Hi Guys,

I have a very original EH sedan. I have the opportunity to sell for $17500. It needs minor body repairs and a paint job to be an excellent example but presentation at present is very good considering its original paint. Mechanically and Interior are excellent.
I really don't know if I should sell I have no need to but it seems such a good price.
I don't want to sell and instantly regret doing so.
What do you think I should do?

Thanks Dr Terry what you say makes sense, its a 3 owner vehicle in above average condition but not outstanding condition. I was worried that selling price was under stating its worth particularly when I see the prices some people are asking but a good paint job would cost few thousand add that to my selling price and I probably would be getting a good deal.
I use it as my daily driver when I don't walk to work, which is fine a I live in a small quiet city in Tasmania but in winter its not so good as fogs up, wipers are slow, brakes (still drums) not so good on wet roads and fuel economy not good.
If sold I could get a near new modern car BUT in my heart I am finding it so hard to make the decision to sell.

I agree with Terry.
The money will dissipate quickly, particularly if you use it for a new or near new car, but the EH will be lost forever. It sounds like you really don't want to sell, but are tempted by the money.

If you don't need to sell it, then don't. Unlike a new vanilla flavoured car, out of the same jelly mould as millions of others, the EH will not depreciate in the medium term, so you will have lost nothing.

just a quick Question that may answer your question Mrtf:-
How many times over the years have you heard someone comment regarding your car, something along these lines -

"Nice car, I had one years ago, best car I ever had, Boy do I wish I'd never sold it"

This one is a no brainer, take the advice of the parade of people who now regret selling their pride and joy.
GM5735 is correct. You own an appreciating asset, not a DEpreciating debt.

Alby