gauging interest

QUICK STORM

QUICK STORM

B.A.M.F. BMW Tech
Re: gauging interest

well i'm pretty sure i will still be working on it to get it out of my pops shop. i will finish it and sell it for the same price that it was when i bought it. it was far from stock when i bought it for 22K and its even further now and faster, why not sell it for the same price. i understand everones arugements but like i said i put myself into drowning pool, because i couldn't afford it and had to use plastic. right now its not totally about the vehicle, its about stopping a pattern/habit of spending money i don't really have, all my purchases made for the truck were absolutely dumb mistakes now that i look back on it.

because of my mistakes i have been paying for it ever since. and its not just my vehicle its been in every hobby of mine. i go out and buy a $1300 speaker/amp head setup for my bass guitar. the head gets stolen at my church so i get a check and sell the speakers and i come out even, but i still didn't have the money in the first place. the i decide that i want to try an acoustic bass, $400 later on the card and i have one, then i get tired of it and trade it in for $150 to help with the bass speaker/amp head setup. after that i decide i want to try out a 5string bass, buy a used one for $900 on the card, then i got tired of that and traded it in with my $1300 bass for a $1500 musicman stingray. then i went freaking stupid on itunes with the card an bought way too much music, over $600 dollars.

sometimes you have to give up the things you love to make your life better. i only drove the white ty for a month before i broke it, its been sitting for over 1 year and 3 months, sucking 60% of my paychecks every month. i don't go out at all because i need to drop over $1700 a month into the truck payment and credit card payment and insurance payment.

i need to do what best for me, cuz i think if i do keep it, coilovers, corvette front brakes, 4L80e etc.. is what i want to put into it, and thats another $7K that i don't have.
 
bezerk

bezerk

New member
Re: gauging interest

you man, suck to read this bullcrap, but i really feel sorry for you that you worked yourselve in this situation.
Reason number 1, that i don't like car loanes!!
i bought all of my cards with money that i earned, buying a car and paying intrest on them is a stupid thing to do IMO, i know if you need a car for work, you are better of getting a warrenty vehicle, and get a loan. but a car is never a good investment if you pay intrest for it.

I hope you win the lottery tonight, so you can get out of your situation, and be happy about everything. you life and learn.

Good luck to you!
and i would have bought it, if i was in the USA for that amount of money!!!
 
12secondSY

12secondSY

Syty Killer :(
Re: gauging interest

QUICK STORM said:
sometimes you have to give up the things you love to make your life better. i only drove the white ty for a month before i broke it, its been sitting for over 1 year and 3 months, sucking 60% of my paychecks every month. i don't go out at all because i need to drop over $1700 a month into the truck payment and credit card payment and insurance payment.
Click to expand...

I did the exact same thing, broke after a month but mines only been down for a little under a year. The ty and my bike are the reasons I still live at home. I got rid of the bike to pay off debt. I paid off a couple small things and the rest is all going into the ty. But its worth nothing not running so I feel like I have no choice. I do have a choice on what I buy for it, but i have no self control and still plan on buying go fast parts.

I think you would be best off putting it back to stock, selling it for what you paid, and selling your parts on here. This way I can buy them.
 
mrweelr

mrweelr

New member
Re: gauging interest

Sorry to hear this. I know Tom Dowd is also selling his amazing Typhoon for a HUGE loss. I hope it goes to someone in the SyTy community who will enjoy it. These trucks definitely require $$ and lots of wrenching. I will never sell mine and I've never said that about any vehicle I've owned (a LOT).
 
gjp

gjp

another post whore
Re: gauging interest

If I had to buy everything cash then I would not own 1.4 million in houses. Most of you would not have an education past HS. Debt is a part of life. How you control it is when people get in trouble. My wife and I split up while 2 of my kids were in private school. So I had to pay their tuition. (8k each per year) house payments and my hotel payment plus the added cost of living apart. At the end I racked up 50k in cred card bills. We got back together and mywife wanted to finish school. We still owed 40k for her BA. Back she went to get her masters. Still going and teaching. Heck she makes 45k as a teacher with 6 years of college. I had 2 years and make 110k? Thats a bad investment!
Living in the Bay area requires some debt. Everything just cost more and the cost of living is higher. The going rent for a 1 brm apt. is over 1000$ a month. It sucks but I get to wear shorts in january.LOL
Like any auto investment there is going to be a loss unless you keep it for over 10 years or so. And If I win the loto I will buy it!
 
T-Bone

T-Bone

Active member
Re: gauging interest

gjp said:
If I had to buy everything cash then I would not own 1.4 million in houses.
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No-one "owns" houses that they are currently paying on. That is a misnomer a broker wants you to believe so they can make a sale but the fact is, the lender owns it. Having said that, I realize sometimes it is necessary in todays economy to buy a home on credit, but on the flip side, homes are a fairly solid investment. Vehicles are not solid investments...too many variables outside our control, with the price of gasoline leading the list.
 
gjp

gjp

another post whore
Re: gauging interest

my neighbor who payed 800k for his house last year and now is worth 750 is not to happy. but yes in the long run it does pay off. Cars do to in the long run. my uncles 40k mile 1968 corvete L89 that cost him 5k in 1970 is worth 60k+. But for the most part houses and land make money and cars are for fun. Everyone should just buy a hyundai and stay out of debt.
If everything worksd out right I will own my own house in about 5 years. No more payments. :) yeah, buying is not owning I guess. but the goverment can take you house whenever they want anyway.and they never have any debt :D My grandma had to move when HWY 85 in san jose was built for an onramp. People just have to live within their means. I am now living just a little over mine right now.
 
bezerk

bezerk

New member
Re: gauging interest

vehicles never pay off in the long run, your uncle prolly drove the corvette, dumped money into it, repairing it, throwing feul at it, insured it, paid for a car loan. so i think he already threw 55K at it in those 40 years, and he will never get his money back that he put in it.

the bank and i have it all ;)
 
T-Bone

T-Bone

Active member
Re: gauging interest

gjp said:
my uncles 40k mile 1968 corvete L89 that cost him 5k in 1970 is worth 60k+.
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What you posted is what your uncle has been informed by another source and may or may not be relevent . Finding someone to shell out that kind of cash is not easy unless it is a one owner, BB, 4 speed convertible with ALL documentation on hand. FWIW, I have been informed my limited production ultra low mileage Syclone is worth $47,635.00 but I am still waiting on a potential buyer to surface :). If I had the proper foresight, I would have ordered 5 GT500's. Could have made $100,000 profit in the course of a couple months. That would have been a good investment IMO but who would have known??? Back on topic though, a house valued at $400,000 but later missing windows, doors, roof and wiring is not worth $400,000 even with all the necessary items included in a sale. Same deal with a vehicle.....a running vehicle will ALWAYS pull more $$$.
 
dgoodhue

dgoodhue

BuSTeD 4.3
Re: gauging interest

T-Bone said:
What you posted is what your uncle has been informed by another source and may or may not be relevent . Finding someone to shell out that kind of cash is not easy unless it is a one owner, BB, 4 speed convertible with ALL documentation on hand.
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L89 are a rare aluminum head option. It was something like $1000 option on top of Tri Powered 427-435hp. They are almost as rare as the L-88 rare motor. I am not sure exactly how much they are worth, but they are significantly price increase over regular 427's. I looked quickly and didn't see any FS but by looking other 68/69 427's they must be up over $100,000 restored. I have seen the 67 L-89 go for over 250,000 (However 67's are worth a significant preminum over 68's)
 
gjp

gjp

another post whore
Re: gauging interest

What you posted is what your uncle has been informed by another source and may or may not be relevent . Finding someone to shell out that kind of cash is not easy unless it is a one owner, BB, 4 speed convertible with ALL documentation on hand
Click to expand...
sorry I was drinking when I posted this, but yes a L89 corvette is the 427 limmited corvette. He was the first legal owner as he bought it from the dealer in 1970. (dealers car, demo) He is a fiberglass body worker and has 5-6 corvettes. He also owns a 1962, 1966 and a calloway 1991 . He was offered 50+ a few years ago for it at a goodguys car show.
But this is stupid to argue.
 
T-Bone

T-Bone

Active member
Re: gauging interest

gjp said:
a L89 corvette is the 427 limmited corvette. He was the first legal owner as he bought it from the dealer in 1970.
Click to expand...

Sounds like a nice car and probably well worth the appraisal price he was quoted...
 
TYTILIDIE

TYTILIDIE

METH HEAD
Re: gauging interest

Damn Branded. I didnt know what Gauging meant since youve posted this and was bored and decided to read it. This is a crystal clear version of the EXACT reason I stay small. Its been proven that tuning can take you far. I wouldnt say I spend a whole lot of money on my truck because I dont have insane parts on it. Yes, I would love to build it BIG but the money and headache that comes with is something I cant afford. It amazes me when you post up your build and people say why JUST a 20g? You my friend are that reason. I would be devistated to lose another vehicle I love to death. When I watched some over wieght jackoff drive my old Vette away I couldne watch for more than a couple secionds. I just wlaked back into my house and played it off for the last few years that it didnt bother me. For the past few weeks, Ive been scouring around for a beat up fixer upper same vintage as my old one. I wish I could relate to the way you feel, but if I wasnt loyal to my truck Ild be loyal to just baout nothing :lol:
Personally, Ild live it up while I could with the whole living with the parents thing. I dont know your parents but I had to move in with mine for about a year and it great. I gfet along with them well and yeah I definately had my days where I wished I could be in my own place but it was ok for the most part. I was sneaking chicks in the wondow and everything at 29 years old :tup: Just like old times. Funny ting was that even older chicks are willing to do it. Yeah it feels kinda pathetic but i enjoyed it while I could and now have a well running TY to show for. Minus my recent tranny issues.

All inall I wish ya luck with whatever happens with it but I would stick with it if I were you. I cant even begin to explain the feeling youll get when you get it back together and scare the hell out of the people in the lane next to you and all you can do is think to yourself, I built this thing!!
 
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