Case Studies On Parts Purchasing - NCRS Discussion Boards

Case Studies On Parts Purchasing

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  • Joe L.
    Beyond Control Poster
    • February 1, 1988
    • 43203

    Case Studies On Parts Purchasing

    Well, recently I've seen some more examples of rather "imprudent" parts purchases (on eBay, of course, but it could just as well happen anywhere). I thought that I'd present a few and the lessons that could be learned:

    1) GM #3796243----PUSH ROD, small block engine

    The above-referenced is the part number for the PRODUCTION pushrod originally used on most 1962 through 84 small blocks. It was available in SERVICE until June, 1984 when it was replaced by GM #14095256. The latter part is still available from GM and SERVICES all 1955 to 1995 small blocks. The 3796243 was a "one-piece" design (actually, it was not a one piece push rod, but was made up from 3 pieces; it LOOKED like 1 piece, though). The 14095256 is of the "welded ball" end design. From a functional perspective, the "welded ball" is a better design since the ball is perfectly round and operates with less friction in the rocker arm socket. Nevertheless, this design is not "correct" for 62-84 Corvette engines.

    Both of the above-referenced pushrods are case hardened on one end to make them compatible with push-rod guide plates. The end so-hardened is indicated by an approximately 1" wide blue dye stripe.

    Although the original style push-rod under GM #3796243 is no longer available since 1984, GM does offer another push rod which is virtually identical in configuration. I don't think that anyone could tell the difference. That pushrod is GM #14044874. It is available as a complete engine set (16) under GM #12495491. In addition to being virtually identical to the 3796243 (if that really matters to anyone), this push rod is functionally better than the 3796243. It is case hardened over its entire length, plus it's thicker wall and, consequently, much stronger (although OD is the same as 3796453).

    The above referenced push rod carries a GM list price of $4.81/each or $43.24 for the set. It is quite easy to find a GM parts source that will sell at 25% off list, so make these prices 3.61 and 32.43. Also, aftermarket pushrods which are identical to the old 3796453 are easily available which are far superior to the old GM part in just about every way. Around 100 bucks for a set.

    Of course, neither the GM #14044874 or aftermarket have the blue stripe. But, if that's important to you, you can add it with a blue felt marker pen. NO ONE will know the difference.

    So, why would someone pay $432 for a set of 16 of GM #3796243? Truly a mystery, but someone did (see eBay #2411326851, if you don't believe me). Our boy "13pack" bid $427, but got "aced out" by another bidder.

    2) GM #3927142----VALVE SPRING, small block

    The above-referenced valve spring is a SERVICE-only item never used on a PRODUCTION engine. It was primarily designed for use with camshaft GM #3927140 which was a SERVICE-only mechanical camshaft released in 1968 for Z-28 and other small block off-road racing. The camshaft was discontinued years ago, but the 3927142 springs remain available from GM. Current list price is $3.73/each. Given the easy-to-get 25% discount, make this $2.80/each or $44.80 for an engine set.

    So, why would someone pay $150 for a set of these springs which are still available from GM? It's a mystery, but someone did (our boy "13pack"). See eBay item #2412997178. In fact, there were only 2 bids---both from "13pack". He, apparently, placed an initial bid of the opening price of $150, then later placed another "protective bid" to make sure that he didn't get "aced out" by someone else.

    3) GM #3849818----VALVE, engine exhaust

    The above-referenced part number is the part number for the PRODUCTION and SERVICE 1.60" exhaust valves used for SHP small blocks from 1964 through 1980. It is still available from GM for $22.63/each or $181.04 for a set. Of course, once again, a 25%+ discount is easy to get. So, it would be easy to purchase these for about $135 for the set.

    So, why would someone pay $140 for the set for these parts which are still available from GM (see eBay #2412999093)? It's a mystery, but someone did (our boy "13 pack"). Same thing, too. He placed an opening bid of, at least, the $140 opening price, then came back later and placed a "protective bid" to keep from being "aced out". It was his good luck that no one else came along and drove the price up or he would have paid, I'll bet, a lot more.

    4) GM #3849814----VALVE, engine intake

    The above-referenced valve is the PRODUCTION and SERVICE swirl-polished, 2.02" intake valve used for 64-80 SHP small blocks. It is still available from GM for a current list price of $19.27/each or $154.16 for the set. Once again, with 25% off, make this $115.62 for an engine set. So, why would anyone pay $140 for these parts which are still available from GM? It's a mystery, but someone did just that (our boy "13pack"). See eBay #2413000721. Same "protective bid" to ensure he didn't get "aced out" for these extremely rare and valuable parts (which are still available from GM). Good thing that one of those guys that P.T. Barnum used to talk about didn't come along and drive the price up. Or, maybe even a savvy bidder out to have some fun.......
    In Appreciation of John Hinckley
  • Dave S.
    Extremely Frequent Poster
    • August 31, 1992
    • 2924

    #2
    Re: Case Studies On Parts Purchasing/Truly amazing

    Joe,

    As previously discussed this whole ebay thing is just amazing. How many 13pack's are out there??? I hope not to many. "Real" Original and NOS parts are one thing, as they are scarce and command supply and demand prices, but when some one bids crazy amounts for over the counter items we are all in for real trouble. Just as bad is 13pack bidding $430 for a used Delco ignition coil one can find in a bone yard that is for a passenger car and not even a Corvette. I hope the Carlisle, Hershey, Pamona swap meets survive over time.

    Comment

    • Jim T.
      Expired
      • March 1, 1993
      • 5351

      #3
      Re: Case Studies On Parts Purchasing/Truly amazing

      Joe I appreciate the information you put into your posts about parts. Thanks

      Comment

      • Craig S.
        Extremely Frequent Poster
        • June 30, 1997
        • 2471

        #4
        Re: Case Studies On Parts Purchasing

        Joe - I know you never sell parts, and your record is pure, but hey, 13pack could probably making you a multi-millionaire in a matter of weeks The thing that kills me is when I see the current GM parts packaging of the last year or two with all kinds of "rare NOS" words around it. A few of the sellers with cover up the part numbers so you can't easily look them up to find the real story, but invariably this stuff sells for full list plus. By the way, thx for the quick help on the NOS GM Corvette power steering cylinder a week ago, I was able to get that one for the $100, best price I could find on flow Chevy or Scoggin Dickey was aroung $140+ shipped, and this guy only charged me $3.50 for UPS from the east coast to Tucson (was his 48 state shipping price). So that was one of my better Ebay deals...Craig

        Comment

        • Larry S.
          Very Frequent User
          • August 31, 2000
          • 356

          #5
          Re: Case Studies On Parts Purchasing

          A prospective from an ebay buyer

          I can not comment on 13pack and the parts he is purchasing,But I can comment on my ebay purchase's.I have found and purchased several parts for my car that I could not find else where,I have had online wanted adds at other forums,local bylines,In fact at one of my online advertizements (that I still have to cancel)The only replies I have gotton was from other buyer staing that if I find mine or another contact them they need one also.In my area the only wrecking yards with 60,S to 70,S cars is a 2 hour drive from me so some of the stuff I cant find else where.And it makes sence to me to pay alittle extra thru ebay then to spend 1/2 a day just in travel time to hope to find the part I am looking for in a wrecking yard,Or to spend 2 days at carlilse picking thru all the stuff to come up empty handed,or for you eastern folks to pick thru fall english town.

          I agree with Joe and the others whole heartley on all the recent activitey on ebay.As you guys see from my previous questions on part numbers over the last 3 years or so I gather my information on parts I need well before I go bidding or shopping for them.

          As Always thanks
          Larry Savino

          Comment

          • Ed Jennings

            #6
            But, there ARE deals on eBay

            You just have to know what you're buying. Last summer I purchased a NORS radiator for my 62, in the GM box, for $400. A couple of months ago there was an identical radiator offered in Driveline for $2000. I understand the going price of these units is around the $12-1500 mark. Obviously, in this case it was the seller rather than the buyer who was under-informed.

            For those of us who do not have large swap meets nearby, eBay gives us a chance to find parts that might otherwise be out of reach.

            Can't for the life of me understand why someone would buy internal engine parts that are available at any parts store at that kind of price. Can't help but wonder if this guy is a legitimate bidder or possible a "phantom" used by a seller to try to raise prices. eBay is highly susceptable to "shill bidding".

            Comment

            • Joe L.
              Beyond Control Poster
              • February 1, 1988
              • 43203

              #7
              Re: But, there ARE deals on eBay

              Ed and Larry------

              You may be misinterpreting my intentions. I am not trying to imply that eBay is a bad place to purchase parts. I purchase them there on a lot of occasions. Strangely enough, a lot of the really good deals go begging. A few weeks ago, I saw an NOS Corvette idler arm listed. The piece was mis-identified, though. It wasn't a Corvette idler arm, at all. It looked very similar to an original Corvette idler arm, but it wasn't. I believe that it was actually for some Chevrolet/GMC truck application. I couldn't ID it, though, since the forging number on the shaft is not the part number for the piece. I didn't try too hard, though, since I knew it wasn't for a Corvette. I really think that the seller believed that it was a Corvette piece and was not trying to put anything over.

              I bought it for about 90 bucks and I was glad to get it. Why? Well, it seems that there were 2 other pieces that the seller was going to "throw in" with the deal. Now, those 2 pieces WERE Corvette pieces. They were 2 GM #3826596 tie rod ends! These left-hand thread pieces are VERY difficult to find and I was glad to pay 90 bucks to get them [NONE FOR SALE]. Obviously, I could care less about the idler arm.

              So, eBay is not necessarily a bad place to purchase parts. It's a bad place to purchase parts if you don't know what you're doing and if you do not know the value of the parts before you start flinging away with bids. But, as I mentioned in my previous post, this could happen anywhere, not just eBay. In the vast majority of the cases that I've seen, it's absolutely NOT the seller's fault. The seller's usually describe the piece accurately and, failing that, there is usually the picture for reference. The seller may have too high of a starting price or too high of a reserve. But, it's the BUYERS that create most of the foolishness. If someone is willing to pay a ridiculous price for a part, that's not the seller's fault. That's how the free market system works.
              In Appreciation of John Hinckley

              Comment

              • Dave S.
                Extremely Frequent Poster
                • August 31, 1992
                • 2924

                #8
                Re: But, there ARE deals on eBay

                Joe,

                You are absolutely correct. On the downside there are all to many sellers who list items and are wrong in their descriptions or worse yet leave out words to "lure" the potential buyer in. They don't take the time to properly represent the item for sale. This type of thing draws in the novice buyer (who may even get a relative bargain) and when the buyer shows up on the judging field some year or two later they get quite a surprise. At that point what they paid for the item is irrelavent. I find ebay to be an excellent way to acquire items as well, but I think the total ebay package presents some real challenges in the hobby.

                Comment

                • Dennis C.
                  NCRS Past Judging Chairman
                  • January 1, 1984
                  • 2409

                  #9
                  Re: Case Studies On Parts Purchasing

                  Joe - Thanks for your study and insight. Makes my NCRS dues again seem like a real bargin. What's kind'a interesting - what you point out would save a member, let's say, a couple hundred or more on parts. If you are out there looking for a car, add way too many zeros to that figure.

                  Comment

                  • John M.
                    Expired
                    • January 1, 1999
                    • 1553

                    #10
                    Re: But, there ARE deals on eBay

                    Joe,
                    You have hit the nail right on the head! The truly informed buyer can get some outstanding buys, while the marginally informed buyer stands a good chance of getting taken to the cleaners! I also, look for listings outside of the Corvette description and quite often find some real buys. Bought a whole box of parts a while back for less than $10 that had over $400 dollars in value worth of parts in it including a mint Fuller Emerson gas Cap that I have been looking for for over 2 years. It is a lot of work, but if you are patient and are willing to invest the effort, you can find some real gems. There are those who will allways pay too much for parts because they are either ill-informed or money does not mean that much to them and they just want the part no matter what!

                    Regards, John McGraw

                    Comment

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