"I'm Never Going To Sell It."... "I Understand, But Are You Ever Going To Drive It ?"
#21
Safety Car
Also the offer to help someone to work on their waylaid car is nice (as in being a way better person than I am ) -------but in my opinion that's just rewarding them for for some pretty obstinate behavior.
Last edited by 426 Hemi; 01-21-2019 at 12:34 PM.
#22
Melting Slicks
Quotes from corvetted,
"I agree w/what has been said above, but also add that for some people, they see it (the car) as it 'was', not as it is (not the way you or I or anyone else who isn't attached to it emotionally)."
This statement made me think on how to value my cars if I wished to sell them.
I know how much it was worth when I finished 'restoring" it. Say a solid #3 @ $50,000.
I has depreciated over the last several years, and appreciated also, so the above price is irrelevant.
The buyer will always want to put in a few thousand to bring it up to his standards so the selling price must reflect this and the new value after the repairs.
So the selling price must be low enough so that the buyer will have an incentive to buy your car, rather than buying one in #3 condition.
So, if I have $35,000 invested in the car plus my labor, ( which was actually pleasure time spent) I should price it a few thousand under the value of a low #3 even if it is less than $35,000, and be happy for all the pleasure that it has brought me.
Now if I can swallow that lesson, I may start selling.
"I agree w/what has been said above, but also add that for some people, they see it (the car) as it 'was', not as it is (not the way you or I or anyone else who isn't attached to it emotionally)."
This statement made me think on how to value my cars if I wished to sell them.
I know how much it was worth when I finished 'restoring" it. Say a solid #3 @ $50,000.
I has depreciated over the last several years, and appreciated also, so the above price is irrelevant.
The buyer will always want to put in a few thousand to bring it up to his standards so the selling price must reflect this and the new value after the repairs.
So the selling price must be low enough so that the buyer will have an incentive to buy your car, rather than buying one in #3 condition.
So, if I have $35,000 invested in the car plus my labor, ( which was actually pleasure time spent) I should price it a few thousand under the value of a low #3 even if it is less than $35,000, and be happy for all the pleasure that it has brought me.
Now if I can swallow that lesson, I may start selling.
#23
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They like the attention their delapataded jelopy brings. Same with junk airplane owners. As long as they have their “car” or their “plane” they can sit at the bar or the break room and talk big. The other is ones inability to accept their own mortality and it keeps their “someday” dream alive. Each to their own.
#24
Le Mans Master
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My case with this friend's 1969 one owner Z/28 is not the typical case. I have known about this a long time, he has only brought it up in conversation a few times so he's not one of those type that likes to "brag about what he has" while never doing anything about it, he's actually sort of embarrassed that he hasn't done anything with it.
I am currently in no position to buy this car (this conversation of ours took place quite a few years back) so there's none of the waiting around for something to happen.
I think that this might be more of a case of once it's running and driving that it may lead to a larger restoration or simply upkeep and maintenance that he's not dealing with currently and may not want to have that become part of his life. This is all speculation on my part, he knows what he has (he ordered it new), he rarely talks about it and the fact that it's not out there being driven seems to bother me more than it bothers him. Now I'm starting to think that there's something wrong with me !
I do enjoy the success stories that you guys have posted, it's always refreshing to see a '57 Nomad out there being driven instead of making it more difficult to change a light bulb in the garage.
Ray
I am currently in no position to buy this car (this conversation of ours took place quite a few years back) so there's none of the waiting around for something to happen.
I think that this might be more of a case of once it's running and driving that it may lead to a larger restoration or simply upkeep and maintenance that he's not dealing with currently and may not want to have that become part of his life. This is all speculation on my part, he knows what he has (he ordered it new), he rarely talks about it and the fact that it's not out there being driven seems to bother me more than it bothers him. Now I'm starting to think that there's something wrong with me !
I do enjoy the success stories that you guys have posted, it's always refreshing to see a '57 Nomad out there being driven instead of making it more difficult to change a light bulb in the garage.
Ray
#25
Le Mans Master
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In a less-than-humanitarian view of some owners of "project cars", there are those that just "get off" on people being envious of their mistreated "treasure" and its the only attention they'll ever get. These owners have no desire to restore the car or sell it (no skills, no interest or can't afford it), but take a perverse joy every time some giddy potential buyer stops buy to inquire about purchasing it and they can string them along or shut them down cold.
These types would rather have a deteriorating classic car on their property that people are desirous of than cash in their hand but then they will no longer own something other people want.
I've seen it over and over...
These types would rather have a deteriorating classic car on their property that people are desirous of than cash in their hand but then they will no longer own something other people want.
I've seen it over and over...
#26
Drifting
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I build cars all day for people that tore them apart years ago, so some do get built/restored, but I'm just as guilty, have a 70 elcamino I drove to high school, the 78 trans am I gave my girlfriend/now wife in 86, and a 27 model T that my dad disassembled in 1959 just sitting and sitting,
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2tired (01-21-2019)
#27
Le Mans Master
I build cars all day for people that tore them apart years ago, so some do get built/restored, but I'm just as guilty, have a 70 elcamino I drove to high school, the 78 trans am I gave my girlfriend/now wife in 86, and a 27 model T that my dad disassembled in 1959 just sitting and sitting,
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2tired (01-21-2019)
#28
Team Owner
There is a difference between when a project languishes because "life" or work get in the way versus somebody with oceans of time on their hands that just sit around and watch their prized possession deteriorate because they don't want to let it go and deep down know they'll never restore it...
#29
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There is a difference between when a project languishes because "life" or work get in the way versus somebody with oceans of time on their hands that just sit around and watch their prized possession deteriorate because they don't want to let it go and deep down know they'll never restore it...
#30
Le Mans Master
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St. Jude Donor '20-'21-'22-'23-'24
Down at the storage facility where we used to keep our motorhome, there was a 442 parked across from us in the tall grass along a fence. The car had sunk into the ground and the frame was resting on the ground. The car appeared to be intact and had boxes of parts inside but I’m sure the frame was toast.
So here’s a case of a guy who has not only let his car rot away, he’s paying money every month to let that happen. And he doesn’t even have it on his property to “admire”.
But, I guess he can brag to his friends that he has a classic Oldsmobile 442 and that makes him happy.
Steve
So here’s a case of a guy who has not only let his car rot away, he’s paying money every month to let that happen. And he doesn’t even have it on his property to “admire”.
But, I guess he can brag to his friends that he has a classic Oldsmobile 442 and that makes him happy.
Steve
#31
Le Mans Master
My brothers best friend had a 65 big block roadster that he bought in 1968. He parked it in his garage over 25 years ago with only 29K miles. I was after that car for many years but he said he would never sell it. I bought it from his widow.
#32
Le Mans Master
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St. Jude Donor '20-'21-'22-'23-'24
Steve
#33
Le Mans Master
He actually got to enjoy the car for several years but he was more of a "Harley" guy. In fact, he had an old pan head Harley that he loved and when he died, they removed the tank and put his ashes in it and that was what was buried. The bike went to his nephew who bought a new tank for it. It was very emotional for the widow when I bought the car as it was what he was driving when they started dating in 1969. When I tore the car apart, I found the birth notice, with the hospital picture, for their only child under a seat. Of course, I sent it with a card to the widow. Now the car is almost restored, I plan on swinging by her house and showing her the finished product.
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webfiero (01-22-2019)
#34
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[QUOTE=midyear;1598730994]I build cars all day for people that tore them apart years ago, so some do get built/restored, but I'm just as guilty, have a 70 elcamino I drove to high school, the 78 trans am I gave my girlfriend/now wife in 86, and a 27 model T that my dad disassembled in 1959 just sitting and sitting,[/QUOTE
I understand completely. I own a restoration shop and am guilty of not completing my own car. I guess I take the pressure and responsibilities of restoring cars for paying customers too seriously!
My unfinished car is a '67 GTO that I drove during high school. I it took off the road a few years later, in 1978. Numbers matching but tired, so I parked it. In the years since I bought quite a bit of NOS and new parts to complete it. Too bad that we can't buy time.
#35
Le Mans Master
He actually got to enjoy the car for several years but he was more of a "Harley" guy. In fact, he had an old pan head Harley that he loved and when he died, they removed the tank and put his ashes in it and that was what was buried. The bike went to his nephew who bought a new tank for it. It was very emotional for the widow when I bought the car as it was what he was driving when they started dating in 1969. When I tore the car apart, I found the birth notice, with the hospital picture, for their only child under a seat. Of course, I sent it with a card to the widow. Now the car is almost restored, I plan on swinging by her house and showing her the finished product.
#36
Four cars double stacked … hibernating for past twenty years under three layers of covers; … garage door last opened two years ago
#37
Team Owner
I share many of the same thoughts here, but -- at the end of the day; its the owner's car. They may have inherited it, slaved away at a sucky job for years to buy it, or just used it as a daily driver back in the day and now it just sits. Maybe they just can't stand to let it go or get some sort of pleasure out of owning it and having others lust after it. I don't know...
But - it's THEIR property, and I might inquire about it 2-3 times but then drop it. I won't ingratiate myself to the owner by offering to do yard work or paint their house in hopes of getting it, nor will I ghoulishly hang about waiting for them, or a family member, to be feeble enough, or die, to get a shot at buying it....
That to me is just as perverse as an owner that won't let it go...
But - it's THEIR property, and I might inquire about it 2-3 times but then drop it. I won't ingratiate myself to the owner by offering to do yard work or paint their house in hopes of getting it, nor will I ghoulishly hang about waiting for them, or a family member, to be feeble enough, or die, to get a shot at buying it....
That to me is just as perverse as an owner that won't let it go...
Last edited by Frankie the Fink; 01-22-2019 at 09:02 AM.
#38
Le Mans Master
I know a guy that has owned a rare1953 Buick Skylark convertible for over forty years , never drives it but just leaves it sit in storage . People have offered to buy it but he won't sell . About twenty years ago he asked me to go from Pa. to Maryland to buy a dual wheel 53 Ford truck because he wanted to make a tow truck out of it because he remembered one that his dad owned when he was a kid . We hauled it back to Pa straight into an outdoor ( PAID )storage facility and it has sat there ever since. A couple months ago he and his wife sold their home and moved into a condo for the elderly . The vehicles will sit in storage until he dies and his sons will sell them because they have no interest . You can see it is all about the dream for these people not living the dream like some of us .
#39
Le Mans Master
Here is one that used to belong to a customer of mine when I was in the restoration business . I worked on this car for several years as he got some money. A 1969 Camaro convertible with a factory 4 speed and console with built in gauges . He lost interest before it was done and bought a corvette . It sat for many years in his garage and I asked about buying it but he always refused . Then one day he needed money for something else and said yes . He didn't value the car as high because he said it was not numbers matching because he couldn't find the VIN on the block so sold it to me as NOM . While I was restoring the car I read some where that some of the cars did not have the serial numbers on the pad but was put on the oil filter boss . Sure enough when I looked there the VIN was correct for the car
. So this was a lucky find for me but he was not happy . But bottom line , if he would have known that this car was a match he would have never sold it even though it would still be sitting in his garage needing finished .
. So this was a lucky find for me but he was not happy . But bottom line , if he would have known that this car was a match he would have never sold it even though it would still be sitting in his garage needing finished .
#40
Drifting
I have a 1916 Indian Powerplus sitting in my basement, been sitting in boxes since 1994. I'm probably never going to get to assembling it, but it's going nowhere. An acquaintance works at Motorcyclepedia Museum near me and has unfortunately told countless people about what I have. They contact me all the time to try to get me to sell it to them. A few have even come to my house uninvited to inquire about it. Many of them get very angry at me when I tell them that I have zero intentions to assemble it, nor to sell it. The bike, as is, has meaning to me. My kids understand and will do whatever they want with it once I'm gone, most likely assemble it and put it on display in one of their homes. But until that day comes, it's going nowhere.
I have no idea why people think that they have a right to demand that I do what THEY want me to do with my possession. I think they all need some kind of psychiatric help.
I have no idea why people think that they have a right to demand that I do what THEY want me to do with my possession. I think they all need some kind of psychiatric help.