My turn to ramble a bit... This latest car in question , if my memory serves,
was for sale a few years ago for about $10,000. And it was for sale for
several months so not a speedy distressed sale. What increased its worth???
It has been spiffed up quite a bit. But, worth almost twice as much? Some of
you will remember me harping about a guy in my local car club complaining about
dust. A group of us had been playing the game where we would choose the
crappiest road when a choice of roads was required. Eventually this pattern
would lead to an impassable fork in the road. One of the Healey owners got his
feathers ruffled by dust getting on his undercarriage. Dust!!! Imagine
dust!!! These are just old cars that are enjoyed by some of us not great works
of art. Their worth... What a willing seller and willing buyer agree upon.
Almost $20,000 of my money --- no way!
Sent from my iPad
On Oct 25, 2013, at 6:44 PM, Steven Trovato <strovato@optonline.net> wrote:
> I think I'm in the minority on this. I do not sit around hoping values go
> up. I would be very happy if all kinds of exotic cars were selling for
> peanuts. I would have one of each. When values really soar, the cars become
> harder to keep. Parts prices get crazy. Insurance becomes more of an issue.
> And the temptation to make money pushes you to sell. Now you've made a
> great investment, you have taken a tidy profit, but you don't get to enjoy
> your car anymore. Sure, I understand that if you are planning on selling,
> higher market prices mean you'll do better. I get that. I plan on keeping
> my car forever. I know it may not work out that way. There are a thousand
> unforeseen circumstances that can change that tomorrow. But with a "keep it
> forever" mentality, I don't care that much about its worth.
>
> -Steve T.
>
>
> At 09:32 AM 10/25/2013, charles durning wrote:
>> I hope he gets it also. We need to keep the value of our cars on the rise.
>>
>> Charlie Durning
>>
>
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