View Full Version : DSM Values
Kevin 1G Drummer
01-05-2006, 05:12 PM
people think that no matter what kind of car they have... for some reason they think that they can easily get back what they put into it in mods. it's pretty retarded.
TheBlizzard
01-05-2006, 05:57 PM
You basically have to look at it like this. If you mod the car for a hobbie, then thats just what it is 'a hobbie'. Most hobbies don't turn out to have any financial gains, unless you collect something that is worth a lot or is in high demand.
If you want to get out of your hobbie, your most likely not going to get your whole investment back. People think when they mod cars and then they decide they want out that they should get their whole investment back. Wrong. Cars are a bad investment from the get go, not to mention mods don't make the book/loan value any higher.
sleepydsm
01-05-2006, 09:34 PM
You basically have to look at it like this. If you mod the car for a hobbie, then thats just what it is 'a hobbie'. Most hobbies don't turn out to have any financial gains, unless you collect something that is worth a lot or is in high demand.
If you want to get out of your hobbie, your most likely not going to get your whole investment back. People think when they mod cars and then they decide they want out that they should get their whole investment back. Wrong. Cars are a bad investment from the get go, not to mention mods don't make the book/loan value any higher.
Can you tell that to everyone with a Nissan 240sx for sale?
You basically have to look at it like this. If you mod the car for a hobbie, then thats just what it is 'a hobbie'. Most hobbies don't turn out to have any financial gains, unless you collect something that is worth a lot or is in high demand.
If you want to get out of your hobbie, your most likely not going to get your whole investment back. People think when they mod cars and then they decide they want out that they should get their whole investment back. Wrong. Cars are a bad investment from the get go, not to mention mods don't make the book/loan value any higher.
I would actually believe that for the general public mods bring down the value of the car. Would you want to go out and buy a car you don't know a whole lot about that has a bunch of stuff done to it by someone you dont know? And then pay more money for it?
dsm10sec
01-06-2006, 12:17 AM
I would actually believe that for the general public mods bring down the value of the car. Would you want to go out and buy a car you don't know a whole lot about that has a bunch of stuff done to it by someone you dont know? And then pay more money for it?That depends if you still want the power or not, not if you have any idea of what's actually in the engine.
INTRIGUED
01-06-2006, 02:55 AM
Quiz:
What do you think a 98 GSX 70,xxx miles, Big 16g turbo, 3 inch turbo back exhaust, Eibach lowering kit, Engine rebuilt about 20,xxx miles ago, Brand new Mitsu ( not reman ) tranny put in at the same time. Not a spec of rust.. What would you expect to see that around?
Kracka
01-06-2006, 03:45 AM
$3k at most....have Andrew call me ;)
Honestly, I would say in the $8k range for his car.
Quiz:
What do you think a 98 GSX 70,xxx miles, Big 16g turbo, 3 inch turbo back exhaust, Eibach lowering kit, Engine rebuilt about 20,xxx miles ago, Brand new Mitsu ( not reman ) tranny put in at the same time. Not a spec of rust.. What would you expect to see that around?
It's all about the hold out.
The right buyer might be willing to spend 11-12k for that car depending on overall condition. A quick sale might only bring 6500-7500.
turbotalon1g
01-06-2006, 12:13 PM
i agree with dsmstyle. i payed $1700 for my '92, i should of payed $1200 or something, ask josh or john at LSE about it. Its quite a big piece, the problem is people like me. I was so desperate to get another DSM after 6 months that i would look at anything that i thought was a "deal". The car needed new water pump, even though i do all the t-belt stuff when i buy a DSM unless they have receipts. It also needs 2 new tie rod ends, driver lower ball joint, pass. axle, brakes. the body is kinda rough and the interior is ok.
But a friend of mine picked up a '92 galant VR4 for $500 in mint condition. he got it from a junkyard some guy brought it in to be scraped. (sorry for length)
INTRIGUED
01-07-2006, 06:20 PM
Well there is a 98 GSX for sale! PM for details! heh
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