An old woman answers, and you tell her you'd like to ask about the
old Chevy out in the barn. She tells the story you've been waiting to hear. The car
belonged to her son before he left for the war, and he never returned. "Would you be
interested in selling it?" you ask hesitantly. "What is it worth?" she asks. Your
heart is in your throat."250 bucks?" you reply. "SOLD". So you haul home the old
Chevy, put it in the garage, two years, 3000 dollars, and several cases of band-aids
later, you have a gem of an old muscle car worth $20,000! A rare story indeed. These
days, if you want to own a classic car, you're probably going to pay fair value for it.
Frank knows a family who owns a funeral home in the neighborhood. While doing some
cleaning out of the home's garage, they decided to sell off an old car that had been
sitting in there for many years. A yellow 1966 Chrysler Newport, 383, 4-bbl, auto, dual
exhaust and in remarkably good shape. Of course the car wouldn't start, so they had it
hauled down to the local garage for some repairs. An oil change, clean the carb,
replace some rubber parts, tune it up, the car runs great. Now to sell the car to
recover the 800 bucks spent to get it running.
Frank was offered the car for 2000 bucks. He didn't want it, but he recommended a friend
who did. The friend only had ½ the money, so Frank lent him the other half. The friend
couldn't repay the debt, and finally offered Frank the car to settle the debt.
continued...
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"Of course the car wouldn't start, so they had it hauled down to the local garage for some repairs."
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