Ok so today I've been told that in order to end my financial struggles, I should sell one of my 2 cars. The person in question could not understand how it is possible to keep 2 cars and I should be grateful for the good advice 😂

Personally I find keeping a car cheaper than keeping some pets, and the 2 old bangers I drive put a smile on my face when everything else fails!

Just venting. 

I don't know the situation you are in but people have tried to persuade me to sell my '95 MX-5 a few times for various reasons (kids / not used etc.) But no one has succeeded yet and they won't.

A remapped diesel to fly about the country (to work that is 😂) 

And an old track car. Both stunning when washed. Good condition. Fast. Loved. Both needed 😂😂

 

Sadly this is my current dilemma. Got a Ford Capri with a 2.9 Cosworth conversion, it was/is my first car and I've had it since 2007!

But, sadly, I've not had any time to use it, and the council garage it is in is NOT water-tight. With it having been restored 3 years ago I can't bare to see it all go to waste rotting in a damp garage, so it's going to have to go I dont want to, but it would kill 2 birds in one stone, if not 3. Whilst I'm 'detached' from the car a bit more emotionally as I haven't driven it during lockdown I think its best it goes quick. So if anyone wants a 220bhp Capri valued at over £20k on the insurance......its up for £16.5k (oh, and thats car no.3! Also have a caddy van and a mk2 MX-5, which will also be going this year)

Edited 3 June, 20215 yr by robt100

I'd say sell the Clio before it rusts to death!  

9 hours ago, robt100 said:

Sadly this is my current dilemma. Got a Ford Capri with a 2.9 Cosworth conversion, it was/is my first car and I've had it since 2007!

But, sadly, I've not had any time to use it, and the council garage it is in is NOT water-tight. With it having been restored 3 years ago I can't bare to see it all go to waste rotting in a damp garage, so it's going to have to go I dont want to, but it would kill 2 birds in one stone, if not 3. Whilst I'm 'detached' from the car a bit more emotionally as I haven't driven it during lockdown I think its best it goes quick. So if anyone wants a 220bhp Capri valued at over £20k on the insurance......its up for £16.5k (oh, and thats car no.3! Also have a caddy van and a mk2 MX-5, which will also be going this year)

 

Noo...  There must be somewhere dry you can store the Capri!  You could have used my garage if my MX-5 wasn't in it!!

 

Hmmm...   Wonder if I know anyone with an empty garage...

Edited 4 June, 20215 yr by skomaz

12 hours ago, Martini06 said:

Ok so today I've been told that in order to end my financial struggles, I should sell one of my 2 cars. The person in question could not understand how it is possible to keep 2 cars and I should be grateful for the good advice 😂

Personally I find keeping a car cheaper than keeping some pets, and the 2 old bangers I drive put a smile on my face when everything else fails!

Just venting. 

I don't know your exact financial situation, but it depends on the person.

If it's some know-it-all interfering busybody (mother-in-law, perhaps?) then either point out that the cars won't sell for much anyway, due to being a niche interest item, or just tell them to **** off.

 

Financial advisors will obviously suggest things like liquidating any assets you have, but really it comes down to which you prefer - Having a nice car, or being able to eat.

Edited 4 June, 20215 yr by Ttaskmaster

I have sold many cars that I was particularly fond of in order to relieve a separate, urgent, financial burden - these days it would depend on what they are.. 

I've also sold a few because the running costs were unjustifiable... 

 

But nobody would pressure me into it. 

 

I'd get a cover on the Capri. 

On 03/06/2021 at 23:39, robt100 said:

Sadly this is my current dilemma. Got a Ford Capri with a 2.9 Cosworth conversion, it was/is my first car and I've had it since 2007!

But, sadly, I've not had any time to use it, and the council garage it is in is NOT water-tight. With it having been restored 3 years ago I can't bare to see it all go to waste rotting in a damp garage, so it's going to have to go I dont want to, but it would kill 2 birds in one stone, if not 3. Whilst I'm 'detached' from the car a bit more emotionally as I haven't driven it during lockdown I think its best it goes quick. So if anyone wants a 220bhp Capri valued at over £20k on the insurance......its up for £16.5k (oh, and thats car no.3! Also have a caddy van and a mk2 MX-5, which will also be going this year)

Oof! That Capri sounds like an appreciating treasure. What a dilemma!

It'd be great if you had friends or family who could give you somewhere safe to keep the Capri, assuming you don't need the cash sharpish.

 

I had to bail out a mate who's garage got broken into in a attempted burglary to nick his beloved motorbike.

He was very paranoid and I offered to store it in my garage for a couple of weeks while he improved security at home.

The couple of weeks turned into about 3 months, but I was happy to help at the time.

In the end it's a car not a person. Maybe I'm lucky that I've never really felt all that attached to cars or houses. or objects in general

 

The next car is always more interesting to me.

Current distorted used car valuations due to electronic component shortages worldwide. time to sell or sit tight?

 

https://www.autocar.co.uk/car-news/industry-news-retail/analysis-why-used-car-prices-are-set-rise-further

Edited 5 July, 20214 yr by vrskeith

Had to sell the Audi RS4 that I owned from new and loved in 2006 when I retired in 2016, I'd wanted a real V8 ever since I was a nipper so it was a real struggle.

 

Why did I have to sell? Couldn't afford the running and maintenance (tyres and servicing) costs on the meagre pension I was on then.

 

Only really loved one other car I've owned - a Brodie Brittan Racing tweaked Renault 5GT Turbo which weighed less than an empty baked bean can but with 180bhp (when tweaked) it challenged (brown stuff) falling off a shovel!

 

5 hours ago, vrskeith said:

Current distorted used car valuations due to electronic component shortages worldwide. time to sell or sit tight?

 

https://www.autocar.co.uk/car-news/industry-news-retail/analysis-why-used-car-prices-are-set-rise-further

 

Depends - if you still need a car are you going to be paying over the odds for one for the same reasons used car prices are high...   personally it's hype and I only buy cars when I need to (I don't buy into the 'need a new car every three years on PCP' state of mind) so it doesn't really figure in my thoughts...