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Joined: Sep 2002
Posts: 6,106
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Addicted CEG\'er
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Originally posted by MapOfTaziFoShoââ??¢:
You have 15k into your car...holy poop! 
I THINK I am 15k in but including the cost of the car.
Just a guess. A lot of it has to do with the fact that the car was bone stock when I bought it(obviously, it was new). I've bought pretty much everything brand new, and back when these parts were $$$$$$$$$$$$$$. Hell, the cheapest 3L I could find at the time was $800. Had to pay some overnighting charges, and some labor. Hell, that probably covers any maintenance that I've done to the car, which hasn't been bad at all. The fact of the matter is, I've spent an ish-load of money on the car, and I won't see 1/5 of it in return. I think I'm going to get into real estate.
Mark
2000 Black CSVT
3.0L Hybrid - 206fwhp & 195fwtq
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Joined: May 2000
Posts: 1,336
Hard-core CEG\'er
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Hard-core CEG\'er
Joined: May 2000
Posts: 1,336 |
Originally posted by Y2KSVT:
Originally posted by MapOfTaziFoShoââ??¢:
You have 15k into your car...holy poop!
I THINK I am 15k in but including the cost of the car.
Just a guess. A lot of it has to do with the fact that the car was bone stock when I bought it(obviously, it was new). I've bought pretty much everything brand new, and back when these parts were $$$$$$$$$$$$$$. Hell, the cheapest 3L I could find at the time was $800. Had to pay some overnighting charges, and some labor. Hell, that probably covers any maintenance that I've done to the car, which hasn't been bad at all. The fact of the matter is, I've spent an ish-load of money on the car, and I won't see 1/5 of it in return. I think I'm going to get into real estate.
Mark
A car is NOT a monetary investment, it's a sentimental investment ... you will loose money 99.99999% of the time (unless you bought a concept from the manufacturer auction block and sat on it for 50 years).
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Joined: Sep 2002
Posts: 6,106
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Originally posted by fastcougar:
A car is NOT a monetary investment, it's a sentimental investment ... you will loose money 99.99999% of the time (unless you bought a concept from the manufacturer auction block and sat on it for 50 years).
Oh I couldn't agree more. I never purchased the car with the hopes of turning a profit. The thing is, my priorities are changing, and cars aren't on the top of my list. If I somehow land a higher paying job that allows me to do house mods and car mods both, without worrying about what my checking account looks like, I'll keep the Contour. Right now, I'm looking more towards the future, as opposed to the hour or two per weekend that I actually drive the car.
Mark
2000 Black CSVT
3.0L Hybrid - 206fwhp & 195fwtq
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Joined: Aug 2001
Posts: 5,810
Hard-core CEG'er
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Posts: 5,810 |
Originally posted by MapOfTaziFoShoââ??¢:
Originally posted by Y2KSVT:
Originally posted by obicanobi0:
house modding > car modding any day of the week!
Very true!
Brand new car: $20,000.00
Mods: ~$15,000.00
Resale of the $35k I have into this car: ~$8,000.00
House: $XX,XXX.XX 
House mods: 1/6th of purchase price of the house.
Resale of house: 150% of purchase price not even 3 years later. 
Mark
You have 15k into your car...holy poop!
I THINK I am 15k in but including the cost of the car.
He bought it new I guess, like I did.
I figure the $23K for a new car is used up if you drive it for five good years and out of the warranty period. AFter that its just gravy if it runs good with low repair costs.
To figure out what the car Is worth you have to have some kind of standard measure. So I total up the costs of mods only since I do all my own labor, and then cut it in half and add it to the current value of the stock car to get a "fair" value on it.
I too have probably $15-18K into this car over the years to including stereo mods. That = 7500-8500. Then figure it is clean, has a lot of little creative extra mods that increase its value, and with only 61K miles on it making it a low mileage car, all that equates to a full $6500 value for the car itself.
Former owner of '99 CSVT - Silver #222/2760
356/334 wHP/TQ at 10psi on pump gas!
See My Mods
'05 Volvo S40 Turbo 5 AWD with 6spd, Passion Red
'06 Mazda5 Touring, 5spd,MTX, Black
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Joined: May 2004
Posts: 4,270
Hard-core CEG\'er
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but will your house have the potential to run 12's?
~Alex
Ex- SVT Driver627
MUST SELL!!!LOCAL:
Pre-98 MOLDED trunk
Polk db speakers
Corolla parts
LED Underbody Kit
PM
2000 Green CSVT gone on 2/17/06
2001 Toyota Corolla (SHE RUNS!!!)
1989 Mustang LX 5.0
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Joined: Aug 2001
Posts: 5,810
Hard-core CEG'er
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Posts: 5,810 |
Originally posted by 5V7 Dr1v3r627:
but will your house have the potential to run 12's?
Well, out here in Alabama there are a few R*****ks with houses that just might be able to.. 
A few mobile homes with slicks on them 
Former owner of '99 CSVT - Silver #222/2760
356/334 wHP/TQ at 10psi on pump gas!
See My Mods
'05 Volvo S40 Turbo 5 AWD with 6spd, Passion Red
'06 Mazda5 Touring, 5spd,MTX, Black
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Joined: Sep 2000
Posts: 9,602
Hard-core CEG'er
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Hard-core CEG'er
Joined: Sep 2000
Posts: 9,602 |
That was good. Really good!
2000 SVT #674
13.47 @ 102 - All Motor!
It was not broke; Yet I fixed it anyway.
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Joined: Feb 2003
Posts: 98
CEG\'er
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CEG\'er
Joined: Feb 2003
Posts: 98 |
GIT-R-DONE
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