CK5
Register an account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members.

What to do, what to do...

Clod_King

1/2 ton status
Joined
Jun 7, 2005
Posts
1,094
Reaction score
0
Location
Grimsby Ontario
Okay, so I haven't been on here in a while. Due to the fact that I had to pull my truck off the road due to the high cost of insurance.

I could live with the money I make, and the monthly insurance payments, but it would be close all the time.

I also want to go to school next year, and the truck+insurance+rising gas prices= Chris out of money fast. So found a little BMW 318is to get to school and back wih a little bit of style. The car was only 750 bucks, and it needs work, but nothing I cannot handle.

So my big question for you guys is what to do with the truck??

Option A:

My buddy's dad stores his old GMC pickup in a barn around town. The barn has a new cement floor, and there are a few cameras (maybe only one). Plus the barn owner goes around to check tire pressure every month, and will fill tires to whatever psi is specified if they are low.

All that for a buck a day. And I can leave it there all year round.

Option B:

Try and sell the truck as a whole. The truck had a lot of work done to it. But I also destroyed any resale value by chopping the body to bits. It's completely streetlegal, but it's still needs more chopping, and welding to look right.

I asked for 3000 grand and got four or five hits. Three of which were trade offers. But since I already had a car I passed on these.

The add has been pulled, and might get reposted in a little while...

Option C:

Try and sell the important parts. I could part out the truck. The top end was redone, and it's a TBI, which the jeepers like. The truck also has a 700r4, which the jeepers also like for a 350/305 swap.

The truck also has 3/4 ton axles, and usable 35's. Plus brand new dual exhaust, so I could cut the mufflers, and cats out, and sell those seperately. And I also installed a set of hedman headers.

So there are parts I can sell out of the truck for sure. Plus whatever parts somebody might want off the truck.



I can always do option B, and then follow with the other options afterwards. But if a go with option A, then i am gonna cut off the roof before it goes into storage. I have been wanting to do that ever since I bought it...

Oh yeah, its an 89 suburban, with all the other stuff listed above, and then some. I have a link in my sig to the chopping of the burb.


I have always respected the opinions of the brotherhood, and I could use some help now.:bow::bow:
 
hard to say what option suits you best. Couple of them are pretty permanent for this rig anyway. Whatever ya do, don't do it till your sure. Once your there, go at it all the way and don't look back.
 
keep it, chop it, store it, wheel it when you get out of school. I have managed to keep my rig in a state of unusableness for several years between school and the army and have just now torn it apart again to start fixing everything I screwed up the first time, if you want to keep wheeling, don't sell it
 
I really want to chop the roof off. And the state that my truck is in, I don't think I'd get much for it.

Plus I have most of the parts to do a doubler with an SM465, and that stuff will be useless to me if I sell the truck.

If I sell the truck I'll just end up buying another one a little further down the road.

I'm leaning towards keeping it.
 
:yikes:

Keep it man. How much is insurance? I hope you are only getting liability. Paying for anything more would be a waste.

I could probably look into storage at that barn that I was using.

If it comes down to the short strokes definitely call me before doing anything rash.

Be cautious of chopping the roof, you will lose a ton of the body's strength, even the windshield will be at risk. Unless you put a ton of work into compensating for it.
 
Insurance is just shy of 500 bucks...

They put me on facility insurance. They are the guys that take the drivers no other insurance company will touch... Because of the modifications no one else will touch my truck. I am pissed about that, really pissed.

Jay, if you could find out about that garage, that would be sweet. I'll call you sometime soon.
 
Make sure to shop around for insurance. I got @%&ed years ago, by my insurance company telling me I need to go onto facility. NOT all insurance companies have the same determining factors as to when facility is required.

Also, I don't see why your mods should make ANY difference. If you have a valid safety that's the end of story.

You really need to do some more digging I think.
 
Can you PM me your insurance provider. I won't mention names I just want to try them out.

Ic alled around 30 different places. But most were big name insurance companies, or brokers... I'll try shopping around more.
 
Can you PM me your insurance provider. I won't mention names I just want to try them out.

Ic alled around 30 different places. But most were big name insurance companies, or brokers... I'll try shopping around more.

30?! That's nuts! Something's amiss here.

What hang ups are the companies having? I'd maybe be careful of the terminology you are using when describing the alterations you've made. And stress that you have a 'safety'.

While you don't want to lie, there is no point in offering them info that they can't decipher for themselves.

In a year (you should look into this) you could use 'collector insurance' I've got mine for the VW bus from Silver Wheels. They are knowledgeable on the topic of hobby cars.

I'll PM some more particulars that would just clutter the thread.
 
Thanks man.

Yeah i spent a solid week and half of lunches getting shot down on the phone... I think this time around I'll word things a little differently.
 
Top Bottom