Keith Tanner said:
But they are sleepers. I'm thinking of building another halo car for the shop that will be a little more...dramatic...but it will always be possible to tell that it's based on one of the best handling cars on the market It's got a completely new drivetrain, new braking system, reinforced chassis, new steering, new suspension, fuel system, cooling system, custom electronics - but since it looks like a Miata it'll never be viewed as anything but a modified Miata to a lot of people. I'm trying to figure out how we can change that perception. The journalists who drive it are always impressed how much it feels like a production car.
Yupididit puts a value of $18k of our car over a stock Miata. That's just depressing. An extra 350 hp and 400 lbs of torque, a much more robust drivetrain, custom long-travel suspension, improved grip and without losing any of the mod cons (other than wheelspin control)...and it's worth $18k to him. Hell, GM gets to charge an extra $25k for the Z06 over the Stingray and they're basically the same car other than the addition of a supercharger.
Every time a V8 Miata comes up for sale, it gets compared to a used Z06 because they have the same engine but are very different cars. The TVR and our cars are much, much closer in size (I assume), weight, power and general design so it's a good comparison. Even before there was a "new TVR" I used to characterize our car as a modern TVR without the reliability problems. Anyhow, this is interesting. I've been looking at if it's worth trying make the FM ND V8s a more serious part of the business. This discussion makes me think not.
Quoting just the relevant bits due to length.
Sorry the feedback here is getting to you. Please keep in mind almost everyone posting (me included) thinks FM is an awesome company, we want you to succeed because of that, and the ND V8 Miata is awesome.
With that being said, you're on a forum of DIYers and cheapskates. We're probably not the target market for an $80k Miata. It shouldn't be a surprise. Trying to draw a parallel to home renovations (because that's all I've been doing the last 2 years):
-I got a quote to have hardwood floors put in ($8700, 1000 sqft, solid oak, material and labor included). I was actually going to pay for this one until the guy missed three deadlines, hadnt ordered materials yet, and I had 3 weeks until I was hosting Christmas for my folks and fired him. Went to a local place, got material (3/4" solid mahogany) that night, let it acclimate a week, and did it my reluctant self. Total bill: ~$3000 including my new air nailer.
-Got a quote to replumb the whole house: $7000. Did it myself over three weekends, cost about $1000.
I imagine a lot of folks here are in a similar boat. If we can do it ourselves for 1/3 the cost, its really hard to write the big check. Its not that I don't see the value, I just have difficulty valuing others' time at 2-3x my own.
I'm finally reaching a point in my career where I *could* spend that kind of money on a car, and I haven't (yet). Part of it is that lingering cheapness (or frugality/sense of value if you're trying to make it sound better). If I was going to build a V8 miata, I'd start with a clean NA shell, a used ls1/t56 from a 4th gen f-body, and try to have a beautiful finished car for under $30k (incl. possible paint/interior refresh). Part of it is the reasons you've already heard:
-a v8 miata is awesome, but it looks like any other miata, you have to explain why its better. A TVR (or SLC, or Ultima, etc) has people running up to you and asking, "what kind of car is THAT? Ive never seen one before in my life!" Thats whats meant by rarity, not number built.
-you bring up Z06s in a lot of your posts and say they're not comparable, or imply the miata is superior. But a C5 Z06 is $18k in great shape these days, has 400+ hp, supercar 2 seater looks, turnkey OEM reliability, and weighs 3100 lbs. And it handles great. The Miata does not have a monopoly on handling, or double a-arms suspensions. C6 and C7 just add more of everything (including cost and weight, unfortunately). Not trying to knock Miatas or Corvettes, but theres a heck of a lot of both at NASA/SCCA weekends. I don't know why they take the brunt of the abuse in your comparisons.
Theres definitely a market for the v8 ND, and its ironically similar to the new corvette/911 market. Older guys with money, that just want to write the check, cry once, and move on to having an awesome car that just requires washing and changing the oil.