Quote:
Originally Posted by Old Mechanic
I've had more than a few vehicles that I sold for more than all the money I spent on them including fuel, fees, insurance, and every other cost combined to operate them for thousands of miles.
Call it a 3k+ mile debugging test drive.
One Altima, we drove it 20k, sold it to the wifes parents. They passed and her brother drove it a year, we got it back when the estate was settled, sold it to one of her coworkers. It got whacked about once a year for 3 more years and finally totalled again.
Step daughter bought a 91 Sentra new for $9999, it was totalled by an uninsured driver in an apartment parking lot. I cut the rear end off it and mig welded another on, never painted the car, she drove it another 100k miles and sold it for $1200, recovering what I paid for the parts to repair it 10 years earlier. She collected $9.3 k from insurance and paid $9999 for the car new and she kept the car for the agreed $9300 settlement. She paid me $1200 for the rear clip, same thing she sold the car for almost a decade later.
I guess you could call that 125k miles starting with a new car for $700 depreciation and a weeks worth of my work (on vacation).
regards
mech
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This is the beauty of having your skill set and expertise. For most people this kind of vehicle expenditure is more like a fairy tale. I operate more in your line of thinking when it comes to vehicle operation and usually sell my vehicles for more than I pay a year or 2 after driving them, but there is definitely allot of patience, work and diligence involved with making that happen.