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car value

FWIW mine was appraised, for insurance purposes only, at $23,500 and is insured for that amount in an agreed value policy with State Farm.

If you get an appraisel done make sure the person doing it understands that it is either for insurance purposes or resale purposes. In my case I bet I couldn't get better than 50% of the appraised insurance value if I were to sell within the next 3-5 years. I look at the car as a long term investment at best. If its taken care of and maintained well, it's value will increase over time. Substantially I think too.
Will that increase outweigh the cost of up-keep? I don't know and don't really care to be honest. Just having it to enjoy has a value that cant have a dollar value fixed.
 
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