RESTORATION, RACE PREP & REPAIR SERVICE 1. SHOP RATE – $85.00 per hour 2. SHOP HOURS – Monday-Friday 9:00am-5:30pm; Saturdays (April-November) 9:00am-1:00pm. All other times will be by appointment only. 3. ESTIMATES – We provide written estimates for all individual projects and repair work in addition to major repairs exceeding pre approved inter-event as detauiled following.
4. PRE-APPROVED DISCRETIONARY REPAIRS – Often, we will note something needed in the process of our diagnostic post-race work or substantial disassembly is needed to make the diagnosis. Most often, it is more efficient to fix the problem in this process without stopping, waiting for your OK and then proceeding. For those reasons, and to help us meet demanding race schedules, we ask you to pre-approve a dollar amount for us to invoke at our discretion under the terms and conditions described. This amount is applied to the entire vehicle and not individual items. It is an authorization to spend up to the cap to undertake work needed to prepare the vehicle for it’s next event. It includes the labor/parts/materials inherent in our diagnostic format and preparing our in house post race report. It helps us work efficiently; it saves you money, and we will not abuse your trust or the privilege. We will do only that which is necessary to correct wear/damage and make the vehicle safe and reliable for it’s next outing. Please sign and return the inter-race repair approval form enclosed along with your schedule. Pre-Approved Repair amounts: Small Sports racer and FF – $2000.00 Small bore production - $2200.00 • Large Bore Production (2L and over) $2800.00 Sports racing and Formula – $3200.00 GTP, Prototype, F-1 and 5000 – $4000.00
5. SERVICES Chassis repair & fabrication. Mig/tig/gas welding of all metals. Monocoque repair and fabrication in steel/alloy/alloy honeycomb/composites. Component repair/fabrication Body fabrication in alloy/steel/composite. Plating, powder coating, painting (licensed Glasurit refinishing facility). Engine building, flow bench development, dynamometer testing/ development. Chassis development/set-up/alignment. General maintenance and all automotive/race related services. Driver development and coaching Collector services, appraisal/valuation, acquisition search/location and assistance. Sales, brokerage consignments Parts stocked for Elva, Lotus, Triumph, BMW, Chevron, Porsche & other race cars.
6. RELEASES – Due to the nature of vintage racing, we require that customers sign releases for both Vintage Racing Services, Inc., and Automotive Restorations, Inc., as a condition of providing service. We cannot service, support or transport your vehicle without signed releases in our files.
STORAGE – It costs us a substantial sum to store inactive race cars. The actual cost of space is only part of the equation, as care and custody has several other costly components. This cost is not factored into our labor rates. To do so would unnecessarily punish customers who use their cars regularly. The only equitable solution is to cover these costs for each individual vehicle with credits for usage at events and time in the shop, as our rates for same do anticipate care and custody during the working period. Storage inactivity is only equitably viewed on an annual basis for obvious reasons. Storage charges assessed based on annual compilation as follows: Base rate: 220 per month (2640/year) Rate Credits (deduct from base rate): Event day ( each ) 50 Invoiced hour (each) 3.00 Partial Storage years invoiced on a pro-rata basis 50% storage deposit, Due at the start of each calendar year ($1320.00) for each car in VRS custody. Annual reconciliation in the final month of the year following the final event. Should any vehicle tabulation result in a surplus (IE the total of event days and hours worked exceeds the $2640.00 annual storage cost), the difference will be credited to your account or refunded if no balance exists. Should the final tally negate a portion of the deposit, the same principal applies. 8. SERVICE CHARGES, PAYMENT POLICIES AND SO FORTH Invoices are due and payable on receipt. We assess finance charges for late payment as defined on our invoices We accept payment by check, credit card (Visa, MC, AmEx), cash, wire transfer, and bank debit card. Ours is a specialty business with problems unique to its nature. We have a short letter on the subject aptly entitled “On Doing Business.”