How to Get Funded in the Recession: The Frugal Mechanic Story
xconomy.com
xconomy.com
I think the long-term trick for a company like this one is driving organic traffic. They'll need to create a good bit of quality content to start ranking in Google search results. Without it, they'll be forced to buy traffic.
And it shows. As a car enthusiast I can tell you that their site sucks. They don't get the hobby and it shows. They have no idea about the industry at all.
I'll give you an example. Lets say I own a 2004 STI(which is a pretty popular tuner car). And I want to buy myself some coilovers, well guess what...I can't! Because the only suspension product they have on that site for the car, is a set of cheap Eibach springs...which cost $20 bucks more than what you can pay on eBay.
There is and always will be sites for guys like you and me (and I'm happy you're building another), who want performance parts. This is for people who consider their car simply transportation.
And to me, I don't see the guys who use their cars as basic transportation, working on their own cars in the first place.
I'm an engineer. A car is just a tool, a tool for transportation. I don't neglect it, but I don't pay any more than absolutely necessary to keep it running. I work on my car myself because I am cheap and practical. I can't stand paying for things that I can do myself.
So I do only basic things. I draw the line at anything engine related. I have too much fear that I could screw something up. If I had old beater project car (like a VW bug), I might consider trying more difficult stuff.
Most things can be pretty much taken apart with a socket wrench.
Problems get harder to diagnose in the engine, though. I find the diagnosing the problem is where the skill is.
Also, as repairs become more complicated, I have discovered that the chances of needing to replace something that you don't have a spare for go up. It sucks to have to bike down to the auto parts store and retrieve 40 lbs of parts in my backpack.
Granted that mostly applies to japanese cars. You drive a BMW and to replace an engine will cost you 10 grand. While even the most rare JDM swaps will run you at most 5K.
For example, one guy I know never changes the oil on his daily driver civic. Why? Because he figured out that its cheaper for him to replace an engine every 80K miles, than it is to spend the money on an oil change.