Need help making a decision... Should I sell my car?

datalink7

Lifer
Jan 23, 2001
16,765
6
81
Hi all,

The last few days I have been working on my car in order to sell it. Putting in new spark plugs, wires, distributer cap, etc. Well, now that we have done this it runs a lot better (duh :p) and so it more attractive to keep. I had been decided on selling it, but now I am not so sure.

The car is a 57' Ford Fairlane my grandmother gave me a year ago when I graduated high school. It has only 50,000 miles on the origional engine. All the chrome and origional parts. Some small rust spots on the lower body, but nothing major. Really cool car.

The thing is, I can't really afford insurance. So it is just sitting at my parents house with a car cover. Without me able to take care of it, and my parents not having much time to do so, I am worried that it will just get ruined sitting there. In fact, when I got back from a year of college it wasn't running so well (now it runs great that we did a tune up), and so I was ready to sell it.

Here are the Pro's/Con's that I can see for selling it:

Pro's:

Won't just sit there and get ruined
Money can go for college or a study abroad opportunity that I want to do but don't know how to afford
Money could go towards a practical car with better gas mileage.

Con's:

Probably will never get the opportunity to get another car such as this
Sentimental Value
The car has a major coolness value
If I scrap, I might be able to get some sort of insurance and have a fun car to drive around (been looking at some "Classic Car" insurance where you can only drive for a certain ammount of miles a year, but the insurance is cheap).

Can anyone give me advice? I don't want to sell it and then regret it later, but I also don't want it to sit there when it could just go bad and I could use the money.

Thanks:)

Oh yah, pics I took last night:)

Car side, front, and rear.
 

DrumminBoy

Golden Member
Mar 10, 2002
1,995
0
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If its your only car to drive around, i'd sell it. But if its just a fun car i'd keep it for as long as you can, seeing as the value is only increasing. If you do decide to sell it, see if you can find someone local that restores and appreciates old cars to buy it. Thats what we did with my '64 and its nice knowing she wont end up in a junk yard any time soon. beatiful car btw
 

datalink7

Lifer
Jan 23, 2001
16,765
6
81
Originally posted by: DrumminBoy
If its your only car to drive around, i'd sell it. But if its just a fun car i'd keep it for as long as you can, seeing as the value is only increasing. If you do decide to sell it, see if you can find someone local that restores and appreciates old cars to buy it. Thats what we did with my '64 and its nice knowing she wont end up in a junk yard any time soon. beatiful car btw

It is my only car, but I actually can get everywhere I need to go for the moment with my bike. A car is more of a luxery item at this point that would be cool to have, but not necessary.

I'm still torn on what to do. Yesterday, I wanted to sell. Today, I want to keep it.
 

Lvis

Golden Member
Oct 10, 1999
1,747
0
76
I'd try to keep it. If you sold it you'd probably beat yourself up later on.

You probably shouldn't be thinking of the car as as transportion. It would never be practical to drive it daily, better to get an "old" beater and drive it.
 

datalink7

Lifer
Jan 23, 2001
16,765
6
81
Alright, I think I am going to keep it. Besides, if I keep it that means I can sell it later if I need the money, whereas if I sell it now I might "accidentally" spend it ;)

But bump for some more opinions, which are always helpful :)
 

Brutuskend

Lifer
Apr 2, 2001
26,558
4
0
KEEP IT, (or give it to me!!)

A guy I work with (give it to me!!) has a car just like yours. (give it to me!!) That (and his 64 Harley) is his pride and joy!

(Don't care much for fords myself...but I'd keep it!(or give it to me!!) )
 

d33pt

Diamond Member
Jan 12, 2001
5,654
1
81
keep it and drive it at least 20 miles a week on the freeway to keep things working
 

datalink7

Lifer
Jan 23, 2001
16,765
6
81
Originally posted by: Brutuskend
KEEP IT, (or give it to me!!)

A guy I work with (give it to me!!) has a car just like yours. (give it to me!!) That (and his 64 Harley) is his pride and joy!

(Don't care much for fords myself...but I'd keep it!(or give it to me!!) )

Hey, I got an idea, I'll give it to you!

Wait a second... STOP THE SUBLIMINAL MESSAGES!

:p
 

Turin39789

Lifer
Nov 21, 2000
12,218
8
81
Do you have any uncle/aunts or other relatives who would be interested in it? MAybe someone who would take it off your hands who wouldnt sell it, and might even sell it back to you someday