Project Management

In reply to EvanB:

Would a 242 or 164 catch your attention?

Yes to both. I've got $1500, what do you have running?

skunkman wrote: For me though, it's a sense of 'look what I did, I turned nothing into something'.

With all due respect, you have not done this.

You turned nothing into nothing.

Actually you turned something (the money you had before you bought these cars) into nothing, and are continuing to make it worth less and less while you pay rent.

You have effectively turned something into negative. You are paying for the privilege of having nothing.

I'm not trying to get down on you, I've done it too. But wake up, man! Cut your losses on most of the crap so you can actually have the opportunity to get the enjoyment of turning nothing into something.

Are you having fun?

SVreX wrote: I'm not trying to get down on you, I've done it too. But wake up, man! Cut your losses on most of the crap so you can actually have the opportunity to get the enjoyment of turning nothing into something.

QFT.

and it's likely this rings true to most of us on this board...

Ian F wrote:

SVreX wrote: I'm not trying to get down on you, I've done it too. But wake up, man! Cut your losses on most of the crap so you can actually have the opportunity to get the enjoyment of turning nothing into something.

QFT. and it's likely this rings true to most of us on this board...

I've been through it all ready sitting on a rusted out MR2 for 3 years before letting it go to the junker. I'm a 1 project car at a time guy, not hardcore enough for the "keep 3" plan.

I would start by cataloging the current inventory, which would be a project in itself. list by car, what each would require to be "done," include a realistic cost out in time and labor. the master list will help you decide and put the facts in front of you when its time to sell. then go through the pages, pick out the one or two, no more than three projects you really want to keep. if the labor and cost is more than you have on hand, you can go through and pick a few less intensive projects you can do in a short time and hit them first. sell those and use that to support the keepers. anything thats left, in your case this should be over 20 cars,should be sold as is, best offer. As hard as it may be, forget about how much you paid, or all the hours you put in already, what you have now is effectively worthless just sitting there rusting away. So anything you get for them, goes in the "i made money" category.

set a time line, and a hard date for each project, no matter how large or small. allow your self maybe two or three exceptions, anything beyond that goes to the sell as is page.. if you find you cant part with the majority of the vehicles after all that, go see someone for help. its okay to be a little apprehensive or wish you didnt have to part with them, but if you really cant do it, help is needed...

good luck!

SVreX wrote: You have effectively turned something into negative. You are paying for the privilege of having nothing. I'm not trying to get down on you, I've done it too. But wake up, man! Cut your losses on most of the crap so you can actually have the opportunity to get the enjoyment of turning nothing into something. Are you having fun?

This.

My buddy Alan, whom I call Devilman for his ability to find cars I WANT NOW, has what he calls the "Hedonistic economics" of deciding what car projects to keep and/or prioritize. I.e., how much does it cost to get it up and running vs. the frustration of getting it there vs. the amount of joy you get out of it once it's there.

Are you having fun? Sounds like you're not. I'm with the folks who say keep the top X # of cars and sell the rest off. Personally, I have found three cars to be my limit: 1 daily and two projects. Once I hit four cars, I get frustrated/stressed/worried and nothing gets finished.

Definitely make a spreadsheet and evaluate what you have in the car, but more importantly, add a column for joy factor and rate the cars on a scale of 1-10, 1 being the minimum amount of joy since you did buy the car, 10 being the one you absolutely know in your heart will put a smile on your face every time to push that accelerator. Anything below a seven goes. Then look at the 8-9-10s and do the hedonistic calculus...

Good luck, man!