I finally got curious enough to rough out what I actually have into Black Jack.
This is not a receipt-level audit, because that would be almost impossible at this point. Too many parts came from trades, spares, Marketplace deals, stuff I bought and resold, stuff moved between cars, and things I had sitting around. I had ChatGPT help me work through this thread and rough out the big pieces, while trying to back out the obvious offsets and sold parts.
A couple of rules I used:
- I did not count the T56 itself because I already had it.
- I did not count normal maintenance stuff like oil, gas, track entries, etc.
- I did not count accident/deer-strike replacement parts as “build cost.”
- I did not count general tools or spare parts that are not really dedicated to this car.
- I did try to back out the major stuff I sold, traded, or moved elsewhere.
The funny part is that the car started pretty cheaply the second time around. I bought it back for $3,800, sold off the T5/aluminum driveshaft/shifter/bellhousing stuff for $1,200, and later had the rear-end bump insurance claim that offset a surprising amount of the basis in the car after I fixed it.
So after all that, my best guess is that Black Jack is somewhere around a low-to-mid $20k car in actual net money tied up in it, excluding the T56, which was a spare. If I look at it more like “what would this stuff cost to replicate,” especially counting the Konis and all the little systems, it’s probably more like mid-to-upper $20k.
That sounds like a lot until I remember what is actually on the car now:
T56 swap, 5-lug/Cobra brakes, 93 Cobra booster/MC setup, Koni DAs, MM plates, Team Z uppers, reinforced torque boxes, Stifflers loop, 31-spline welded up rear with Truetrac/3.73s, GT40X/GT40 tubular combo, QuarterHorse, ZEX kit, MSD 6+, Mark VIII/DCC fan setup, better seats, Bullitts/CrossClimates, RE-71RS on Cobra Rs autocross setup, and the 25th Anniversary replica wheel setup with Michelin PS4S fronts and Nitto drag radials out back.
And that still leaves out the stupid number of small repair/upgrade items that add up over time. After it became my primary daily, my autocrosser, my test-n-tune car, the intent to keep it frugal went out the window, but the juice has been worth the squeeze, so far. And... when I think about what most spend on their daily driver, the average new car being over $50k, I don't feel bad at all. I'd say it's better to buy than build, but again, how often does a fuel injected, T56, 5 lugged, Cobra Braked car with A/C, heat, power steering and a comfy street suspension come up? Then, I'd still probably do a lot of the small things.
It also reminded me how much the car has changed character. When I bought it back, it was basically a cheap, rough, fun Fox with some good bones. At this point it’s become exactly what I wanted it to be: a car I can drive, beat on, autocross, take to the track, park, get dinged without having a nervous breakdown, and keep improving without treating it like a show car.
The other lesson is that “what you spent” and “what it’s worth” are two totally different things. I still don’t think Black Jack is some high-dollar car. It’s not worth anywhere near what it would cost to duplicate. Feels like maybe $15k if I'm lucky. But for what I actually have in it, especially after all the offsets and parts I already owned, I’m pretty happy with where I am with it, today.
Ps. I think I lied on staying away from disassembling to look for vibration causes. Hope to get into it again next weekend. The vibration seems to be from the backend, like maybe a pilot bearing. Would race as is, but if I can repair before it gets worse, I prolly should. Still planning on starting the other motor build.