View Poll Results: Car's Value vs Your Investment
Investment is more than car's value.
32
68.09%
About equal.
4
8.51%
Value is more than investment.
4
8.51%
Don't know, don't care, doesn't matter.
7
14.89%
Voters: 47. You may not vote on this poll
Your Car's Value vs Your Investment
#1
Your Car's Value vs Your Investment
Do you think your car is worth what you have invested in it?
1. I've invested more than the car's value.
2. It's about equal.
3. So far I'm ahead of the game - my investment is less than it's value.
4. Dont know, don't care, doesn't matter.
1. I've invested more than the car's value.
2. It's about equal.
3. So far I'm ahead of the game - my investment is less than it's value.
4. Dont know, don't care, doesn't matter.
#2
I never understood the point of spending more than the cars value to upgrade it for a DD. For a hobby car absolutely but for soemthign you will eventually turn around and sell (and lose) money on, I won't go overboard. 2-3K in mods and that's it. I'll never get that money back or the deprecitated money on the car.
#3
I saw a 66 on a lot the other day, the asking price was $14,900.
Paint and Body - C
Motor 351W - B (in my opinion)
Interior - B (looked good fit and finish had air)
So if that car could fetch $15k I have set my budget for my 65 289 coupe to $10k minus tools cause i am sure I will reuse them again in the future.
Paint and Body - C
Motor 351W - B (in my opinion)
Interior - B (looked good fit and finish had air)
So if that car could fetch $15k I have set my budget for my 65 289 coupe to $10k minus tools cause i am sure I will reuse them again in the future.
#5
I'd guess my investment is roughly the same as the value, including purchase price and accounting for appreciation. That said, I don't plan on selling it to make money, so I don't care so much. I want it to be what I want it to be, regardless of the resale value.
#6
I know we'll have $20K+ in a $12-$16K car with our I6 to V8 conversion.
You know? I don't care though.
The experience is worth it and is priceless. I wouldn't change one thing how we are doing it one single bit.
Lynn
You know? I don't care though.
The experience is worth it and is priceless. I wouldn't change one thing how we are doing it one single bit.
Lynn
#7
I never understood the point of spending more than the cars value to upgrade it for a DD. For a hobby car absolutely but for soemthign you will eventually turn around and sell (and lose) money on, I won't go overboard. 2-3K in mods and that's it. I'll never get that money back or the deprecitated money on the car.
#10
I have a folder of receipts that would choke a billy goat. I never plan on adding them up and I'm sure I'm upside down on the car but I could care less. I have owned the car for 27 years and never plan on selling it.