Classic cars forum & vehicle restoration.

clan chieftain · Joined: 05 Apr 2008 Posts: 2041 Location: Motherwell

If you were offered more than your car is worth would you sell it.
I dont know if I would or not because I have always wanted an estate and have put a lot of new and expensive parts on it and where would I get another one. Sometimes its not down to money. If you have restored your car from a basket case to pristine over a number of years you wouldnt sell it. I know I wouldnt.
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The Clan Chieftain

peter scott · Joined: 18 Dec 2007 Posts: 7211 Location: Edinburgh

If someone offered my 10x what it's worth I'd jump at it!

Peter Laughing

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https://www.nostalgiatech.co.uk
1939 SS Jaguar 2 1/2 litre saloon

Rick · Site Admin Joined: 27 Apr 2005 Posts: 22779 Location: UK

It depends really, on just how much more, and what they planned to do with it. If someone had offered me say 2x what the old A55 Cambridge was worth when I had it, then I may have accepted it, but if it was for b*nger racing then I'd have kept it.

RJ
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colwyn500 · Joined: 21 Oct 2012 Posts: 1745 Location: Nairn, Scotland

I will not ever sell my car; it's cost me too much time, thought and energy.

If I could I would be buried in it (if I ever die, that is) like they used to do with Chieftans and their chariots in the old day.

Riley Blue · Joined: 18 Jun 2008 Posts: 1751 Location: Derbyshire

Everything has its price. If someone offered substantially more than I've put into the restoration of my Riley I'd probably take it and use it on the other one Laughing

bob2 · Joined: 06 Dec 2007 Posts: 1728 Location: Malta

I'd never sell my green mini, it was purchased new by my dad and its exactly one year bigger then me. Its also the only car my father ever had and for me its part of the family!! The others I'd probably sell, then buy something else with the money!!

BigJohn · Joined: 01 Jan 2011 Posts: 954 Location: Wem, Shropshire

They would need comprehensive health insurance to reattach the hand I bit off!

Keith D · Posted: Tue Mar 05, 2013 2:09 pm Post subject:

I think a lot of us would only sell our cars if we needed the money. I'm not wealthy, but I don't need money urgently, so why would I sell cars that I have rebuilt, driven and enjoyed for years?
Keith

JC T ONE · Joined: 30 Oct 2008 Posts: 1139 Location: Denmark

Thats a hard one -

regarding my Green Mini Special I would say the same as Bob2 =

Inglewood · Posted: Tue Mar 05, 2013 11:14 pm Post subject:

This situation brings about a moral question, if an offer is too good to be true it may in fact be too good to be true.

There is a danger that an unrealistically high unsolicited offer may in fact be a money laundering exercise by the unscrupulous.

If you get an unrealistic offer it may be very attractive to take but it could be 'dirty money'.

They may buy your car for a high sum and sell it on for a lower amount, but the proceeds will be 'cleaner'.

Take care,if in doubt ask your bank for advice. If you do not show an element of due dilligence you could become party to the laundering.

buzzy bee · Joined: 23 Nov 2007 Posts: 3382 Location: South Cheshire

Money isn't everything. Smile

If your car/vehicle makes you smile (at least most of the time), why bother parting...

I don't think I would. Smile

Sell my Mistress - are you mad... Laughing

Riley Blue · Joined: 18 Jun 2008 Posts: 1751 Location: Derbyshire

Moral question....money laundering....due diligence.... In the hypothetical world that this offer was made, such things don't exist! In any case, who said this was a hypothetical 'cash only' transaction?

Even in the real world, if someone offered to buy my Riley for substantially more than it's cost me to date, those would be the last things I'd consider. I'm sure that's true of just about everyone who has contributed to this thread.

As for asking a bank for advice on how to pay a bill Laughing

I've closed an account when a bank manager told me I couldn't withdraw a couple of thousand pounds in cash to pay a bill. Banks should realise they serve their customers, not the other way round.

ukdave2002 · Joined: 23 Nov 2007 Posts: 4231 Location: South Cheshire

I think we are providing Adrian Lyne with the plot for a film sequal Very Happy

:

"Indecent Proposal 2" Laughing

wonder if Demi Moore would be interested and what car she drives!

Dave

ukdave2002 · Joined: 23 Nov 2007 Posts: 4231 Location: South Cheshire

I think we are providing Adrian Lyne with the plot for a film sequal Very Happy

:

"Indecent Proposal 2" Laughing

wonder if Demi Moore would be interested and what car she drives!

Dave

Roger-hatchy · Joined: 07 Dec 2007 Posts: 2135 Location: Tiptree, Essex

In a word

NO