# The Official NYSpeed.com $1003 performance build off

**URL:** https://forums.speedlife.net/t/the-official-nyspeed-com-1003-performance-build-off/19442
**Category:** NYSpeed Automotive
**Created:** [October 30, 2006, 9:23am UTC](https://forums.speedlife.net/t/the-official-nyspeed-com-1003-performance-build-off/19442 "2006-10-30T09:23:30Z")
**Posts on this page:** 1
**Showing post:** 91

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### Author: ![MikeRi24](https://avatars.discourse-cdn.com/v4/letter/m/57b2e6/32.png) [@MikeRi24](https://forums.speedlife.net/u/MikeRi24)
#### Post date: [October 31, 2006, 4:24pm UTC](https://forums.speedlife.net/t/the-official-nyspeed-com-1003-performance-build-off/19442/91 "2006-10-31T16:24:32Z")

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> [@redrum](#):
>
> in theory it could be fun, but many aspects of it could prove difficult:
> 
> who is going to put it on their insurance and register it? is this included in the cost, or are they going to be off-road track only cars and need to be trailered?
> 
> it could be impossible to accurately monitor everyones spending. just about anyone will write a bill of sale for whatever you ask for, especially if its a cheap shitter car.

well, heres how we had it figured out for our 'group":

we put it on whoevers insurance is already the lowest, and we only put liability on it, and when you buy the car, you have to, along with you recipt, submit the original add where you found it. if the add states that the car is $900 and you show a recipt for $300, then something in up with that. BUT, if you and add for $900 and the recipt says $700 then i think thats perfectly reaosnable. we’d also have to use the honor system here as well.

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