Project image
)}
£17,047
pledged of £75,000pledged of £75,000 goal
452
backers
Funding Unsuccessful
The project's funding goal was not reached on Fri, October 2 2015 9:05 PM UTC +00:00
Ed FrancisBy Ed Francis
First created
Ed FrancisBy Ed Francis
First created
£17,047
pledged of £75,000pledged of £75,000 goal
452
backers
Funding Unsuccessful
The project's funding goal was not reached on Fri, October 2 2015 9:05 PM UTC +00:00

How is the money distributed.

Posted by Ed Francis (Creator)
5 likes

When working on a vehicle like this we have to look primarily at approximate costs. A new RR engine for example can cost between 7.5 to 11 thousand pounds, some are even cheaper, but what is its past, will it last, where did it come from etc. if we are to replace it, then it must be with a reliable one from a good source. 

 A new or good TN12 or similar gearbox again can vary in price, from as little as 800 pounds to 2k plus. 

 Sandblasting is very expensive normally about £40 per hour basic, then an extra £30 per wheel then the hull and hatches, as well as the sand will quickly clock up 10k for a full tank and parts, again this can be saved by volunteers with needle guns.

 Remaking the barrel, 3D print, wooden with 3d bits or metal cast, this will be one of the most expensive bits and quotes vary hugely from 3k to 15k, it would be a case of finding the best deal. Then there are the surplus costs, welders require gas, oil changes, new parts ordered if found to be beyond repair, new sheet steel, fuses and wiring. Thse all add up. Finally the logistic cost, it’s going to be hauled by a good old Scammel, the fuel alone it drinks is high, as is the ferry cost if they chage full price and the insurance for the old girl yet alone any expected issues. 

This is the reason we set £75k as the target, its to make sure everything is covered, any extra funds or leftovers will go towards any other vehicle restoration project currently in place so somebody else can also benefit as well as make sure the vehicle can travel to other shows or charitable events

Erik Arteus, Mark Persad, and 3 more people like this update.

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