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Mike,

Are you entitled to purchase any other of Unique's assets that may be helpful in finishing your car like driveline, suspension or interior components? Or was it so bad financially at the end that they didn't have any stock on hand besides what was already bolted to other guys' cars?

 

You would have to first make sure that CS would extend the License to who ever he sells the Shell to. It might be a Licensing Deal just for those who LOST with UP and they must be the ones to have the cars finished before they are sold. Something that should be looked into.
David.

 

This is true in at least one case. I have a friend who worked the line there and he had to get his stuff out in a big hurry to beat the lockout. Seems like most of the floor workers knew what was coming and kept as little there as possible to minimize potential losses. He has also verified that quite a few of the employees owed $ took a lot of merchandise with them until they get their checks. Quite a few superchargers, nitrous kits and such.....
I can't say that I find this a good thing, but at least they can get something to get by on until new work pans out. I have also learned that the FBPD has finally released all the personal belongings..like toolboxes..that they impounded. heck of a time to be looking for work in DFW.

 

Actually, I've seen the cars in lock-up. Most of the ones that are painted had Tyvec type car covers over them. I wonder if the more completed cars will be offered to there depositors for $8500?

 

I saw one go for $86K either on Barret/Jackson or was it the other guys that have a similiar type of auction.

 

The ones that usually go that cheap are the ones that are "Home Built" Cars. You can buy every single pice of the Eleanor Kit from Vendors.
David.

 

I guess the big question you have to ask is...for $8500 all you get is a shell? What about the other $50 k in parts that you paid for? I guess those are gone and not to be included in your purchase...if you have never built a car from the ground up and i am talking about from a shell not a car you took a part and restored but a bare shell it is a lot of time and money. You need to put together a list of the parts you would need.
Motor
Transmission
Everything under the hood from motor mounts to radiator to headers
Exhaust
Suspension -full front and rear
Wheels and tires
Brakes
Wiring
Interior
Seals (Which i am always amazed at the price)
And for the many parts you have to purchase high end. TCP suspension should cost about $ 8 k. Full alum 427 fe carb to pan and show polished is close to 20 k. Tremec TKO 600 is 3k. Big $$ for brakes.
I have touched just a few items you would need to built this car...i could go on for a while with parts to make the car what Unique promised to built.
Then on top of it you need to find someone that can put the car together and do a great paint job and the time it will take to do it all.
At the end of the day...if you build the car and spend an additional 100 k plus to build the car can you sell it for more and capture back the money you have lost?
I dont think you will be anywhere close to that number.
Built it if you want the car to enjoy and drive forever b/c you will be so upside down on the car it will make you throw up to ever sell it.
These are just my thoughts....Good luck and i hope Unique gets what is coming to them.

 

The money he has lost so far is GONE bye-bye. Now he has to decide if he wants to spend $8,500.00 for a Shell of a Car (hopefully one with a CLEAR & Correct Title) and then spend another $100K to $150K to finish it. After thinking about it more and reading some of the Posts, if I wanted one that bad, I would just buy one that was already built off of ebay or just buy a 1967 Shelby G.T. 500.
David.

 

This is what i would do...pick up a 67 or 68 shelby gt 500 needing work minis original motor and tranny and put the TCP suspension in it, alum 427 and 5 speed. And make a real eleanor...i know the purists will hate me but make something that is already in the registry and not something that "could" be in the registry.

 

Shows how much worth Shelby gives themselves.... allow anyone to make them and they will throw a continuation badge on it like they don't care.. Sounds like they just want it all to be over.

I'm keen to see who the DA targets on these 25 felony charges for UP as well!

This thing plays out like a movie!

 

It started out as a cool concept. It just went down hill fast thanks to UP Greed.
David.

 

I don't know Mike, you have already been smoked for a big dollar. Why you want to start the game again is beyond me? I don't think this car is ever going to have the value it will cost to build it. Look down the road, the Shelby "license" is worthless, a lot of big bills ahead, etc...I think most people will look back at this and say, "this was another (failed) scheme by Shelby to make a fast buck" . Go out and buy a nice vintage car to add to the collection and watch it appreciate over the long term. I am surprised Shelby is not charging a fee to officially add his name to it.

I enjoyed John76s comment regarding a "real Eleanor".

Contrary to popular belief by some current Shelby employees, there was never such thing as a GT500E. Eleanor is made up from whole cloth. I guess that is treading on the other Shelby lawsuits.

 

CS just Licesned his Name to the Project and OK'ed the designs. He did NOT build the Cars. The fact that he said that he would License/Badge the Cars if done to specs is great. I am sorry that you and others are out all that Money, but you took a chance on a Risk that UP would not rip you off. It still blows my mind that people sent the $100K or more just for a Deposit.
David.