[DML] Re: Car Storage options
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[DML] Re: Car Storage options



You need to have a contract. If something should go wrong you would
not have the car and maybe no rights towards the equity you invested
into the car. The car must also be insured. If there was to be a loss
(theft or fire) you could also lose your equity. A better way would be
to allow the owner to have a lien on the car just like a car loan.
That way you can have the car and use it. You just can't sell it until
you pay it off.
David Teitelbaum
vin 10757



--- In dmcnews@xxxxxxxxxxxxxxx, "Adam S." <AdmiralSenn@...> wrote:
>
> Okay, I have my lovely stainless baby that I'm buying from a private
> owner, and he's letting me make monthly payments on it. I'll get the
> keys when I hand over the last check.
> 
> This is working out great. 
> 
> Unfortunately, I now have a maximum of ten months before I have the
> car. Nominally, this is excellent news. But I don't have a place to
> store it. Originally, he was going to let me store the car in his
> aircraft hangar, but that has changed (I'm not sure why). 
> 
> We have a two and a half car garage, but there's already one car in
> there and fitting another would require getting rid of quite a few
> expensive tools. So my house isn't an option.
> 
> Does anyone here store their D's in mini storage or similar places,
> and if so how bad are the prices? (Obviously these will vary greatly
> between different places and different business, I just want a
> ballpark). I'm in South Florida on the beach, so I want to keep it in
> a garage or other solid structure where it will be safe from the
> elements and vandals, etc. Plus, insurance will be cheaper with a
> garage location. 
> 
> I need suggestions on where to keep it. Thanks in advance!
> -Adam
> #3416 in less than a year's time
>




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