Complete Honda FF Engine

[problemchild]

I have a car which I have no plans to use the balance of 2021. Now that a long-term plan has been to confirmed to ensure part supply of the HPD engine components, I have decided that I will sell off the Honda engine to a racer who needs it in the short-term.

For the purposes of this ad, the price will be $20K OBO. I will consider offers until June 14th. I can deliver the engine to PIRC on the June 20 weekend, or it can be picked up thereafter. I would prefer not to ship. I would prefer to sell it to a racer who will support 2021 FRP events. Those factors may affect the final acceptance of a particular offer.

The engine is complete from clutch to intake filter. It was a low mileage wrecker engine with a new HPD kit. It has been run in the shop but never seen the race track. There are no HPD chassis kit parts included. The auxiliary sensor harness and sensors are not included.

Please communicate directly to riceraceprep-at-gmail.com
Thanks!

[OneWayOut]

Wow, that's a significant markup. The entire conversion kit (with the engine/chassis/electronics) was listed at $16.9k.

What's driving up the cost? Are the Honda parts just impossible to get now?

[problemchild]

Selling on Apexspeed requires an asking price. When people are selling items for BO, the protocol is to set a price above the expected sale price. My asking price is not a reflection on perceived or expected value, or my long-term replacement cost. I will be happy to discuss this matter privately by email with potential buyers.

[problemchild]

Back to the top.

The engine is for sale on a best offer basis by June 14.
Thanks!

[Lotus7]

I would prefer to sell it to a racer who will support 2021 FRP events. Those factors may affect the final acceptance of a particular offer.

[problemchild]

In typical "the sky is falling" internet drama fashion that Honda engines are not available and people cannot go to the track because they cannot get an engine, I have not had an inquiry, much less an offer, to buy the engine for $2K less than an engine was previously available for (not including labor). i will still leave the engine as available for another week, but have removed it from the worklist for delivery to PIRC.

[lowside67]

Perhaps the lack of response is an indication that people feel your price is so far out of line/opportunistic that they are not even willing to make an offer?

-Mark

[problemchild]

Perhaps the lack of response is an indication that people feel your price is so far out of line/opportunistic that they are not even willing to make an offer?

-Mark

Perhaps people that think that should learn to comprehend what they read.
What could be clearer than best offer?

[t walgamuth]

It is clear but if the asking price is for example double what the perceived value it might deter all but the most bold. I would ask for half price if I needed a Honda at the moment.

[problemchild]

It is clear but if the asking price is for example double what the perceived value it might deter all but the most bold. I would ask for half price but don't need a Honda at the moment.

I think post 3 is very clear. There is no "half price" to offer. I will sell it for fair market value, or keep it.

[John Nesbitt]

Perhaps people that think that should learn to comprehend what they read.
What could be clearer than best offer?

For a possible explanation, google 'Anchoring'.

[problemchild]

For a possible explanation, google 'Anchoring'.

No kidding?

[DaveW]

For a possible explanation, google 'Anchoring'.

Google:
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Psychologists have found that people have a tendency to rely too heavily on the very first piece of information they learn, which can have a serious impact on the decision they end up making. In psychology, this type of cognitive bias is known as the anchoring bias or anchoring effect.
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Folks who are prone to this have also been called "gullible skeptics." Once they "learn" something, they will not be swayed no matter how strong the evidence against it.

[lucky13]

Google:
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Psychologists have found that people have a tendency to rely too heavily on the very first piece of information they learn, which can have a serious impact on the decision they end up making. In psychology, this type of cognitive bias is known as the anchoring bias or anchoring effect.
--------------------------------------------
Folks who are prone to this have also been called "gullible skeptics." Once they "learn" something, they will not be swayed no matter how strong the evidence against it.

Apologies for helping to hijack your thread Greg, but anyone interested in anchoring or decision-making in general would enjoy Daniel Kahneman's books. Fantastic stuff.

[problemchild]

It appears I will be able to bring the engine to PIRC, should anyone want to take it home.
Thanks!

[problemchild]

Update:

The engine is still for sale!

However, it was used at the FRP PIRC event. In the 27 car Pro field. The car with the engine installed, scored the outside pole, then set fastest lap in all 3 races, winning 2, and being involved in an incident in the 3rd.

While all offers will be considered, the first $15K will take it.

While these results are an endorsement for this engine, I think it also speaks for the competitive nature of the class with this engine package. Thanks!

[t walgamuth]

It sounds like an excellent performance! Good luck with the sale. I suppose this sets a price level which will reflect positively on the value of my Honda.

[B Reid]

For those struggling with the math on this engine cost, I had a spare engine delivered to me at Pitt and immediately another team found themselves in need of a motor. I loaned it out and started thinking about what it would cost to replace it. There is about $7,600 of HPD parts on it- oil pan, scavenge pump, intake, alternator, etc., etc. Then the engine costs- assuming you buy a junkyard motor for $700, then you add the large piston upgrade which is in the $3,000-4,500 range. Then engine shop labor, dyno time, shipment, and so on. This does not include an engine harness.

For me, I figured it was a bit over $14,000. So Greg's price is not unreasonable for a good proven engine. By the way, my engine finished second and third.

[zangyomotorsports]

Update:

The engine is still for sale!

However, it was used at the FRP PIRC event. In the 27 car Pro field. The car with the engine installed, scored the outside pole, then set fastest lap in all 3 races, winning 2, and being involved in an incident in the 3rd.

While all offers will be considered, the first $15K will take it.

While these results are an endorsement for this engine, I think it also speaks for the competitive nature of the class with this engine package. Thanks!

This engine was built by an HPD Chief Engineer. Results show it's one of the most powerful legal engines made, if not the most powerful. At $15k it's an absolute steal. Think of the hours spent on honing and ring tension alone. This black cam cover gem is one of a kind.

[t walgamuth]

Thanks for providing perspective. Sounds like a great engine!

[reidhazelton]

Man, I thought the Honda was meant to get away from the "special" engines and expense associated with the Kent. Seems we've come full circle now. Shocker.

[problemchild]

I really was just trying to help get one more car on track this season that otherwise would not.
Based on the asking prices of other engines sold recently, the price listed is fair market value. It was my target price from the beginning. I was unaware of any blueprinting efforts. While I am trying to be helpful, I need to protect myself, as I do not know what the replacement cost will be next year when I replace it.

Last weekend, it became a loner engine to the only driver in the series who is faster than my drivers, so I did what was better for the Series than for my team. That driver would have sat out the weekend and my drivers would now be leading the championship.

In typical Apexspeed fashion, trying to help my fellow racers, has brought personal attacks and negative commentary about the class from people with no interest in purchasing the engine. I regret getting involved.

If anyone cares, the price is less than the number I have been quoted for a new kent with all the latest whizzy bits. Based on my experience, it will run 5 years with no maintenance costs. I know that was the end price of the kent engine that Reid brokered when one of my customers bought a new kent from Reid's engine builder a decade ago. It certainly turned out to be anything but special, and fueled our Honda passion.

This thread is not accomplishing anything positive for anybody. I have requested it be removed. Thanks!

[t walgamuth]

I think it has provided useful information to the rest of us.

[problemchild]

I think it has provided useful information to the rest of us.

Well, you should start your own thread in the appropriate section. This is the classified section.

This is all old news for people that are active in the class. While I appreciate the positive commentary, it is all a distraction, and not required. At this point, I could really care less if someone wants to buy it so they can get on track this year. I believe the legitimate potential buyers are now aware of it's availability, and a political discussion within my classified ad is unnecessary and inappropriate. Any of my political commentary would also be removed, which is equally appropriate. Thanks