I sold my truck today. It was 25 years old, 187k miles and lots of problems. The AC quit last summer (I think it blew a seal), it failed smog and probably needs a new engine. The front drive axles probably need to be replaced. It was also a couple months past due on the registration. I've swapped engines and stuff in the past but I don't have time for those kinds of projects these days. I just wanted it gone.
We didn't use it much but there are times you just need a truck. A lot of things just don't fit into the Miata. Also I've found a spare car is the height of luxury. Meaning if I was working on my car and needed a part, or that I had options for getting to work tomorrow. As much as we used it, it will probably be cheaper to rent the local HD truck at $20/hr than to maintain the spare vehicle.
I decided as the month started it would be gone by the end of the month one way or another. Even if "another" meant donating it to charity. We finally got a for sale sign on it middle of this week and a guy stopped by today.
We settled a little below my bottom line but all those troubles are now SEP (Somebody Else's Problems). And that has a value all it's own.
The SCSon also got a lesson in free market economics. He was upset the guy was getting it for less than my bottom line. But I explained this is how the free market works. We negotiated and agreed on a price. No one had a gun to his head. I wanted his cash more than I wanted the truck and all it's problems in my driveway. He wanted my truck more than he wanted the cash in his pocket.
And I now have some spare BAG day funds. I'm not really in the market for anything in particular. Perhaps we'll just invest it in some precious metals.
17 March 2012
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