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Hiding Engine Costs, and Checking Our Gen V Handicapping Card

[1]Engine builders are truly a flexible breed, especially when dealing with demanding customers. Over the years I’ve heard very entertaining stories about customers who want more than they can afford or more than the rules allow. Regardless of the intentions, it still comes down to money.

Often they just can’t make up their minds. Some customers want a change every time they read a  new car magazine or go to a car show. Again, it’s just a matter of how much money is spent before the engine is delivered.

[2]I also hear how creative some customers can be when paying for their engines. Customers have used barter many times, paying with older engines and race parts or providing special services. And when customers don’t show up at all to get their engines, that leads to a new online special or craigslist posting.

Back in the ‘80s there were plenty of anecdotes from marine-engine builders getting paid in bags of cash from customers based in Florida. Those were especially lucrative times when the Coast Guard started paying more for even bigger engines. But that market has somewhat given way to small diesels that power diminutive Columbian homemade submarines.

That’s our deal. Whatever I spend on my toys, she gets the same amount for shopping.
 — Engine customer

Cash is still king, and again, there are creative customers. One engine builder tells the story of a boat owner who ordered a pair of fully dressed supercharged bullets for his river runner. Total bill was about $80,000. The customer would drop by every week or so and pay a few thousand in cash during the buildups but always refusing a receipt. When both engines were finished, the unpaid tab was $6,500. The customer told the builder to deliver the engines to his garage and present a formal bill. At the delivery, the customer’s wife showed up to see what her husband had been talking about.

“Wow, those look really nice for just $6,500,” she said.

The customer then pulled out another $6,500 and gave it to his wife. She hugged and kissed him and went off on her way.

“That’s our deal. Whatever I spend on my toys, she gets the same amount for shopping,” explained the customer.

Hiding or disguising engine or custom-car costs from a spouse doesn’t always work. I once photographed a custom truck for a magazine cover, and for the story the owner bragged it was worth $25,000. But following the photo shoot, the owner finalized a messy divorce. Problem was, he told his ex the truck was worth only $8,000. He was back to court shortly after the magazine hit the newsstand.

So it’s not always a good idea to try and deceive a significant other or the tech official. But if you have any good stories about getting paid for building an engine, share them with us [3].

Handicapping the Gen V small-block technology

Back in October — about three weeks ahead of Chevy’s introduction [4] of the Gen V small-block — I handicapped the possible features and technologies [5] that engineers would implement on the new LT1 [6] engine. Now that GM has also released information on the truck versions [7] of the fifth-generation architecture, it’s time to see how my bets made out at the payout window.

So, 14 predictions with seven sure wins and only three outright losses.