Yesterday’s post got me thinking about financial responsibility and how we all justify this thing of ours. In most cases, obviously, there just isn’t justification for the money we spend on this stupid old stuff. You can talk about the appreciation of ’32 Fords or the investment side of collecting, but at the end of the day – if you buy or build any old car and then drive it regularly, you aren’t going to come out ahead in the end.
I’d argue that’s simply not the case. In fact, I know from experience that a very good way to get value out of an old car is to drive the damned thing every single day. Let me explain.
For almost a decade I didn’t own a car made after 1965. Instead, I avoided a car payment by driving whatever old heap I had at the time every single day. The best example I can give is my 1964 Ford F100. I drove it every day for five years