Dynaflash8

HOW OLD IS TOO OLD TO BUY ANOTHER OLD CAR?

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I think 80 is about too old to add to your old car collection if you are a retired or mid-level earner of any type.  What do you think?  I think you shouldn't saddle your wife or family with more old cars to get rid of when your gond.  I am 81 and just reduced from 4 to 3 old cars.  Yet I find myself antsy to keep looking at old cars when I've already promised myself if I make it to 85 I'm going to sell off one more of the 3 I still have.

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Don't buy any more old cars. They're all crap and do nothing but cause heartache and consume your money. Look at this expensive piece of crap sitting in the middle of my parking lot, permanently immobilized by a broken transmission linkage, all despite a shockingly expensive restoration. And this is just but one example out of hundreds. They're all sh*t.


I hate old cars. Get out while you can.

2019-11-25 18.11.15.jpg

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I'll be happy to tow it away before you send it to the crusher.

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If you can afford it buy what you want. What's one or two more cars to unload in the scheme of things.  Happy hunting!

 

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One of our local AACA region members had a 

good-sized collection.  As he was getting older,

he had a big sale and got rid of almost all of his

cars.  It turned out that he lived to be 100, and his

wife also.  They celebrated their 80th wedding

anniversary together.  I think he regretting selling off

his cars, because he tried to buy back at least one

of them.

 

Another man I know is 99.  He and his wife still live

in a very large house on many acres;  he still has an

office and a secretary and drives to work every

morning, working half days.

 

Life is eternal.  You can certainly plan prudently in

your will, with helpful instructions to those after you.

But organize your life for continuous living!

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John S  stated it the best in his last paragraph. If you sell one Earl, then yes, do not feel GUILTY for wanting to try to own another one. But make sure it is one that you do not have to restore or if it needs work one of your faithful and loyal time proven friends who can do the work will be willing to take it on and get the job done reasonably fast. The sense of joy that you get when you view, sit in and ride in the car that you own does not have a price. Even if it gets to the point you do not have the ability to drive, then you can go for a ride with some one else at the wheel.

Several decades ago I was in a hospital not knowing if I would be coming out vertical , all I could think of besides seeing family and friends was " I want just one more ride in an old car".

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If you are healthy than you could easily live to triple digits. Imagine thinking back to age 81 and having it be three decades ago? 

 

For me, I'm not all that healthy and almost died once already before I hit 30. If I hit 81 it will be a miracle (35 now)

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My rule of thumb is: don't get to the point where the things you own...in fact, own you. Maintenance, restoration, storage, time spent on repairs all factor into this.

 

I don't own show cars because I can't afford them and don't have the talent to build them, but also because I want old cars...not a lifestyle that revolves around old cars.  I'm really glad there are people out there who like to restore cars to a high level. I love seeing them on display at shows and love talking to the owners, who've almost always been very nice people.

 

I sold my third old car a few years ago and was really felt like a burden was lifted off of my shoulders when it was gone, even though I liked it. Then late last year I bought another old car. Oh well.

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I'm too old and fat to get down and crawl under a car.  Getting down is no problem - it's the getting back up that's a bitch!  😂

 

Seriously, as long as you can afford a hobby, the time to get rid of it is when it no longer brings you joy.  If it still does, hang on to it - although if you're no longer able to work on cars, get one that doesn't require much or find a trustworthy mechanic.  And you have a point of not saddling your heirs with them - if you don't dispose of them before you pass, at least have a will with specific instructions as to their disposal.

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Your getting older when the words “lifetime warranty” don’t quite seem like the deal it once did 😀.  If you got the funds, the interest and want then it does not seem to be a hard decision.  Just be sure your wishes are known for its transfer of ownership when the time arises.  

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"HOW OLD IS TOO OLD TO BUY ANOTHER OLD CAR?" That's easy, It's when you have to ask.

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My father says that you can't be taken if you still have a project, and considering the number of projects that we have, both of us and my 3 boys should be good for a long time so I say if you want it and can afford it go for it!  I will say that I know quite a number of guys that were never car guys before but when their father passed they suddenly took an interest and kept their father's car, mostly as a tangible reminder of their father, so don't consider it a burden, it may actually be therapy, who knows?  And along the same lines of TerryB, have a plan in place if you wish or at least let your family know that you would understand if they don't want to keep the cars, and who knows maybe they will, but really in the simplest of ways it's no more trouble to auction one car or 20.  

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2 hours ago, Matt Harwood said:

Don't buy any more old cars. They're all crap and do nothing but cause heartache and consume your money. Look at this expensive piece of crap sitting in the middle of my parking lot, permanently immobilized by a broken transmission linkage, all despite a shockingly expensive restoration. And this is just but one example out of hundreds. They're all sh*t.


I hate old cars. Get out while you can.

2019-11-25 18.11.15.jpg

And that sadly, are their best features.

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It is not the old cars (3)  that bother my two sons. It is all the machinery that fills my hobby shop to work on the old cars.

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I'm 83.  Last March, as a mere stripling of 82, I bought a Curved Dash Oldsmobile.  This summer I drove it on the New London to New Brighton in Minnesota, in pouring rain.  Next year, as a creaky old geezer of 84, I'm going to ship it to England and do the REAL London to Brighton, probably in COLD pouring rain.  My child bride of 80 did a week-long horseback trip in Argentina this year, followed by one in Ecuador, followed by a trip to Central America with her 51-year-old son where they hiked to Mayan ruins and appealed into caves.  We figure we're going to be dead a long time, and there things we want to do before we get there.  Don't wait!

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5 hours ago, Matt Harwood said:

Don't buy any more old cars. They're all crap and do nothing but cause heartache and consume your money. Look at this expensive piece of crap sitting in the middle of my parking lot, permanently immobilized by a broken transmission linkage, all despite a shockingly expensive restoration. And this is just but one example out of hundreds. They're all sh*t.


I hate old cars. Get out while you can.

2019-11-25 18.11.15.jpg

 

I hate new cars and even new cars break. The difference between this broken car and a brand new car is that I can make a new tranny linkage for this car, I don't have the tools to make a new micro circuit tranny computer.

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When the garage is full..

 

I just had an 85 year  AACA member drop by last month.. 

 

He just built a 60 by 100 foot new building to buy more cars?????

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Great topic to talk about here. I have come to the point in my life that I can no longer do much to the cars myself so I picked one I own, that can maintain highway speeds and my wife and I can enjoy, and am having it restored by someone that knows what I have and took on the job to restore it for me.  It is getting everything done except the body off the frame but it will be a real joy to drive and enjoy it for the rest of our lives.  I still have several cars in my garage that need restoration but I will never be able to see them done.  I still enjoy the search for parts and when I find a part that I have been searching for many years to get - the joy is wonderful - so continue the search for what few parts I need and get my enjoyment from that.  Old cars have a way of grabbing you and holding on and almost unable to part with them - but, I sometimes think it may be best to see them go to the right person and know they are in good hands and not going to be destroyed.

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He who dies with the most toys wins.”  has been attributed to Malcolm Forbes,

 

HIS KIDS SURE SOLD OFF THEIR INHERITANCE QUICKLY...................!

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In January of this year a gentleman I know bought another collector car...........a 1952 Bentley. The car was 67 years old. He was 38 years old when it was built.............do the math............figure it out yet? Yes, he was THAT old.......and he drove it away from the dealer. He’s still driving it this month. He’s owned more antique cars than just about anyone I know............he just finished building a new home four years ago. It’s just a number if you have your health. He was attending a book signing for his book at the Springfield Mass museums recently, this photo is from the article. At 105 years old, he’s doing quite well. He recognized me when I saw him.........couldn’t come up with my name, but he knew my father seventy years ago, and has known me for fifty. He did manage to point a finger at me and say..........the Pierce Arrow Kid..............

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Edited by edinmass (see edit history)
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