

| Subject: | Re: What to do: Keep or Sell? |
| From: | don spence |
| Date: | Wed, 29 Nov 2006 11:02:04 -0700 |
>> You're missing the most important part of his original post >> The mechanics report came back somewhat negative, >> reporting many leaks and pointing out rust underneath. Rust and "many leaks"? Head gaskets? oil? fuel? structural rust?? It may well be worth less than $8000. Those $14000 westies are pristine low mileage vehicles, not rusty ones with many leaks. On 29-Nov-06, at 10:21 AM, Automatic digest processor wrote: > Date: Wed, 29 Nov 2006 06:04:10 -0800 > From: Robert Fisher <refisher@MCHSI.COM> > Subject: Re: What to do: Keep or Sell? > > Think of it like this: How much work/improvement could you have > done for the > $1250 you've lost from the sale you had if you do manage to sell it > at $8K? > I'm thinking that selling these vans (the Westys, anyway) is more like > flipping a house than it is selling a car. > You need to figure out what you could expect to get for it in a given > condition, how much it would cost to get it in that condition, and > how much > you would expect to gain at sale from the 'investment'. > This is, of course, basically ignoring what you already have in it- I > realize the analogy doesn't necessarily stretch so far as to > actually making > a profit, unless you're GoWesty or Poptopwhatever. > And like Eric the Joe says, it helps tremendously to do as much work > yourself as you can. A monkey ought to be able to swap out a cat/ > muffler > (and for a good bit less than $600). > If you've undervalued it as much as Chris thinks you have it may > well be > worth taking the time and effort to at least correct those obvious red > flags. > > Cya, > Rober
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