Challenge parts car question

In reply to SVreX:

Totally understand, just wanted to be abundantly clear. Thanks for clarifying, though.

Thanks for the update. Seems like it fits in with what we were assuming but the wording better fits the situation now.

Thanks all. Tom and I wanted to discuss and come up with a clarification to the rules so all would understand them better. Hope it helps.

Tom Suddard wrote: On the subject of past Challenge cars: By default, all past Challenge cars will be allowed to compete for exhibition purposes, assuming they are safe and have not been significantly modified since the Challenge they competed in. If they meet the current year's rules, they will automatically be allowed to compete for points against current Challenge cars. If your car does not meet the current year's rules, and has not been significantly modified since the Challenge it competed in, you must discuss your entry with the GRM staff prior to the event in order to be allowed to compete for points. Approval will be on a case-by-case basis, and GRM reserves the right to withdraw approval at any point before, during, or after the event. Long story short: Cages are no longer free, but tires now are, so cars built after the recap rule are still roughly comparable. We won't be allowing cars that clearly have the upper hand to compete for points, but they will still be allowed to have fun. Don't bring some ringer car from 2003 and expect to loophole your way to an overall victory, because that wouldn't be fun (and fun is what the event is about).

Tom, thanks for clarifying the rules and costs. I have been taking my past challenge car and rebuilding it under the new budget rules, so I believe I am okay under the new rules as the car was built and ran in 2006, 2007 and 2008. I removed the rear suspension from the old budget and purchased a rear suspension from Andrew Nelson and have basically replaced parts on the car by removing the old part (and the original budget cost) and replaced with a different item. I have replaced brake parts with junkyard parts (FMV) but then as part of the safety rules, have purchased items such as rotors and stock pads and calipers with rebuilt items since they are not a budget item. So let me know the process for sending you the details so we can be sure we are good.

P.S. I may end up having to be on a business trip the weekend of the challenge, but my friends will bring down the car and have all the fun with the car. Plans might change, but I still want see the car at the challenge this year!

WillrunifChased wrote: In reply to Tom Suddard: Now I really want a copy of the issue with the 2003 challenge cars.

Im guessing that was the Monster Miata year. They bought a car for more than $2003 and proceeded to sell it a looong way down. IIRC thats where the original purchase price cap and sell off cap rules came from because we all whined so much. Honestly i'd love for it to come back. I want to see if the bar has truly been raised as high as I think it has.

In reply to dherr: The process is simple: just send rick an email (rick@grassrootsmotorsports.com), and he'll get you straightened out.

MrJoshua wrote:

WillrunifChased wrote: In reply to Tom Suddard: Now I really want a copy of the issue with the 2003 challenge cars.

Im guessing that was the Monster Miata year. They bought a car for more than $2003 and proceeded to sell it a looong way down. IIRC thats where the original purchase price cap and sell off cap rules came from because we all whined so much. Honestly i'd love for it to come back. I want to see if the bar has truly been raised as high as I think it has.

Yep. Though, honestly, today's challengers are probably way faster thanks to cheaper V8s and fuel injection.

In reply to Tom Suddard:

Wasn't the Monster Miata a fuel injected V8?

Yes, but no LS1 or megasquirt.

https://grassrootsmotorsports.com/articles/mongrel-motorsports-miata/

Time doesn't change that it was a very well built car even if it did get to the budget from a different direction. Does Hoser still have it?

So, just for my slow witted brain.......I can sell the unnecessary bits from my $250 Corolla for $1008, or do I stop at $250?

You can't recoup more than the original purchase price of a car/part... so you have to stop at $250 on the budget and buy yourself some beer with the rest of the profit.

DeadSkunk wrote: So, just for my slow witted brain.......I can sell the unnecessary bits from my $250 Corolla for $1008, or do I stop at $250?

The way I read it, is as long as it came with you when you bought the car you are competing with in the event, you can sell whatever you want and recoup up to 1007.50, regardless of the price you paid for the car/car+parts deal.

rcutclif wrote:

DeadSkunk wrote: So, just for my slow witted brain.......I can sell the unnecessary bits from my $250 Corolla for $1008, or do I stop at $250?

The way I read it, is as long as it came with you when you bought the car you are competing with in the event, you can sell whatever you want and recoup up to 1007.50, regardless of the price you paid for the car/car+parts deal.

It's been my understanding that you can at best zero out the cost of an individual item, you can't use profit from it to knock down the price of other parts- guess that's something else that needs further clarification. I won't complain though if I'm wrong, gives me a few more bucks since I made a profit parting the truck my Elky's engine came from...

rcutclif wrote:

DeadSkunk wrote: So, just for my slow witted brain.......I can sell the unnecessary bits from my $250 Corolla for $1008, or do I stop at $250?

The way I read it, is as long as it came with you when you bought the car you are competing with in the event, you can sell whatever you want and recoup up to 1007.50, regardless of the price you paid for the car/car+parts deal.

I concur.

Ashyukun wrote:

rcutclif wrote:

DeadSkunk wrote: So, just for my slow witted brain.......I can sell the unnecessary bits from my $250 Corolla for $1008, or do I stop at $250?

The way I read it, is as long as it came with you when you bought the car you are competing with in the event, you can sell whatever you want and recoup up to 1007.50, regardless of the price you paid for the car/car+parts deal.

It's been my understanding that you can at best zero out the cost of an individual item, you can't use profit from it to knock down the price of other parts- guess that's something else that needs further clarification. I won't complain though if I'm wrong, gives me a few more bucks since I made a profit parting the truck my Elky's engine came from...

Well, there is a difference in my mind between profiting on the original car you bought for the challenge, and profiting on other parts cars.

For example, you buy this and use one as a challenge car (2 Saab Sonnets). Say you pay 800 for both. That 800 is the original transaction where you aquired your car and a big stash of parts. You may recoup up to 1007.50 selling those parts.

You may also buy a $1000 parts vehicle, use the fuel tank for the challenge build, and part out the rest of the vehicle for $1500. That is now a parts deal (not included with the original car purchase), which I read you may not profit on (unrelated parts language). Seems like you have a free gas tank, but not $500 of recoup. Additionally, (and again the way I read it) if you have already recouped 1007.50 from selling sonnet parts, then it is actually a $1000 gas tank.

In reply to rcutclif:

I can't even follow that it is so convoluted. Suffice it to say, no.

You can't recoup more than the purchase price of any car or parts deal involved in the build.

Total combined recoup in the entire build may not exceed $1007.50, regardless of whether it was a complete car, or a parts deal.

So, buy 2 Sonnets for $800, max recoup is $800.

Spend an additional $1000 on a parts car, and you will not be able to recoup more than $207.50. $792.50 must be included in budget as an expense.