Howdy All,
Not posted for an eternity it seems, but not through lack of interest. I've been keeping a regular eye on the forum, just not being active, for which I apologise.
Not sure if this thread should be under "general" or "sales and wanted," but as per the title I'm wondering if now would be a good or bad time to sell my Coupe. My gut feel is that the timing is far from ideal, considering the current economic conditions, but then again just look at house prices the last few months, they have gone crazy, although that's probably a discussion for another forum!
I could do with some funds to help out with a home improvement project, and the Coupe just isn't being used due to work commitments, and dare I say another toy (I know, I know, please don't shoot me down). I could look at extra mortgage borrowing to cover the project, but I'm considering selling the much loved car, but only if the number works.
The car itself is a LSB S54 which I have owned for around 6 years now. Mileage has just gone over 25k, so its clearly been washed more times than driven! It's also verified as being the last RHD made, which is a cool little add on, "there can be only one" (name that movie)
So the quandary is, I need some cash to fund a project, I love the car, but it isn't being used, I could use extra mortgage borrowing, but would prefer not to (I'm already beholden to the banks enough as it is), I could sell the car but wouldn't want to see it go for a low price due to the market/economic conditions.
The question that is going to come back is what do I think its worth. Well for insurance purposes it was covered at £62k, but that was an agreed value going back to when things where a little crazy a few years back, although its recently been revalued for insurance at £60k, but that took a little work to get agreed. I think for me I wouldn't let it go for less than...................???????
Thoughts greatly welcome.
Chris
Not posted for an eternity it seems, but not through lack of interest. I've been keeping a regular eye on the forum, just not being active, for which I apologise.
Not sure if this thread should be under "general" or "sales and wanted," but as per the title I'm wondering if now would be a good or bad time to sell my Coupe. My gut feel is that the timing is far from ideal, considering the current economic conditions, but then again just look at house prices the last few months, they have gone crazy, although that's probably a discussion for another forum!
I could do with some funds to help out with a home improvement project, and the Coupe just isn't being used due to work commitments, and dare I say another toy (I know, I know, please don't shoot me down). I could look at extra mortgage borrowing to cover the project, but I'm considering selling the much loved car, but only if the number works.
The car itself is a LSB S54 which I have owned for around 6 years now. Mileage has just gone over 25k, so its clearly been washed more times than driven! It's also verified as being the last RHD made, which is a cool little add on, "there can be only one" (name that movie)
So the quandary is, I need some cash to fund a project, I love the car, but it isn't being used, I could use extra mortgage borrowing, but would prefer not to (I'm already beholden to the banks enough as it is), I could sell the car but wouldn't want to see it go for a low price due to the market/economic conditions.
The question that is going to come back is what do I think its worth. Well for insurance purposes it was covered at £62k, but that was an agreed value going back to when things where a little crazy a few years back, although its recently been revalued for insurance at £60k, but that took a little work to get agreed. I think for me I wouldn't let it go for less than...................???????
Thoughts greatly welcome.
Chris
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