A lost cause means owning a declining asset.  I don't expect to retire from
the proceeds of disposing of my W123 wagons, but then again I believe they
will probably hold their own in value due to their great practicality and
comparative scarcity.


On Mon, Nov 14, 2011 at 11:58 AM, Randy Bennell <rbenn...@bennell.ca> wrote:

> I know that many of you are essentially bottom feeders when it comes to
> vehicles, and I mean no disrespect when I say that as I tend to fall into
> that category to a great extent myself.
>
> The question for you is essentially, when do you call it a lost cause?
>
> There has to be a time when a vehicle ceased to be worth putting money
> into it. How do you decide at what point that happens?
>
> I know that some of you firmly believe that a 123 wagon is the state of
> the art in the auto world etc but beyond that sort of blind devotion, what
> makes you continue or not continue with a vehicle?
>
> My younger son works as a mechanic in a shop that caters to people with
> more money than brains when it comes to "classic"  vehicles and maybe that
> causes me to think more about some of this.
>
> I have my 76 115 300D and know that whatever I put into it  has to be for
> my enjoyment as I will never "make money" on it.
> The same goes for my 02 F150 Supercrew. I really like it and so far it has
> not cost me a whole lot but it is about 10 years old and has over 150K
> miles on it so cost must mount over time.
>
> I have been thinking about another car but am really reluctant to spend
> big dollars on something new  or even "newer" so I have this mental
> dilemma. Am I crazy to get involved in something that will no doubt cause
> me some grief???
>
> Having re-read what I typed above, I womder if I am getting my point
> accross?
>
> I guess what I am hoping for is a bit of an ongoing thread with opinions
> by many of you setting forth your own philosophies on this sort of thing.
>
> Randy
>
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