Get a hobby you enjoy
Jun 25, 2019 5:25 PM - 191 Views
A College education is expensive and the cost to gain common sense while on the long road of life is also expensive. Whether you are paying for your education at college or come to realize that listening to someone else's experiences who has successfully accomplished the kind of life you wish to have.
This two prong approach to life will help eliminate a few mistakes down the road. The hard lessons that you actually pay for are the lessons that will stay with you for life. My hardest lessons come from the times when I have lost money on a deal, Made a bad decision that cost me time or money and the just all around well I screwed that up.
Buying and selling classic cars is something that I have been doing for the last 15 years. I call it a hobby and my wife says it is a business. It is my hobby and is a nice addition to my full time job. I am blessed to have a hobby I love and that actually generates a little spending money along the way.
As I buy and sell sometimes you win and sometimes you lose. I have been pretty lucky over the years and have made at least a little on most of the cool rides I have had. I try to at least break even. If I can ride for a while and enjoy having the classic in my shop then I feel good at the end of the day breaking even.
The classic car market has really changed over the last few years. The margins are nowhere close to what they once were. Most of the old car guys I talk to blame this on the TV. The fact that the auctions and car shows are driving the prices up on all classic cars. The second thing they say is everyone that has a classic these days thinks they have a car that is worth 100K. I believe this has caused so many folks to dive in and think they can make a mint on every car they buy.
I know for me I still love having the classics around and will continue to shop for the right deal. The car that I feel has enough room on the price that I can buy the ride, Drive for a while and still get out even or make a few bucks. As you search for your next classic ride only gamble what you can afford to lose, Buy the car that you will not mind driving as it may be with you for a few months and above all have a great time with your new ride.
Willie Moore StreetRodding.com
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Aug 12, 2019 at 10:21 AM
- I have enjoyed some of them with you. You and me together have also made a lot of great memories with some of them.
Aug 12, 2019 at 9:13 AM
- I have enjoyed several old rides over the last few months... Willie Moore
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