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Hugh R Hugh R is offline
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Join Date: May 2003
Location: southern California
Posts: 26,964
Sell or Keep another valuable car, advise needed

Ok, I'm posting here because the Aston Martin site is not good on this subject.

I have an Aston Martin DB4 which I've owned for 34 years. I bought it for very little, but what it was worth then ($1,750). I've restored it over the years, there isn't a point in time when it was completely fresh. But its in good shape. I make a pretty good living by U.S. standards, and an OK living by Los Angeles standards. Compared to many in Los Angeles, I don't have a big mortgage (about $200k with ten years left to go). But with a daughter in college and a son going to college in 1-1/2 years, every bit of discretionary money that I have is taken up. I need a new barbeque and can't stand the though of putting $500 or more on an ever increasing second mortgage. We live pretty frugally, but still don't have much money at the end of the month.

Anyway, the DB4 is worth some crazy amount like $120k to $150K. I hardly ever drive it (hot, uncomfortable, doesn't like LA traffic, parts are expensive, etc). So I'm debating with gas prices now if I should sell a member of my family. I could use the money for lots of things, credit card debt, pay of second on the house, restucco and double pane window the house, replaster the pool, flooring for the house. But in the end, the money would be gone and so would be the car. I'd probably keep the Targa, cause at least I can get parts for it and its drivable in LA. I just sort of hate the though of seeing another DB4 some day and thinking I USED to own one of those. Six or seven years from now I won't have college tuitions to worry about.

What would you do?




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Last edited by Hugh R; 04-24-2006 at 04:52 PM..
Old 04-24-2006, 03:48 PM
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