Here's What My NASCAR Cup Car Is Actually Worth

EmeliaHartford

1 Jun 202415:33

Summary

TLDRIn this video, the host introduces the new 'Return To Life' collection available at the returntolife.store, highlighting premium quality apparel and accessories. The collection emphasizes the importance of small progress in daily life. The host also shares her experience of purchasing a NASCAR on Facebook Marketplace, thinking it was a 2005 Dodge Charger but discovering it's actually a 2002 Dodge Intrepid. With the help of an appraiser, she learns the car's true identity and its value, which surprisingly doubles her initial investment. The video concludes with the host's excitement for an upcoming project involving a Superbird and a tease for the latest apparel collection.

Takeaways

😀 The 'Return To Life' collection has been officially launched, featuring premium quality apparel and accessories with a focus on self-progress and mental health support.
🎩 The collection includes a bone hoodie, a bone dad hat, an olive tee, and other items with a motivational message on the back emphasizing the value of small daily progress.
🛍️ The store is transitioning to a pre-order model to manage the high demand and frequent sell-outs, with a one-week window for customers to place orders to ensure delivery.
🏎️ The video features an appraisal of a NASCAR vehicle bought on Facebook Marketplace, aiming to determine its value for insurance purposes.
👷 Kurt, a Mopar specialist, is brought in to appraise the NASCAR, indicating a potential for a significant valuation given his expertise and the car's unique features.
📋 The importance of having documentation for vehicles, such as build sheets and receipts, is highlighted, which can significantly impact insurance valuations.
🚗 The video discusses the challenges of buying a car without knowing its full history, promoting the use of 'car vertical' for comprehensive vehicle history reports before purchase.
🎉 A special deal on a lamp is mentioned, emphasizing the value of knowing a vehicle's history, which parallels the importance of checking a car's history with car vertical.
🍷 A humorous anecdote about a bottle of wine being part of the car purchase negotiation is shared, adding a personal touch to the story.
🔍 The appraisal reveals that the NASCAR is not a 2005 Dodge Charger as initially thought, but a 2002 Dodge Intrepid, built by a reputable racing team with a powerful engine.
💰 The car's appraisal value is a surprising $66,100, more than double the purchase price of $28,000, indicating a significant financial gain on the investment.

Q & A

What is the new collection mentioned in the video called?
-The new collection is called the 'Return To Life' collection.
What types of products are included in the 'Return To Life' collection?
-The collection includes apparel such as hoodies and dad hats, as well as accessories like keychains, license plate covers, and air fresheners.
What is the main message conveyed by the 'Return To Life' collection's design?
-The main message is that 'small progress is still progress,' encouraging people to take things one day at a time and not compare themselves to others.
Why is the speaker considering switching to a pre-order model for the products?
-The pre-order model is being considered because the products often sell out quickly, and not everyone can get the apparel when they want to.
What does the speaker plan to do with the NASCAR vehicle they bought on Facebook Marketplace?
-The speaker plans to have the NASCAR appraised to determine its value for insurance purposes and potentially cut it up for a future project involving a Superbird.
What was the initial expectation about the NASCAR vehicle's identity before the appraisal?
-The initial expectation was that the vehicle was a 2005 Dodge Charger NASCAR.
What did the actual appraisal reveal about the NASCAR vehicle's identity?
-The appraisal revealed that the vehicle was not a 2005 Dodge Charger but a 2002 Dodge Intrepid NASCAR.
What was the purchase price for the NASCAR vehicle bought on Facebook Marketplace?
-The purchase price was $28,000.
What was the appraised value of the NASCAR vehicle?
-The appraised value was $66,100, which is more than double the purchase price.
What service is recommended in the video for checking a car's history before buying?
-The service recommended is CarVertical, which provides a comprehensive vehicle history report.
What is the discount offered by CarVertical as mentioned in the video?
-CarVertical is offering a 20% discount using the discount code Amelia or by clicking the link in the video description.

Outlines

00:00

🛍️ Launch of Return To Life Collection and NASCAR Appraisal

The video begins with the announcement of the 'Return To Life' collection now available on the official store. The collection features premium quality apparel and accessories, including a hoodie, dad hat, and tees. The narrator emphasizes the importance of small progress in life and encourages viewers to take things one day at a time. The collection is limited, and the store is switching to a pre-order model to ensure availability. The narrator also discusses her recent purchase of a NASCAR from Facebook Marketplace, expressing her hope that it's worth more than she paid. She introduces Kurt, an appraiser, to evaluate the NASCAR's value for insurance purposes. They discuss the process of appraisal and the importance of documentation, and the narrator expresses her wish for a full history report on the NASCAR.

05:01

🏎️ NASCAR Evaluation and Restoration Plans

The narrator and Kurt delve into the evaluation of the NASCAR, discussing the process and the potential value of the vehicle. They explore the car's features, including its powerful engine and racing chassis. The narrator mentions her intention to use the NASCAR for a restoration project, specifically to create a Richard Petty-inspired Superbird. They discuss the car's history and the possibility of using it for insurance purposes, noting that insurance appraisals can be higher than fair market value due to the detailed documentation of the vehicle's restoration. The narrator expresses curiosity about the car's fair market value and plans to digitize all the paperwork for a more accurate assessment.

10:02

🔍 Unveiling the True Identity and Value of the NASCAR

The narrator reveals that the NASCAR she purchased is not a 2005 Dodge Charger as initially thought, but a 2002 Dodge Intrepid, built by Rich Childrenis with an Ernie Elliott engine. This car is highly desirable among collectors and enthusiasts. Kurt provides a comprehensive appraisal report, including a history report, vehicle options, condition report, and photos. The car comes with a desirable option package and certifications. The appraisal value is a staggering $66,100, more than double the purchase price of $28,000. Despite the significant increase in value, the narrator reaffirms her plan to use the car for a Superbird project, showcasing her dedication to the restoration and customization of vehicles.

15:05

🎉 Conclusion and Future Plans for the NASCAR

In conclusion, the narrator expresses excitement about the successful appraisal and the plans for the NASCAR. She confirms her intention to proceed with the Superbird project and thanks the viewers for their support. The video ends on a high note, with the narrator reflecting on the positive outcome of her NASCAR purchase and the upcoming restoration project. She also reminds viewers about the ongoing availability of the 'Return To Life' apparel collection, emphasizing the importance of supporting the cause and the brand.

Mindmap

Keywords

💡Return To Life collection

The 'Return To Life collection' refers to a newly launched apparel line by the speaker. It is a significant aspect of the video as it represents the main product being promoted. The collection includes premium quality items such as hoodies, dad hats, and t-shirts, all featuring the brand's signature message of progress and positivity. The speaker expresses a personal connection to the collection, indicating that they 'love this collection' and are 'living in this hoodie,' which exemplifies the promotional aspect of the video.

💡pre-order model

The 'pre-order model' is a sales strategy mentioned in the script where customers can place orders for products that are not yet available for immediate shipment. This model is introduced by the speaker as a response to the brand's frequent sell-outs, aiming to ensure that more customers can secure their desired apparel. The pre-order will be available on the website for a limited time, and purchases made within this period guarantee shipment, addressing the issue of availability and customer satisfaction.

💡appraisal

In the context of the video, 'appraisal' refers to the process of estimating the value of an item, specifically a NASCAR vehicle purchased by the speaker. The appraisal is conducted by an expert to determine whether the purchase was a good investment. The term is central to the narrative as it builds suspense around the value of the car and the outcome of the purchase, which is a key plot point in the video.

💡NASCAR

NASCAR is a popular motorsport in the United States, and in this video, it refers to a specific type of race car that the speaker has purchased. The term is used to describe the car's origin and purpose, which is central to the video's storyline. The speaker's interaction with the appraiser and the subsequent revelation about the car's identity and value revolve around the concept of a NASCAR vehicle.

💡Mopar

Mopar is an abbreviation of 'MO'tor 'PAR'ts, and it is the original equipment manufacturer (OEM) for FCA US LLC, which includes vehicles from Chrysler, Dodge, Jeep, Ram, and Fiat. In the script, the appraiser is described as a 'big Mopar guy,' indicating his expertise and enthusiasm for vehicles from these brands. This is relevant to the video as it adds credibility to the appraisal process and connects the appraiser's expertise with the NASCAR vehicle being evaluated.

💡insurance purposes

The phrase 'insurance purposes' is used to explain the reason behind getting the NASCAR appraised. It suggests that the speaker is interested in understanding the car's value for insurance coverage rather than for resale. This context is important as it clarifies the speaker's intentions with the car and the purpose of the appraisal.

💡Ernie Elliott

Ernie Elliott is mentioned in the script as the builder of the R5 P7 engine in the NASCAR. This detail is significant as it adds value and prestige to the car, given that Ernie Elliott is known for high-performance racing engines. The mention of Ernie Elliott's name in the script is a testament to the quality and performance of the engine, which is a key factor in the car's overall appraisal.

💡CarVertical

CarVertical is a service mentioned in the video that provides vehicle history reports. The speaker uses this service to check the history of a car before purchasing, which is a smart practice in the car buying process. The service is highlighted as a sponsor of the video, and a discount code is provided for viewers, showing a commercial relationship between the speaker and CarVertical.

💡Rev ply Superbird

The 'Rev ply Superbird' refers to a project car that the speaker plans to create by using parts from the NASCAR. It represents a personal and creative endeavor that the speaker is excited about. The Superbird is a model of car produced by Plymouth, and the mention of it in the script adds a layer of automotive enthusiasm and project planning to the video's content.

💡fair market value

The term 'fair market value' is used in the appraisal context to denote the estimated price that a car would fetch in a sale between a willing buyer and a willing seller, neither being under any compulsion to buy or sell. In the video, the speaker is curious about the car's fair market value, which is a standard measure used to assess the worth of the NASCAR for insurance purposes.

💡one-off

A 'one-off' in the automotive world refers to a unique vehicle, not part of a production line, and typically built to custom specifications. In the script, the appraiser mentions that it's hard to value a one-off because of its uniqueness. This term is important as it adds to the intrigue and potential value of the NASCAR, suggesting that its worth may be higher due to its rarity and custom nature.

Highlights

New Return To Life collection is officially live at returntolife.store, featuring premium quality apparel.

The collection includes a bone hoodie, dad hat, olive tea, and a bone tea with a motivational message on the back.

The message 'Small progress is still progress' serves as a daily reminder to take life one day at a time.

Essentials and standard Return to Life tees will always be available on the site.

Accessories such as keychains, license plate covers, and air fresheners are also part of the collection.

The store is switching to a pre-order model to manage sell-outs and ensure availability.

Pre-orders will be available for one week, with guaranteed shipping for purchases made within this period.

The narrator bought a NASCAR on Facebook Marketplace to find out its worth for insurance purposes.

Kurt, an appraiser known for appraising GT40s and a Mopar enthusiast, is brought in to appraise the NASCAR.

Different appraisal types are discussed, including insurance purposes and fair market value.

The NASCAR is found to have an R5 P7 engine built by Ernie Elliott, producing 812 horsepower.

The narrator expresses the importance of having a full history report when buying a car, especially on impulse.

CarVertical is recommended for checking a car's history before purchase, with a 20% discount using the code Amelia.

The NASCAR came with a lot of documentation, including a build sheet and log book.

The narrator plans to use the NASCAR's parts for a Richard Petty-inspired NASCAR Superbird project.

The appraisal reveals that the car is not a 2005 Dodge Charger as initially thought, but a 2002 Dodge Intrepid.

The car is appraised at $66,100, more than double the purchase price of $28,000.

The narrator still plans to cut up the car for the Superbird project despite its increased value.