Lucky Mustang Enthusiast Unknowingly Bought Boss 302 #0001
#11
He should DD it, because he is happy with the car and he won't get that exact car again. If you came across a 69 Boss 302, would you only want it if it hadn't been driven, or would you want to buy it regardless of the miles? It will have additional value when he goes to sell it regardless of the miles.
But, he will be pressured to sell it for a decent profit now and he will regret it after he does.
But, he will be pressured to sell it for a decent profit now and he will regret it after he does.
#12
He should sell it at Barrett-Jackson, make a profit, buy another Boss 302, and save the rest of the money. Why throw away the potential to make a huge profit if the serial number isn't that important and another Boss 302 can be had elsewhere.
#16
unless the serial # is important to him. then i agree no money in the world could replace a 001 production vehicle.
#18
The problem with selling the car is that it may be worth more down the line. I'm not convinced that's going to happen but it's certainly possible. An extreme case is a replay of the 70s where we go back to 190hp V8s... Then all the sudden it's at the "end of the muscle car era" again. As far as I'm concerned it's worth less every day. The only modern American car that's collectible that I can think of off the top of my head, which hasn't dropped in value, is the Ford GT.
Also, if he likes the car and it's special to him, I can see why he'd keep it. The profit isn't worth it, he likes that exact car. Not saying I agree with the mentality (it's kind of like being a car salesman and getting attached to a cool car so you try not to sell it) but it's definitely possible.
Also, if he likes the car and it's special to him, I can see why he'd keep it. The profit isn't worth it, he likes that exact car. Not saying I agree with the mentality (it's kind of like being a car salesman and getting attached to a cool car so you try not to sell it) but it's definitely possible.




