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I've got nine freekin' drivers in my garage right now. Yes, N-I-N-E. I've figured out that I'm insurance-poor and that my life may be simpler if I get rid of a few. One I'm contemplating selling is my silver/black '86 Z51. My other option is to just cancel the insurance & registration & push it off into a corner. I've got 6,000 Sq.' of garage so I could easily bury it out of the way. Right now, that car gets driven about two or three times a year, but sits with a Battery Tender on it & gets warmed up monthly. My thought process is that C4's are still at the bottom-dollar pricing of all Corvettes, and maybe if I sat on it another ten years I might be able to get more for it then.
So what would the CF C4 masses do in my situation?
Well in NJ, it's illegal to cancel the insurance if it's registered and it's illegal to not have your car registered if it resides in the state. Doesn't matter if it runs or not or if it's in a million pieces, it needs to be registered and insured. Check your local laws first.
You are correct, C4 prices are dropping and haven't hit bottom yet, what else is in your collection?
Don't keep anything that you don't drive. My wife's uncle has a pole barn full of neat cars that he does nothing with. They just sit there. Now he wants to sell them off... He sank $$$ into these cars at some point and never did much with them.
To each their own, but I can tell you that if it was me, I'd keep 1 or 2 favorites and sell the rest. Then drive them. Alot. Then sell them both and go on to your next conquest. Take pictures and keep a scrap book so that you can remember all the neat cars you had.
Pictures are a lot easier to store and they're just as much fun during inclement weather!
In Kansas you can just cancel all. The only stipulation is that things have to be inspected by the KHP before they can be re-registered.
And regarding the others, nothing great, but just a bunch of them: '37 Chev. Master Deluxe Coupe, '53 Chev. Coupe, '57 Nash Metropolitan Coupe, '67 Shelby Cobra (clone), '73 Corvette Coupe, '78 (Chevrolet chassis) Motorhome, '86 Corvette Z51 Coupe, '97 Chev. K2500 pickup, '99 Chev K1500 Suburban, 2005 Chev. Aveo. A couple of Honda dirt bikes & a few tractors & stuff like that. I'm probably forgetting something, but as you can see, nothing very exotic. I just made the mistake of building a huge garage. Thus, it filled up.
Don't keep anything that you don't drive. My wife's uncle has a pole barn full of neat cars that he does nothing with. They just sit there. Now he wants to sell them off... He sank $$$ into these cars at some point and never did much with them.
To each their own, but I can tell you that if it was me, I'd keep 1 or 2 favorites and sell the rest. Then drive them. Alot. Then sell them both and go on to your next conquest. Take pictures and keep a scrap book so that you can remember all the neat cars you had.
Pictures are a lot easier to store and they're just as much fun during inclement weather!