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Safest place to park a SORN car long term worry free?

245

Comments

  • Cyclamen
    Cyclamen Posts: 709 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Car parks next to Housing authority places may have clauses in the tenants rent agreements stating cars can only be stored if taxed, insured etc.

    Neighbours often know whose car is whose and spot visiting cars.. they may keep an eye out for a car that appears to be dumped in one of their spaces.

    If their is competition for spaces, or residents have their usual spot it is even more likely to be discovered that a non resident is parking there.

    This doesn't sound like a good plan.

    Do any of your neighbours have space to store it whilst you sell it?
    They may or may not charge.. my neighbour uses my parking space out behind my garage as i don't drive and this way I feel safer with someone going round by the garage main door etc.. who can keep an eye on things.
  • bigisi
    bigisi Posts: 925 Forumite
    Yet another thread from the OP proving they live in some sort of parallel universe with a limited grip on reality.
  • waamo
    waamo Posts: 10,298 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    yokhdcb7slv11.jpg

    15 years sat outside. I'm not convinced it will be worth much
  • almillar
    almillar Posts: 8,621 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    'Investment' cars where a car is bought for £1000 and sold for £15000 sound great until you take into account inflation, storage and maintenance costs. You would need to start this journey with an empty, secure barn or something, not stressing over the SORN and insurance.
  • almillar wrote: »
    'Investment' cars where a car is bought for £1000 and sold for £15000 sound great until you take into account inflation, storage and maintenance costs. You would need to start this journey with an empty, secure barn or something, not stressing over the SORN and insurance.

    But this ones going to be worth fifty.:rotfl:
  • facade
    facade Posts: 7,635 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    waamo wrote: »
    yokhdcb7slv11.jpg

    15 years sat outside. I'm not convinced it will be worth much


    Is that a Pontiac Catalina?
    I want to go back to The Olden Days, when every single thing that I can think of was better.....

    (except air quality and Medical Science ;))
  • Aylesbury_Duck
    Aylesbury_Duck Posts: 15,724 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    waamo wrote: »
    yokhdcb7slv11.jpg

    15 years sat outside. I'm not convinced it will be worth much
    A bit of T-cut and that'll polish up.
  • alan_d
    alan_d Posts: 364 Forumite
    Sixth Anniversary 100 Posts Mortgage-free Glee!
    bery_451 wrote: »
    Park it on the road next to moving traffic :eek:
    Plus I can't afford insurance on the ST220 and all these expenses mentioned in this thread.
    So you're saying it's currently parked on a public road and NOT insured?
    Any car that sits outside for 10+ years will be covered in algae & rust and have seized brakes, likely stuck clutch and need all belts, tyres and flexible pipes replacing at a minimum. Remember you'd be selling it as a project for restoration!
    If you kept in a dry garage it would be worth more, but still will have been off the road for years and need significant work, and clearly the garage would cost you - probably more than the car has gained in value (if any).
    I'd suggest you sell it ASAP and hope you get more than £1100 !
  • missile
    missile Posts: 11,774 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 17 January 2020 at 4:54PM
    bery_451 wrote: »
    Park it on the road next to moving traffic :eek:
    Plus I can't afford insurance on the ST220 and all these expenses mentioned in this thread.

    I would suggest:
    Who would want an old Mondeo ST in preference to a newer Focus ST?
    Your estimate of it's potential for appreciation is wildly over optimistic
    Genuine classic cars e.g. Porsche 911 have fallen in value recently.
    If you can't afford insurance :eek: you should not have bought it.
    You will be really popular with residents who cannot find a space because your old banger is abandoned in their car park.

    Your £10,000 "investment" is actually a money pit.
    "A nation's greatness is measured by how it treats its weakest members." ~ Mahatma Gandhi
    Ride hard or stay home :iloveyou:
  • Belenus
    Belenus Posts: 2,758 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    But this ones going to be worth fifty.:rotfl:

    Fifty what?

    Pence probably. :D
    A man walked into a car showroom.
    He said to the salesman, “My wife would like to talk to you about the Volkswagen Golf in the showroom window.”
    Salesman said, “We haven't got a Volkswagen Golf in the showroom window.”
    The man replied, “You have now mate".
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