My dad has had a mustang since the late 70s. I have memories as a little kid riding around in it. He had it redone in the 90's. When I turned 16, he gave me the keys, and since then, it's basically been mine. They kept it while I was in college, and while I was overseas the last two years. My dad gave me the title earlier this year, but I've been paying most of the expenses for 8 years now.
Well, for insurance purposes, I have been looking into its value, and came across this:
http://www.nadaguides.com/Classic-Cars/1970/Ford/Mustang/2-Door-Fastback/ValuesIt's in really good shape. It has a few nicks and what not, but the paint looks great, the interior looks good, and it runs well. It's probably somewhere in between average and high, but even if it's "just" average, it's still $28k retail. I didn't really expect it to be that high. I certainly wouldn't pay that much for it.
I drive it once a week to keep it running well, and to get groceries (I use a motorcycle to get to work). I'm living in an apartment now, so it sits outside. I should put it under a cover more often, but only do it now and then.
The thought of selling it has come up before. It's one of those things I'd never think I would sell, so it's hard for me to really consider it. There's also a fair amount of emotional attachment.
Anyone have any enlightening thoughts?