Quote:
Originally Posted by Shaun 84 Targa
Who is spending $25K to $30K on an SC? Who is the buyer? How many of them are there? Are they happy with their purchase after the fact?
Puzzled how this works.
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Shaun.... I usually don't divulge secrets like this, out of fear of what it could mean for me. But since you are a nice guy, here is the answer.....
Anything I own is worth squat when I put it up for sale. This ensures, no matter how much I paid or how well I have maintained it, I will always lose money on a sale. Then, a matter of weeks or months after the sale, prices start to climb. Almost always, at a rate that is so fast that I will never again be able to own whatever it was.
I sold my 1967 Plymouth Barracuda, I got $700 for it. Not a show car by any means, but a rust and accident free daily driver. With a big block. A year or so later, the same condition car was bringing $10k at the swap meets.
About 8 years ago I sold a very restorable long-hood, along with a parts car (totaled), for $3500. I even consulted with some experts here before the sale, and all told me that the cost to restore one exceeded their value. Look at where they are now.
When I sold my SC in 2013, I lost $2000 in spite of throwing in a lot of spare items that I had collected during my ownership. That same car right now is way out of my budget.
So, the secret is that if I own something similar to what you own, just talk me into selling it.