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Old 07-13-2017, 01:10 AM   #11
clyde
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Fix it and keep it. Or sell it at book value to a teenager in need
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What are you gonna do?
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Old 07-13-2017, 08:16 AM   #12
John V
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If you've got the space, keep it. It's a nice in-between car, and since you have the time and talent to keep it running, the benefit from keeping miles off the Porsche on shitty days probably far outweighs what you'll spend maintaining it.

Alternately, fix it up, do a thread like you did for Matt's car, and list it for (relatively) big $$$. I suspect you could get top-of-market for the car, given the way you take care of and document things, and if you don't, keep it.
Yes, I think the value of it as a "shitty day" car is greater than the book value or likely market value.

I hear what you're saying about fixing everything and putting it up for sale with a big number on it, but I don't sense that the market would bear that for this car. One reason being the mileage is too high - when we're talking about a low mileage example (like my buddy's '04 STi) I think that approach works. But when mileage approaches 200k I sense people shy away no matter how well the car drives and looks. I can understand because I have the same psychological block when I'm car shopping.
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Old 07-13-2017, 08:38 AM   #13
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But then what would I do with the rest of the money?



Forget the money you'd get by selling. How often would one of you drive it? Do you care about the extra car sitting clogging things up?

Personally, I don't like having only the two ends of the spectrum (boxster + truck, Cayman + wagon, etc). I value having that middle-ground car.

But keeping a car you don't use is a pain in the ass and isn't worth it. So... will you drive it?
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Old 07-13-2017, 09:30 AM   #14
wdc330i
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It sounds like he already is driving it pretty frequently.

Funny to consider that our M240i is the middle ground car of the fleet. But coupe/sedan platforms are great for that purpose. It's really their strength.
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Old 07-13-2017, 09:35 AM   #15
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Funny to consider that our M240i is the middle ground car of the fleet.
No, it's exactly perfect for that!
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Old 07-13-2017, 09:50 AM   #16
equ
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Keep it.

The backstory is how (over a decade / decade and a half) many on this forum moved from a one car solution (zhp/m3/something like it) to a two car solution (2-seater + big) to now a three-car solutions with a "middle ground" car which ends up being like the first car in the one-car solution after all.
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Old 07-13-2017, 10:06 AM   #17
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How are the secondary expenses, such as insurance, etc? If the cost to keep it is low and there's not something that's ~$6k in value (like a motorcyle) you'd rather have, then keep it and minimize the wear and tear on the boxster.
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Old 07-13-2017, 10:28 AM   #18
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Keep it.

The backstory is how (over a decade / decade and a half) many on this forum moved from a one car solution (zhp/m3/something like it) to a two car solution (2-seater + big) to now a three-car solutions with a "middle ground" car which ends up being like the first car in the one-car solution after all.


So true.
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Old 07-13-2017, 10:39 AM   #19
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What will you get out of it that you need right now vs. a few months/year from now?

If it were me, I'd keep it for at least another few months or until the next registration bill comes. By then, you will have an idea if you can go without it and just get a gauge on how much you're actually driving it.

I'm in the same predicament with my old '99 CR-V, but your MS3 is a lot cooler and has at least some value and doesn't need check engine lights cleared every month or so... My wife got her new CR-V in November, and we kept the old one as a winter beater. It's now mid summer and can't bring ourselves to get rid of it for those odd times we might need it. I felt like we've used it a lot for hauling random crap and my father-in-law borrowed it a couple times. When I looked at the odometer, the reality is that we've put less than 500 miles on it since Christmas... but it's a third car and it doesn't hurt to have alternatives. I'd say keep an eye on the odometer to see how much you are actually driving it. If it's more than a couple thousand miles per year, there's no way I'd get rid of it.
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Old 07-13-2017, 11:01 AM   #20
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So true.
Don't forget the 8 car solution.
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