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MODs: An Investment or what?

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Old 09-24-2009, 06:25 AM
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Real estate [been veddy veddy good to me]. ;

You can never lose on real estate as long as you acquire in a buyer's market (e.g. now) and can afford to wait for a seller's market (e.g. a few years hence). And of course location, location, location. People have to live somewhere, the population is ever increasing, and good locations typically remain so.

The only way you can make money on vehicles is to have kept a model, for a long time, that collectors will ultimately want. In the late 60's I would never have guessed some of the muscle cars that are fetching good prices today, but then that was a long time to wait for an ROI!

Originally Posted by User24
It may not be an investment, but hell what is? Name it I've lost money on it. Gold, real estate, stocks, IRA, all bigtime money losers. Nothing is an investment, everything is a money hole. The only lasting value is primary function.
Old 09-24-2009, 10:17 AM
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Originally Posted by User24
It may not be an investment, but hell what is? Name it I've lost money on it. Gold, real estate, stocks, IRA, all bigtime money losers. Nothing is an investment, everything is a money hole. The only lasting value is primary function.
hope you have not lost monies on women! esp wifes
Old 09-24-2009, 12:32 PM
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This car like many others is not an Investments... The depreciated value shows that. Whatever you do choose to do to the car make sure to keep the OE parts when selling the car. That's the only way to get any type of money back for anything that you had put into this car.
Old 09-24-2009, 03:02 PM
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A modified car is worth less to the general public.

They will stear away from it.

Same with dealers.
Old 09-24-2009, 03:17 PM
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Originally Posted by Hoss
But it seems to work backwards for rotary cars...

Used FD's sell for the same price, if not more(for cars in worse shape), than SE3p's...

And even old FC's sell for more money (comparatively) than our cars...
Well the FD's price dropped when the 8 came out and the 8 was overpriced and that coupled with the reliability problems has led us to the current value problem.

The guy I bought my car from lost over 10k not including interest. and only put 10k on it. Plus that was before the engine debacle.
Old 09-24-2009, 05:27 PM
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When I bought my 04 the sticker price was ~$32K (6MT, Touring, Sport). With 86K miles and several mods what's it worth now? Maybe $9K. Yes, that does sting a little but I could care less. It's paid for and I plan to keep on modding and driving it forever. Also as far as modding goes, I personally enjoy doing all the work on this car myself. Kind of like a hobby.
Old 09-25-2009, 07:40 AM
  #32  
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Originally Posted by 9krpmrx8
Well the FD's price dropped when the 8 came out and the 8 was overpriced and that coupled with the reliability problems has led us to the current value problem.

The guy I bought my car from lost over 10k not including interest. and only put 10k on it. Plus that was before the engine debacle.
+1 This can also be seen in the sticker price from 04-09. The prices within various trims have stayed the same, if not gone down. It seems Mazda has a surplus of the 8 and will make a deal for the sale. I've seem people getting new 8 for under or around invoice. Plus the incredible rebates Mazda has offered (bought mine with a 3500$ rebate plus the buying under invoice). So, if there are any new buyers out there reading this thread, make sure to battle it out with the dealer. Odds are you will drive an 8 off the lot for much less then the ole stick says in the window.
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