I just talked to them and the price is the price. No way around it. So I can do what I PM'd. Material costs go up guys and i just looked at a pricing sheet from 2012 and my cost today is $70 more than it was almost 5 years ago. Not too bad considering the rising costs of shipping, materials, and wages all over the World.

 

well since that is way below my cost count me in for ten sets on that group buy.

 

Ha ha yeah I hear ya. What's funny is... If these are in such high demand how has no one else jumped on the spindles band wagon and started to build/sell these? I understand the process is not cheap but surely someone can compete.

 

The same reason I don't manufacturer intakes or dyno tune. It takes a hell of a lot of $300 intakes and $500 dyno tunes to pay off a $250-300k 3d printer or dyno.

You are skipping right to the end and making assumptions about prices and cost.

Research the source for solid aluminum blocks in the size necessary. Then spend money and time researching the product and designing it.

Then either buy a very expensive piece of machinary or find someone else who did, and doesn't already have all the work they can possibly handle to pay off that machine.

Then sell that product to dealers, who in turn must sell those products to customers. Oh and at every step of manufacturing process the guy before you still needs to make money to keep their company open and to keep food on the table.

Now if you are willing to front all that time and money to sell drag spindles for $1000 while ensuring every person along the manufacturing process can still make money on them then you will have yourself a business.

THEN try actually getting your money from all the "interested" customers.

When I start a post on Facebook for example on sales I will get 10-15 messages and some people will even have me invoice them. Then out of my 10-15 I might get 1-2 of them to actually pay.

So to get the confirmed 30-40 orders you are talking about I would guess you would need at least 200-300 "interested" people.

That is a hell of a lot of effort for $100 a set profit you will likely be left with. I sure wouldn't do it for that and I have zero overhead costs. In fact my business gives me a nice tax write off on my home which has a shop on the property. So my overhead is actually negative.

That is why people don't spring up everywhere making them. If it was that easy to do everyone would do it, and as economics 101 teaches us that would depress prices until everyone doing it exits the market.

Hope that all makes some sense. LG is a hell of a company and I run all their stuff on my Vettes and have always felt really good about their value. Not for everyone though.

 

Guess I'm staying 18s and working on my high low boost button for now.

 

Well you really did make a point there and it surely does make a valid one at that. Helps clarify a few things for sure. As I said to you a few times already there is no doubting that they do make a great quality product. Thanks for all the info. Glad you could clear up a few things along the way. It's nice to see a positive take on this. Sometimes people get negative about these things but you were great about it and helpful as well. Cheers bud.

 

Haha no worries. Once upon a time I was a customer and not a business. I had to learn a lot and still have so much more to learn. What I think you all should do is stop worrying about saving a couple hundred bucks, buy them and get your *** out to the drag strip and make some runs! We all waste so much money on useless stuff during the Holidays, what is another couple hundred?

 

Ha ha. Yeah again I appreciate your input it's def valuable. To be honest bud I think the problem is that for most new guys in the market for the spindles they obviously search here or on google for deals and the first thing that comes up is the group buy from LG for $899. It's only from two years ago an of course that's what people still wanna pay but like you said things change and prices go up. Thanks for your help though bud. At least you tried!!

 

 

Must have been a special circumstance on that buy. I found a post from 2010 and it was $1495.

 

Yeah for sure. It was actually by lg themselves. Be nice if they do one now before Xmas ha ha. Anyways gotta run take care buddy!!

 

Yeah, I just spoke with LG about it and there was some stuff behind the scenes I am not going to go into. Just know it isn't ever happening again.

 

Too bad that group buy was from almost 2-1/2 years ago, price has apparently gone up a lot from then.

I'm definitely interested in getting a price PM'd to me. I'll be buying a set 100%, just not sure if it'll be this year or next year since I won't be doing the conversion until spring.

 

I know right. But it's all we can do I guess. I just bought my welds so I guess I'll have to wait fjr a set to come in the for sale section or wait until the spring to purchase them

 

damn. for $900 I'd buy a pair tomorrow.