I have expensive cars and I have what I consider less expensive cars... The
sprites are always going to be my favorite... especially the MKIV Box
sprites... neat car and dollar for dollar the best on the street...
Keith Turk BN2, BJ8, AN5,AN9, Bonneville LSR Camero..
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> From: Frank Clarici <spritenut@Exit109.com>
> To: Danny Rendleman <dannyr@flint.umich.edu>
> Cc: spridgets@autox.team.net
> Subject: Re: Values of our cars
> Date: Friday, October 16, 1998 9:21 PM
>
> Danny Rendleman wrote:
> >
> > This might or not be an interesting thread: How is the value of our
> > cars decided? By an appraisal? By how much we have in them? By how
> > much they mean to us? This week I had my 74 appraised for insurance
> > and was told my $2450 vehicle was worth $4500. Which is close to
> > what I have in it after a front end job. But would I sell it for
> > that? What would you sell yours for? And why? Obviously, DIY is
> > hard to put a value on, as is love. But...
>
>
> AHHHH, good question!
> Having recently sold 2 LBCs, I can say that you do not get what you put
> into them.
> I had around $7,000 into the Mini, it sold for $2,000 after asking
> $5,000 for over a year. I took a $5,000 lose. But I it was the second
> most happy day in Mini ownership that I ever had, the first being the
> day I brought the thing home.
> I also recently sold a Bugeye, I over restored it, I know this because I
> put what I thought was the best of everything in it. Being over restored
> I was affraid to use it therefore I sold it for about what I spent
> restoring it. The price was basically parts. Labor, 7 years worth, was
> not included. So all I lost was my own time but I did learn a valuable
> lession.
> On the other hand I have made money on our low end LBCs. I pick up dead
> Spridgets for $200 or less, get them running and resell them for up to
> $1500 depending on their condition.
> I am not getting rich at this, in fact I'm positive the loses out weigh
> the profits many times but I am having a good time doing it.
>
> Another example in my garage is my 59 Austin A40 Farina, one of only 12
> (so I'm told) that have been imported to the US. Some one asked me what
> I would sell it for, I thought a minute and said $10,000! Then I asked
> that person if he would pay that for it, his answer, "are you nuts?"
> I'll give you $2500 tops for it. I told him that's why it is NOT for
> sale!
>
> The true value of our cars is in the "fun per mile driven factor"
> What other car made today can turn as many heads, feel the road the way
> ours do, sound the same as ours, leak when it rains, drip oil all over
> the place, and keep us worrying about every strange noise we hear?
> Certainly not some beige jellybean!
>
> The only way we will get big bucks for our LBCs is if some drug dealer
> sees it, happens to have a suitcase full of cash with him, and stops you
> on the street and offers you 20K + for your pride and joy. If this
> happens, take the money and run. FAST!
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