Talk me out of buying another 'fun' car!!!

[thefed]

I found a sweeet 1986 Monte Carlo SS with 79k original miles, shiny original paint, loaded etc.....for only $3500 bucks. I figure I can drive it around in the nice weather as a daily driver...for a few years....then when it's 25 years old and doesnt need emission testing - out comes the motor for a big block!!! A new, black on black paint job with some shiny wheels and it will be #2 of my 3 most desired cars. I already have my 79 camaro. All I need to round out the group is a 70-ish Cutlass 442

Whaddaya think??

 

[jazz4cash]

Decadent indulgence for less than the price of an HDTV? Go 4 it! Which engine is in it now....350SB?

 

[73ss454]

I believe it was a 305CI motor. They ran good but no power.

 

[W2R]

It's 3500 bucks NOW - - but how much will it cost to keep it in good repair and running? Sounds like a money pit to me.

Well, you asked us to talk you out of it!

 

[thefed]

yep, its the 305. common misconception is that they came with 350's...they never did.

i think these cars will continue to rise in value over time. i see many of them in this condition for 5-8k. Not sure what the difference is, but htis one for 3500 looks as nice as some ive seen sell for 5k+. The 9-10k pricetags are likely over optimistic!!

So MAAAYBE it could be considered an investment? Or MAYBE it can be my business-car for estimates and such - tax writeoff...lol


no. NO. NOOO. fight the urge

 

[packrat44]

I am not the one to try talking someone out of buying a "new" motorized toy. Presently have 10 vehicles; 10 motorcycles; 4 boats. One of the several reasons I retired was so I can play more with the toys.

 

[Khan]

Total waste of money and a sign of pretending to be a teenager again.

 

[REWahoo]

Total waste of money and a sign of pretending to be a teenager again.

OK. Then what's the down side?

 

[dmpi]

One man's fun is another man's torture.

 

[Darryl]

i think these cars will continue to rise in value over time.

Car and rise in value should not be in thae same sentence.

Fed, keep filling that emergency fund. The tenant you were describing the other day will leave you with a two month vacancy soon.

 

[saluki9]

The joy you will get from that car will almost certainly exceed what you would get doing anything else with the money.

Unless it's really stupid, I have a hard time talking somebody out of a fun car.

 

[kumquat]

I'm not the guy to talk you out of it. I'm awaiting delivery of a 63 Sunbeam Alpine I just bought for a lot more than $3500. You have to enjoy life a bit even if you LBYM.

Do it.

 

[Moemg]

If it makes you happy buy it ! What's the fun of having money if we can't splurge occasionally ?

 

[MikeD]

You'll Shoot your Eye Out

You'll just get a speeding ticket.

Mike D.

 

[dessert]

Fed, I don't want to talk you out of it unless you know you can't afford it.
If you can afford it and no one in your family gets upset about it, then do it.

Only you know the answers to those questions.

I agree with saluki9 and his/her comments.

 

[dumpster56]

Drove one back in 86 thru 88 been there done that. Old car. Time to move on. Now a 69 Vette well then we can talk.

 

[thefed]

Drove one back in 86 thru 88 been there done that. Old car. Time to move on. Now a 69 Vette well then we can talk.

funny you mention it. i have a 69 vette in storage for when i get some real $$ together and can fix it the way i likeit. bought it running, for the body tho, sold the 350, and its patiently waiting a bbc implant. thats my midlife crisis project tho

 

[thefed]

well.....i passed.


the car was everything i wanted...and more. rust FREE, shiny new paint, solid structure (NO rust), tight suspension, smooth motor and tranny, only 80k miles, new tires, doors hood and trunk all open and close with ease, interior in excelllent condition, etc


BUT, not only did the guy advertise a price that was about 750 lower than what he really wanted for the car, but i just didnt feel right shelling out the cash. why? i dont know. i have many times that amount of $$ sitting in the bank earning me 5.4%. But between with wifes attitude before i even looked at it, and the lack of work in my foreseeable future (air duct cleaning is SLOW), I decided against it

Maybe soon....IF I find THE deal of a lifetime....this one woulda been close if the guy didnt try to run game on me!

thanks for all the different views!

 

[W2R]

well.....i passed.


the car was everything i wanted...and more. rust FREE, shiny new paint, solid structure (NO rust), tight suspension, smooth motor and tranny, only 80k miles, new tires, doors hood and trunk all open and close with ease, interior in excelllent condition, etc


BUT, not only did the guy advertise a price that was about 750 lower than what he really wanted for the car, but i just didnt feel right shelling out the cash. why? i dont know. i have many times that amount of $$ sitting in the bank earning me 5.4%. But between with wifes attitude before i even looked at it, and the lack of work in my foreseeable future (air duct cleaning is SLOW), I decided against it

Maybe soon....IF I find THE deal of a lifetime....this one woulda been close if the guy didnt try to run game on me!

thanks for all the different views!

Good for you!! No sense in buying something that doesn't seem like a good deal, especially if/since you had some misgivings in the first place.

 

[megacorp-firee]

I found a sweeet 1986 Monte Carlo SS with 79k original miles, shiny original paint, loaded etc.....for only $3500 bucks. I figure I can drive it around in the nice weather as a daily driver...for a few years....then when it's 25 years old and doesnt need emission testing - out comes the motor for a big block!!! A new, black on black paint job with some shiny wheels and it will be #2 of my 3 most desired cars. I already have my 79 camaro. All I need to round out the group is a 70-ish Cutlass 442

Whaddaya think??

Go for it. Think about it ... laying on your deathbed thinking .. yeah I save 3500 bucks by not buying that 'sweeet 1986 MC ... ' shhhhheeeettt
3500? that's less than what the govmnt is going take from you this year, I bet.
Some things in life need to be done. f*** the cost (whoops, knew I shouldn't have had that 3rd glass of wine).
I hope I see you tooling around in it some day.

 

[Poundkey]

Some of these older cars can actually gain in value quite a bit.....especially if they are kept in original condition and not modified. A numbers matching 69 vette is a pretty sought after animal these days. Having one judged and graded as "Top Flight" by NCRS could triple it's value over a modified 69......even having it judged as an unrestored original would probably double it.
__________________

 

[packrat44]

Total waste of money and a sign of pretending to be a teenager again.

And your point is?

 

[bow-tie]

well.....i passed... Maybe soon....IF I find THE deal of a lifetime....this one woulda been close if the guy didnt try to run game on me!..

Well, if it's as nice as you say it is, even at 4200 bucks, if the drivetrain is strong, then that meets my classification as pretty close to a steal.

JUST DO IT! I love to spend other people's money... especially on cars.

I think those Monte SS cars will be worth some coin eventually, like pounkey said, if kept original and in good shape.

 

[FinanceDude]

Well, if it's as nice as you say it is, even at 4200 bucks, if the drivetrain is strong, then that meets my classification as pretty close to a steal.

JUST DO IT! I love to spend other people's money... especially on cars.

I think those Monte SS cars will be worth some coin eventually, like pounkey said, if kept original and in good shape.

Monte SS in good condition are worth more than $4200.........

 

[thefed]

Monte SS in good condition are worth more than $4200.........

i think its worth 6k to be honest. if i was in the market, i'd pay 5-6k. BUT, i only jumped at ithis one because of the super-low price. 4200 is low ...but when not planning on spending anything, it was over my limit