[Chrysler300] Re: Value vs. Drivability

["Michael Reed" <mrreed@xxxxxxxxxxxxxx>]

Amen, amen, amen, Wayne! Very well stated....

Mike

--- In Chrysler300@xxxxxxxxxxxxxxx, "Wayne Graefen" <wgraefen@xxxx> 
wrote:
> At what value point would YOU stop driving YOUR car?   That is a 
highly individual question.  It might be best answered as a 
practical percentage of your net worth.  
> 
> For someone living in a mobile home with no money in the bank 
other than next month's lot rent and they are 60 years old, it is 
not only time to stop driving their Letter Car convertible but to 
sell it in case the bottom fell out of this collector car market 
like most of us watched it do in '89-90 (Letter Cars didn't take a 
big hit but MOST collector cars did).
> 
> For someone living in a five million dollar home on the beach in 
Malibu or Kennebunkport, with millions more in equities from stocks 
to "pocket change", get out and enjoy driving that Letter Car!
> 
> For the vast majority of us somewhere in the middle between the 
above scenarios there are multiple other factors of business and 
health and storage and how our wives view our cars.   So even on the 
Duesenberg end of this scale, there are car owners who regularly 
tour their prize possessions and those who strictly keep them in 
climate-controlled security-watched fortresses.   The chapters of 
the Classic Car Club of America have several road tours during the 
year to drive their Classics and what do they do on those tours?  
Well, often, they go to see other members static collections!  
Interesting!
> 
> For me, these are CARS and cars were meant to be driven.  If I 
couldn't drive them, then just keeping and maintaining them would 
actually own me!   I sold my low mileage C convert years ago because 
it deserved to be in a museum as an example of an authentic original 
car and it still sits there and that is great for THAT car.  I have 
a '69 Coronet R/T 440 convertible that is a "survivor" car with 
higher mileage.  That car was on the 2004 Hot Rod magazine Power 
Tour.  Scorched the tires some places and forged on through driving 
rainstorms other days.  Perfect for THAT car.
> 
> If the Barrett-Jackson auction does portend that the market value 
of our Letter Cars has recently doubled, some will sell, some will 
be parked, and I would hope that in most cases, those of us who 
drive them will have DOUBLE THE PLEASURE of ownership.
> 
> Wayne
> 
> 
> 
> [Non-text portions of this message have been removed]





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