I was offered a trade for my '66 Malibu today, a really sharp '49 Buick Sled. Not exactly my "thing", but definitely worth a pretty penny on the street rod scene.
In the last week I've had three people and ask me about selling it. Two of them had been watching my progress over the last several weeks. One driving a rodded '37 Chevy 350/7004r, had moved in around the corner a little over a month ago and apparently had a '67 back in Hawaii. The other had been working on the neighbors addition a few houses down the street, he drove up in a cherry '69 RoadRunner. They both casually asked if i would consider selling, I think for the most part, they had heard me rumbling around and wanted to check it out.
The third inquiry came with cash in hand. The younger guy had his brother driving him around to check out some cars that had caught his eye while he was awaiting an accident settlement. When asked what I'd sell it for, my response was "not for sale". They asked to check it out, very politely. In the ensuing conversation, I was shown $20,000.00 in brand new sequential $100 bills. Again said I'd have to pass, eluding to the fact that I had been rebuilding since mine had been stolen 8 months earlier. The simple truth is that I have every cent of the $23,100.00 received as settlement from my insurance, plus at least another couple grand, not to mention an easy dozen allnighters freezing my a$$ off out in the driveway to get it where it is now. It would not only be ridiculous for me to sell for anything under $30K, but I'd also never hear the end of how many soccer games, school events, vacations, holidays, etc, etc, etc... that I missed in favor of time under the car.
His parting words were, "Would you take $27,000 for it".
Not that day anyway.
Truth be told, my car has been evolutionary. Originally bought for $1250 in 1978. Other than a few thousand here and there for engine builds over the years, I haven't had any major expences that actually involved saving for or borrowing against. Although I do spend entirely to much and far too often in most peoples opinion. I had to rebuild from scratch 3 times, in 1990 after being rearended, in 2002 when some idiot darted into rush hour traffic and again in 2005, when the car was stolen, stripped and destoyed. Each time I had nothing more to work with than what was left from my previous '66, and a check from insurance. Which, by the way was $5900-$200 buy back, $8900-$876 buy back and $23,100-$3200 buy back, respectively.
No special insurance either, full coverage, on the same account as all my other vehicles.