suby- omg im so glad i got out of that how i did:(
17,000-car(thank you mom and dad for the bday present)
20,000-parts/labor/fines/fees/time/omg it was hell(thank you Lancaster Country Club members with lots and lots of money. haha, cash/tips/under the table is incredible. cant wait for this summer, im going to be doing two rounds a day, instead of one)
sold for 16K cash. and i got out easy
saab-stock is actually fun!
12K cash for the saab
350 in used tires
soon to be 700-1500 in suspension/torque steer reduction
but i like my car, and it’s worth to me what i have in it. it’s a 1994 4.6 thunderbird i bought in ohio 2 years ago at 44K for 4,500… i’ve replaced the trans, put a shift kit in it, tint, flowmaster exhaust and aside from that, just a couple basic tuneups and maintenance. had to have the u-joints replaced once… but i’m at 98K right now, and overall - pretty pleased with it. it’s been fairly quick (i do mean fairly - not FAST) and fun to drive, and used to get a lot of compliments til someone smacked it on the side. it still does… til people see the smack
i mean, i dunno - cars aren’t really investments. you try not to get eaten alive by how much it costs to initially buy and maintain them throughout their lifetime - and mod them.
The way I see it, is that it’s what I really love to do. I know I can get SOME of the money back IF I were to sell it, so in that respect it’s not a complete waste of money. But I really enjoy the car, and enjoy modifying it, and doing new things with it. Honestly it runs and drives as new, with all the stuff that’s been done. Maybe in the future I won’t modify other cars to the same extent I have with the MR…but I prob. still will, haha. The next car should be a Lotus Esprit. We’ll see…
Just to add a little obnoxious perspective… The average GDP per capita in Mexico was a hair over $10,000 USD. So a lot of you have invested in your cars well over what the average Mexican will make in 2 years. :tup:
i disagree with the people that say that a car is not an investment. in the end, you are still tying up a chunk of your money into something. why not be able to make money with that investment. im 20 years old and have owned approximately 10 cars ( give or take 2, i dont feel like listing them out in my head…5 of them were/are SHOs). i have never lost money on any of the cars i have bought except my one SHO that i bounced off a semi head on. When purchasing a car, my first and foremost thought is resale, and how much money i will MAKE when selling.
well, it depends on what kind of car u get and how much value it will hold.
for example, my truck is wort about 10 grand according to the blue book. a non-R/T version of my truck equipped the same otherwise (2wd club cab 5.2 V8) worth about 7 grand. this a a somewhat poor example though. something better would be, lets say a 02 WS6 Trans Am. they sold new for about 35 grand, and u see them for sale all day long at close to 30 grand for a 4 year old car. theres certain cars (camaros, vettes, mustangs, supras, rx-7s, 300ZXs, etc) that will always be worth something more than the average car.
now, take a pontiac catalina (best thing i can think of right now): wasnt really worth much back in the day, still inst worth much now. or take an old school civic (or any civic, for that matter): wasnt worth much when it was new, still isnt worth much now, wont ever really be worth much.
my point is that certain cars are more likely to hold thier value than others. the ones that are gonna be worth more someday are worth sinking money into, thse that arn’t are not unworthy of sinking money into, it’s jsut that u r doing it more for your personal enjoyment of the car than anything else
:tup: