. He since has said
how proud he was that I built it to that std and quailty.... now has a picture of my GTR on his wall...
DONT SELL enjoy and thank the misses for letting you fullfill a dream, works for me....
Seriously tho' as Clive has said keep the car and enjoy it and don't be pressured into making the right decision for the wrong reasons.
this is a well times post for me... for a different reason. I spent most of last night on the Ultima website pricing up the cost of a kit car. OP, I guestimate the cost at around £45 - 60k. Was that about right for your car, or was it more than that?
Your's is a beautiful car and the idea of building one is so very tempting.
Your's is a beautiful car and the idea of building one is so very tempting.
drivin_me_nuts said:
this is a well times post for me... for a different reason. I spent most of last night on the Ultima website pricing up the cost of a kit car. OP, I guestimate the cost at around £45 - 60k. Was that about right for your car, or was it more than that?
Your's is a beautiful car and the idea of building one is so very tempting.
If you based your figs on a SBC engine then around your lower fig, if you considered an LS engine then anything from 50K (LS3) to 70K (LS7). Some of it depends on if you can source new parts other builder don't want as they upgrade or even take over a started project that someones selling, could save you a few thousand, but do a lot of research and don't be afraid of asking a lot of questions......I did and made a whole lot of friends in the process.Your's is a beautiful car and the idea of building one is so very tempting.
Good luck with whatever way you decide to go.
Graham
Thanks for the replies. I have booked a visit to the factory and I want to see for myself some of the practicalities involved. TBO if this is something I persue it will have to be a turnkey car as I don't have the space and if i'm really honest the technical skills to build such a car. I would love to give it a go, but I think I would only be confident if I had the help and support of someone who knew what they were doing. As I don't have that, the 'logical head' says buy one already built. Early days, early thoughts, but this car more than any other I have looked at recently (and believe me i've looked at hundreds for restomod C1 and C3's to Porsches galore), it just seems more 'me'. I don't know how to explain it other than that. But I suspect many here in the kit car world already get that idea.
Thanks
Thanks
Out of interest Mark, what have you added to get your parts total to £100k?
With forgeline wheels, 360mm 6 pot AP's all round, heated screen, SSS body mods including rearranging front and rear lights, carbon cills, LS7, custom exhaust & fuelling, stalks, custom AC controls, touch screen hifi, wrap (instead of paint), wing etc etc mines is coming out at a smidge under £70k?
With forgeline wheels, 360mm 6 pot AP's all round, heated screen, SSS body mods including rearranging front and rear lights, carbon cills, LS7, custom exhaust & fuelling, stalks, custom AC controls, touch screen hifi, wrap (instead of paint), wing etc etc mines is coming out at a smidge under £70k?
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