He’s been fighting cancer and a failing liver for the past year or two. Well, last night he passed away. Hospice has been very helpful though, thankfully.
A little less than a year ago, he purchased a brand new corvette for “one last hurrah” (to take his mind off of it, since he’s been a long time corvette enthusiast/past owner). Him and my aunt aren’t in the best shape financially since he hasn’t worked in quite some time and she’s retired, but she couldn’t tell him no.
Now, along with medical bills and other expenses, she also has the car which I know she’ll take a HUGE hit on. I’m pretty sure it’s all paid off, so do you have any ideas on how to help her get rid of it, while still making out somewhat decent on the deal? The thing is pretty much in showroom condition… never seen rain or snow, always garage kept (VERY VERY low miles)
If you can hold on to it, store it for the winter and wait till summer. It will sell for quite a bit if its in good shape like you said and you wont have to take a huge loss. Not needing the money right away works to your advantage so you can get close to what you want for it.
I don’t think gas prices will factor into someone buying a vette (you don’t buy one for sick mpgs)…just post it in a few places and see if you get any bites…
+1. That’s where I’d start. There are always Vette guys looking nationally for mint condition Vettes like this. And even if it doesn’t sell it’s not like you’ve lost much. Set the reserve high and see what happens.
I think you’d have trouble doing a raffle because I’m guessing their are all sorts of tax laws in place to keep raffles like that in the non-profit organization category. While I feel for your aunt’s situation where she needs to avoid a huge loss on this purchase it doesn’t fall into the same category as most of the things I’ve seen vehicles raffled off for.
I tried to sell two cars on ebay, they jacked the rates up to 125 bucks, and the bids were very low.
Might be better off selling on autotrader or something, you would have to sell it for her, if she is an elderly woman, you don’t want her answering questions about the car, or yielding offers.
ok, thanks a lot guys. I’m going to talk with her and see how she wants to handle it. I’m just afraid that she’ll get low-balled to hell trying to sell it, and settle on a shitty deal.
first, I’m sorry to hear about this because I just did this with both of my grandparents a year ago and it not an easy thing. I was with my grandmother for 4 months in Hospice and those people are absolutely wonderful and I hope that your experience was the same. My family’s thoughts and prayers will be with you and your family.
Second, the first thing that needs to be done BEFORE you think about selling this car is find out whether it now belongs to his estate, your aunt or whomever because that will make a big difference. I’m going to assume that it belongs to your Aunt (if her name is on the title then she is now the rightful owner). I have plenty of contacts in Canada and that is the best place to sell it because you’ll get the most money there although selling it in the US is obviously easier. I want nothing to do with profiting from this at all so I will not buy it for resale. I don’t think that’s right or fair to your aunt that we profit from something like this. Selling it yourself will get the most money out of it so I think that’s the best move. I will have to look into the consignment rules so I’ll let your know if I can help there, I believe I can. I would love help you sell it if you’d like so let me know what i can do to help.