Do you think there will be "Year One" for us?

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GeHonda
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Re: Do you think there will be "Year One" for us?

Post by GeHonda » Fri Feb 14, 2025 1:08 pm

Gents,

I'm, in a hobby form, running www.goldeneraparts.com. I've been in the Honda game since 2003 and owned nearly all of the common chassis, including 2 USDM ITR, and wanted to give back to the community while also filling a need for my own restorations.

It is just a hobby on the side, designing a few parts per year, and not my day job. I contribute very little time per week and have my sons help with packaging, etc. We ship about 10-15 packages a week.

I started with CRX, but just finished the first DC2 part (the rear glass molding). It sold out the first 25 early production samples pretty quick, so we have an order of 500 on the way and due back in late March. They are coming from an overseas vendor that is an OEM supplier for major brands globally.

Next on my DC2 list is the door glass run-channel and door weatherstripping, however they have some complexities in their tooling.

I've redesigned quite a few parts with 3D printers but the quality just isn't sufficient. I've contracted out molded plastic parts instead for the CRX and have a few other products underway there.

Just sharing some rough numbers here, generalizing. The capital outlay PER PART for rubber moldings is ~$20,000 USD.
For that cost, you cover tooling, engineering, and the first order of 500 pieces.

With our communities very low volume sales (usually 3 to 8 per month per part), that means inventory for that first order is 5 to 10 years.

You can toss this all into excel and see that the ROI is really not much better than dropping that same $20K into the S&P 500, and you take on the risk of them not selling and you have no liquidity.

I only do it for the passion and somewhat for the challenge personally.
There are some sweet spots when the part isn't overly complex where the numbers work out better.

I've actually been in discussion with Mita and they have some of the same sentiments. Some parts will make sense, but some will never be justifiable due to tooling costs.
1998 DC2 GSR, ITR clone project
1990 CRX Si
Previous owner of 98-0046, 98-0408

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coolhandluke
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Re: Do you think there will be "Year One" for us?

Post by coolhandluke » Tue Feb 18, 2025 1:52 pm

Klasse wrote: Fri Feb 14, 2025 12:05 pm Already mentioned in this thread, but Mita Motorsports seems to be heading in the right direction. Hopefully we can all support them!
It's great to see, especially with the Honda community really price gouging themselves. When parts hit Porsche parts pricing = :shock: . I'm naively pessimistic on Honda recognizing the value in a huge community and culture towards primarily (and painfully) paying for OEM Honda parts- but who knows, maybe Honda will come back to their community. Until then, I'm glad to see third parties step up.

GeHonda wrote: Fri Feb 14, 2025 1:08 pm Gents,

I'm, in a hobby form, running www.goldeneraparts.com. I've been in the Honda game since 2003 and owned nearly all of the common chassis, including 2 USDM ITR, and wanted to give back to the community while also filling a need for my own restorations.

It is just a hobby on the side, designing a few parts per year, and not my day job. I contribute very little time per week and have my sons help with packaging, etc. We ship about 10-15 packages a week.

I started with CRX, but just finished the first DC2 part (the rear glass molding). It sold out the first 25 early production samples pretty quick, so we have an order of 500 on the way and due back in late March. They are coming from an overseas vendor that is an OEM supplier for major brands globally.

Next on my DC2 list is the door glass run-channel and door weatherstripping, however they have some complexities in their tooling.

I've redesigned quite a few parts with 3D printers but the quality just isn't sufficient. I've contracted out molded plastic parts instead for the CRX and have a few other products underway there.

Just sharing some rough numbers here, generalizing. The capital outlay PER PART for rubber moldings is ~$20,000 USD.
For that cost, you cover tooling, engineering, and the first order of 500 pieces.

With our communities very low volume sales (usually 3 to 8 per month per part), that means inventory for that first order is 5 to 10 years.

You can toss this all into excel and see that the ROI is really not much better than dropping that same $20K into the S&P 500, and you take on the risk of them not selling and you have no liquidity.

I only do it for the passion and somewhat for the challenge personally.
There are some sweet spots when the part isn't overly complex where the numbers work out better.

I've actually been in discussion with Mita and they have some of the same sentiments. Some parts will make sense, but some will never be justifiable due to tooling costs.
Wow. Bravo to you for championing and driving this. This is a story I would like to highlight and tell more broadly, as it is very aligned historically with most Type R Club sponsors. Out of respect for these sponsors (who help fund Expo/this site etc.), let's chat when ready- and we can help market for you and solve community challenges like finding parts. :thumbup:
Type-R Expo
Current: 98-1040 Stolen 12/22/21
Previous: 98-0197, 01-0187, 98-0731, 97 #00171

Klasse
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Re: Do you think there will be "Year One" for us?

Post by Klasse » Tue Feb 18, 2025 2:36 pm

Somehow just stumbled onto this, might be useful for some:

https://rekuv.com/products/integra-vent ... 7932175528

Do we need a sticky with a directory of these small suppliers with useful parts?

This is related to the Replacement Parts Thread from a while back
'97 DB8 Integra Type R, '97 EK1 Civic LXi
ex: '94 CD6 Accord SiR, '92 EG9 Civic SiR, '89 DA6 Integra XSi

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g3teg97
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Re: Do you think there will be "Year One" for us?

Post by g3teg97 » Tue Feb 18, 2025 10:10 pm

Klasse wrote: Tue Feb 18, 2025 2:36 pm Somehow just stumbled onto this, might be useful for some:

https://rekuv.com/products/integra-vent ... 7932175528
I saw this today from Reddit.

Klasse wrote: Tue Feb 18, 2025 2:36 pm Do we need a sticky with a directory of these small suppliers with useful parts?

This is related to the Replacement Parts Thread from a while back
I think this would be a good idea.

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coolhandluke
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Re: Do you think there will be "Year One" for us?

Post by coolhandluke » Thu Feb 20, 2025 8:55 pm

Klasse wrote: Tue Feb 18, 2025 2:36 pm Somehow just stumbled onto this, might be useful for some:

https://rekuv.com/products/integra-vent ... 7932175528

Do we need a sticky with a directory of these small suppliers with useful parts?

This is related to the Replacement Parts Thread from a while back
I think this is a great idea. If you or someone else wants to create it I can mark the thread as a sticky.
Type-R Expo
Current: 98-1040 Stolen 12/22/21
Previous: 98-0197, 01-0187, 98-0731, 97 #00171

Klasse
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Joined: Tue Aug 15, 2017 2:11 am
Location: NZ

Re: Do you think there will be "Year One" for us?

Post by Klasse » Thu Feb 20, 2025 10:53 pm

I can do that when i get a sec, ill dredge through that older thread too and combine
'97 DB8 Integra Type R, '97 EK1 Civic LXi
ex: '94 CD6 Accord SiR, '92 EG9 Civic SiR, '89 DA6 Integra XSi

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