Quote:
Originally Posted by 356Joe
angela thanks for the advice but the problem with selling it is that I would have some remorse. For the amount I paid for the car and the fact that I bought it from a close friend I would feel bad selling it for profit. Again JoeBob thanks for the tips. I have a box that has around 4 sets of hubcaps so thats not a problem. I don't plan to sell anything or really jump into anything until I get a good understanding of what I need and what needs to be done and like I said everything needs to be done right when its complete.
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first, don't sell it. make a plan for it. My 69S is a total basketcase, but being a 1-off car, I can never sell it even though it will take years before it's on the road again. I would sorely regret selling it, though I have seriously considered it on several occasions, and have buyers lined up, just could never get past the instant regret which would become lifelong regret.
if you do sell it, I suggest:
X = your purchase price
Y = selling price
You get 2X
Your friend gets Y-2X, which I'm guessing would be several multiples of X.