I was advised not to sell my '61

I talked to a couple of people but I was advised not to sell my '61 because I was told I would regret it. What I have is rare and do see very many today
Im glad you made the decision to keep it, and yes you definitely would regret getting rid of it!
 
I have heard many friends (in and out of the car side of things) say "Man, I wish I had never sold that car." So, I decided not to sell any of my cars, so I would not have to make that statement. NOW, it is time to liquidate. If I had "sold them" before, I could be having more fun now. LOL

Have to remember that earlier 1960s Imperials were 3rd place in luxury car sales, behind Cadillac and Lincoln. Not as many built when new, fewer exist now. Simple numbers.

Evaluate YOUR situation to see if keeping the car is advisable! I suspect that values might not increase that much in the next 10 years, so getting it readied for sale now can help reinforce any value it has now or later! Look in the www.Mecum.com website to see what they have been selling for, compare those cars to yours, and proceed from there.

Better to "decrease the fleet" earlier than later.

Your car, your dreams, your decision.

CBODY67
 
Another way to look at it depends on what you WANT for the car, not money but its future.

You apparently have a secure, dry place to store it and as you said, it is a very rare car.

Two things to balance is how much you currently drive it and if you become unable to drive it, will you just park it and let it sit.

A running - driving car will always deteriorate, but less so if it is driven. So many people tuck car like this away and it just rots. When the time comes to sell it, people want the full #1 price for a car that will need completely new rubber, fluids, ect.... Unless a buyer has deep pockets and really want this style of car, its going to sit and possibly just sold last minute to get it out of the garage as the house has to be sold.

Not to be mean, but younger people with $$$$ are going to buy a classic Subaru to fix up than work on odd ball type 1960's car. This does not account for European or an Aussie buyer.

If you really love the car (which you do) and want it to survive, and the decision it purely up to you, there is going to be a time to sell it while it is running to the next owner who will care for it like you have over the years or you park it, and deal with the possible scenarios above.

Example - my son bought his classic car this way. A guy really liked his base engine - convertible, but the people coming to look at it wanted to modify it, ect. My son told him he wanted to keep it as is and use it as a weekend driver. They guy sold the car to him, even though he could have made more money, but he really wanted the car to be cared for by someone like himself. They still exchange card at Christmas.

If your going to sell, find a local guy who will occasionally stop by and take you for a ride - win win.
 
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