David J Marguglio wrote:Rick: believe the horror.
Dan, two things: First of all, upgrading your car (i.e. making systematic additions to increase performance) is to building a race car as remodeling your kitchen is to tearing down your house and building a new one. It is very difficult to piecemeal a race car; it simply is or it is not.
As Otto correctly pointed out, and I should probably have this made into a t-shirt, It is ALWAYS better to buy than build. But if one chooses to go through that process of building a racecar, I feel they should go into it with the wisdom of those that have gone before them. That brings me to my second point which is it is only about the money when it is significantly more than you intended/hoped/promised to spend. In your example of a trip to Fiji, how would you have felt about your trip if despite what your travel agent, hotel, airline, etc. had quoted you, in the middle of your trip you found that all of your costs tripled? Would you still be feeling that rejuvenation of the human spirit, Dan?
Be afraid!
David:
Excellent points. And, I agree with you 100% as to point 1. Buy-and-build a Porsche Race Car is very, very expensive. And, I think "take your budget, double it, and double it again" is wrong ... it's more like Triple it!
I didn't think Rick was looking to build a full-blown racer. More like a somewhat to quite modified street car. I don't think I was too far off on that assessment.
As to point #2 ... that's where my comment about doing some research and spending carefully comes in. I wouldn't buy a trip to Fiji without doing thorough research, finding the best approach to spending, and making sure I stayed focused on the trip objective (diving, skiing, whatever). (As a sidenote: I think budget over-runs occur because of insufficient research up-front, or loss of focus during the process of ..... travelling, building a race car, running a business...... the 6-P principle, remember?) When I travelled and surfed Bali, I had no cost over-runs..... in fact I came home with $400.00 more in my pocket than I expected, because I had planned to spend more. And I still rode world-class waves, and stayed in luxury accomodations. Yes, good planning makes for good spending.
David, your points about the expense of building a race car are well taken, effectively communicated, and valid. I agree with you 100%. building a race car is very expensive, and always more money than anticipated. Yes, David you are right. I'm sorry you don't understand the notion of intrinsic reward regardless of money. It isn't
all about the money.
(It's a personal thing. )
Rick, good luck!