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Real value vs. emotional value... Posted by Clay McNeely [Email] (#497) [Profile/Gallery] (more from Clay McNeely) on Thu, 6 May 2010 10:43:28 In Reply to: What to do with a classic car that no one wants to buy, Steve Wolk, Thu, 6 May 2010 07:08:24 Members do not see ads below this line. - Help Keep This Site Online - Signup |
I realize this is probably a hard pill to swallow, but book value for your car is only about $1,200. As has been stated, the base model, 4-door, and automatic tranny really aren't working in your favor. It's going to be extremely difficult to get your money out of a transmission job that recent. I wish you could get a 100% return on something like that, but it sounds like the odds are against you. I definitely know where you are coming from, though, as the amount that I value my SPG is nowhere even close to what book value is.
This may be a poor analogy, but take my grandmother, for example. She put her house on the market a few years ago and thought it was worth at least $200,000. Naturally, it was her home of many many years, she loved it, and she placed an emotional value on it. In all reality, however, the house wasn't worth more than about $95,000. Having that said, you are forced to weigh real value against emotional value...and real value usually wins.
Hopefully you can bear to part with the car for a lower price so that it can live on and serve someone else well. I hate to be the bearer of bad news, but in this case, I don't seem to be the only one. Good luck in whatever you decide. Drive safely and KEEP ON SAABING!!!
-Clay McNeely
Current
1991 Saab 900 SPG (Talladega Red) - "Katelyn" - 256,604 miles
Past
1974 Saab Sonett III - sold and shipped to Sweden with 86,786 miles
1996 Saab 900 SE Turbo - "Kathryn" - sold with 176,020 miles
1990 Saab 900 Turbo - "Katarina" - sold with 261,632 miles...and going strong!
1987 Saab 900S - "Katie" - RIP
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