Mon Sep 08, 2014 1:45 pm by taoistlumberjak
I also figure in the production units times about $70 (for my cars, built in the USA). I figured that's about a decent approximation. Thus, a car with material costs of $7000 and 120 hours for production would end up costing $15,400. I'm not sure what exact profit margins are (they change depending on the car size and prestige, etc), but I usually go with around a 10% profit as a general idea. Thus, about a $17,000 MSRP.
Considering this was for a car I made that was going to be the competitor to the mid-level trim Ford Fiesta, I like my little formula. A supercar I built to compete with the McLaren 12C and Ferrari 458 was comparable both in price and in performance when I applied the formula.