(This "ban yourself" thing isn't working too well for me tonight.)
Here's my current dilemma:
A few of you know I'm selling my home, storing everything, quitting my job (eff yeah!), road tripping, helping parents out for several months, etc.
With the job change, I'll be losing a nice, new set of wheels that I'm allowed to drive outside of work hours (at a small cost), thus, my personal car/Jeep gets used minimally.
I picked up the '99 XJ when she had only 3k miles on it â€" purchased at an auction in Detroit after it came off the Jeep fleet.
I half kiddingly / half seriously tell people it has been the best relationship ever â€" it has yet to fail me.
In order for me to road trip, I'll have to get a newer, road-worthy vehicle.
The jeep has a ton of sentimental value. But, it also has 297k miles on the original engine. I'm screwed if I keep it and the transmission blows â€" which it'll do eventually.
Do I:
1. Store it (at minimal cost thanks to good friends) and then a month or two years later the engine blows but I've spent $1k per year keeping it insured and then it's trash?
2. Sell on my own? KBB = $2,500
3. Trade in for the road trip vehicle? KBB = $1,500
Jeep (or other people): what say you? Thank you.
Ain't gonna tell you what to do, but I usually trade in. Reason why? While for sale you should keep the plates and insurance, $ off the $2500 you might get. Add to that staying home for the no shows and ridiculous offers. Now you can add Covid risk too. Here in NY you have a tax advantage with trade in too. My guess is it will be difficult to sell a vehicle just short of 300K miles.
If it's KBB is $2.5k, why is it $1k per year to keep it insured if you're not driving it?
Should be able to have minimum coverage for it burning up or hit by meteor, as a 'thing' but not driven, yes?
How long in time and miles is this roadtrip?
Quote from: howie on September 18, 2020, 10:46:49 PM
Ain't gonna tell you what to do, but I usually trade in. Reason why? While for sale you should keep the plates and insurance, $ off the $2500 you might get. Add to that staying home for the no shows and ridiculous offers. Now you can add Covid risk too. Here in NY you have a tax advantage with trade in too. My guess is it will be difficult to sell a vehicle just short of 300K miles.
It would certainly be the path of least resistance, thank you!
Quote from: Speeddog on September 18, 2020, 10:50:25 PM
If it's KBB is $2.5k, why is it $1k per year to keep it insured if you're not driving it?
Should be able to have minimum coverage for it burning up or hit by meteor, as a 'thing' but not driven, yes?
How long in time and miles is this roadtrip?
True, insurance may change from $1000/year to... $750/year (?) for 3 months of storing. A call to the ins. agent would help. Thanks for the prompt.
Didn't we just go through this.
Let it go.
For whatever reason, the value of those vehicles is higher (at least it was around NM recently) than KBB. Cult classic?!?
Price it out away from KBB. May be higher.
Also: 297K isn’t as bad as it sounds for that engine. Trans? Yeah... that’s a lot.
Quote from: Speeddog on September 18, 2020, 10:50:25 PM
If it's KBB is $2.5k, why is it $1k per year to keep it insured if you're not driving it?
Should be able to have minimum coverage for it burning up or hit by meteor, as a 'thing' but not driven, yes?
^^ This.
$1k/year + reg/tags + emissions + storage is a losing proposition on a vehicle valued at $2.5k that rarely moves.
Assuming the storage is insured (sufficiently), you should be able to either hold or stop insurance for the time. I'd definitely shop around for insurance, though. I'm not that far away from you and I don't pay that much for full coverage on a new vehicle.
Used vehicles are selling at a premium right now. I'd list it on CL and use the cash to fund your adventure.
Those things have gotten popular. You could sell it with ease.
Sell it.
When I got the truck, I sold the Jetta.
The dealership only offered @2500 in trade in. I listed it at 6000 on facebook marketplace. Within an hour, I had 3 offers from used car lots. Sold it within 3 hours for 5500. 5000 was my goal! It had some issues and would need some work.
They drove to me, paid cash, and had 2 copies of a bill of sale. The only thing I had to do was count the cash [thumbsup]
Quote from: ducpainter on September 19, 2020, 04:31:02 AM
Didn't we just go through this.
Let it go.
No, we didn’t. The question I posed a few weeks ago was the
value of my time to replace items that the new home buyers wanted but things that I need and use - not whether to keep the things or not.
It was others telling me to get rid of the stuff but that wasn’t my question then. :-*
Hmmm... just the vehicle and it's mileage.... sell. But the sentimental value? Harder to evaluate....
I shipped a motorcycle halfway around the world.... it sat for a year before I could get it registered for um... legal.... use. Made more financial sense to have sold it in Aus and buy another Up Over. But then I wouldn't still have.... MY Monster...
Is this Jeep a forever keeper?
Quote from: Stella on September 19, 2020, 10:51:44 AM
No, we didn’t. The question I posed a few weeks ago was the value of my time to replace items that the new home buyers wanted but things that I need and use - not whether to keep the things or not.
It was others telling me to get rid of the stuff but that wasn’t my question then. :-*
Let it go. :-* ;D
Your vote has been acknowledged, thank you.
;D [beer]
Quote from: ungeheuer on September 19, 2020, 11:24:04 AM
Is this Jeep a forever keeper?
Well, it has been a forever keeper so far considering I put 294,000 of its 297,000 miles on it. It has been a champ and now it's a fun little whip to drive around town running errands. Considering storage and then using it as the back up like it has been but I know the engine/tranny will give me problems at some point.
Leaning towards listing it myself (will make Nate happy - ha!) and then if I don't get a fair offer, I'll store it.
I was driven in that vehicle, correct?
We are in different locations and I am not you
But I drive a car of that same model year that's worth next to nothing
And it's insured at the bare minimum
I've got good coverage on my S4 as well though
And I pay ~ the lowest dollar number you've mentioned
And I can use either one at a moment's notice to perhaps maim a young brain surgeon who solely supports his big family
But I talk to insurance people as little as possible so maybe I'm chock full
My brain points to "sell" as well, given the mileage.
I think we need a pic of this XJ though. If the body is solid, they're sort of sought after. I still want a 2-door XJ (preferably 4.0/manual) for some reason, even though there are currently more 4WD vehicles on the property than drivers.
Quote from: Speedbag on September 21, 2020, 05:46:42 AM
My brain points to "sell" as well, given the mileage.
I think we need a pic of this XJ though. If the body is solid, they're sort of sought after. I still want a 2-door XJ (preferably 4.0/manual) for some reason, even though there are currently more 4WD vehicles on the property than drivers.
Ok, point me in the direction of where to find our most recent "how to post an image" tutorial.
Body is is relatively good shape. Two dimples in the side door (shutting it with my hip, didn't learn the first time. [bang] [laugh]). Rims are in sad shape. Tires have a lot of life left in them. New brakes, pads, calipers, LOF and general tune up at the beginning of the year. On occasion, it'll hesitate at a warm start. I let off the gas for a few seconds and it works itself out and then we're GTG. :)
Pretty sure this is still good:
http://www.ducatimonsterforum.org/index.php?topic=109.15
Flickr seems good, but AFAIK the app doesn't work from a phone.
As an owner of a '99 WJ since new, I sympathize with your dilemma.
My wife keeps asking me what I want to get if/when she (the car) kicks the bucket, me = another WJ!
I think KBB may be low, and if it is too much of a hassle to store it, do you have someone in the area that you trust & could lend or sell it to that can 'occasionally' drive while away?
Quote from: Jaman on September 21, 2020, 02:20:08 PM
As an owner of a '99 WJ since new, I sympathize with your dilemma.
My wife keeps asking me what I want to get if/when she (the car) kicks the bucket, me = another WJ!
I think KBB may be low, and if it is too much of a hassle to store it, do you have someone in the area that you trust & could lend or sell it to that can 'occasionally' drive while away?
Good point about KBB. At this point a '99 CJ is a special interest vehicle. IMO, as a used '99 vehicle with that much mileage Kelley would be quite high, but for an enthusiast way low. The problem would be connecting with that enthusiast.
Quote from: howie on September 21, 2020, 02:37:20 PM
The problem would be connecting with that enthusiast.
There are a ton of them out here so I'll price it a little higher. If I ever get to that point.
Moving and leaving a job is a time suck. For now. ;)
Quote from: DarkMonster620 on September 21, 2020, 02:31:57 PM
Red?
Yep. That's my personal one. I had a white jeep for work.
Yanno.....if you bring your Jeep to DIMBY.....we could burn it [evil]
Quote from: Davey Two Tractors on September 22, 2020, 06:19:51 PM
Yanno.....if you bring your Jeep to DIMBY.....we could burn it [evil]
Are you offering to write up the permit application?
Permit??? [laugh] [laugh] [laugh]
"I'm sorry officer, I just parked it there and it burst into flame, this is so awful."
"Those people over there partying? No idea, they seem to enjoy my Jeep burning up and yes that's upsetting."
:'(
<Requires some acting skills and may not be entirely legal YMMV>
We're not burning a Jeep. [roll]
Good, good, work on that denial. :D
Quote from: Davey Two Tractors on September 23, 2020, 01:38:13 PM
Good, good, work on that denial. :D
You come for the fun and bail on the clean up. :-*
Sometimes I steal your paint supplies, too.