mcheddadi wrote:
or if you got an extremely rare package/color combo for the car and an extremely rare and valuable mods to it.
Extremely rare to him is read "First and Only in the World"
Yea...with cars you will NEVER get the value out of them...unless they can become a collectors edition (which they won't, even if they only make it for 3-4 years). As you learned in your HS econ class...supply and demand drives price. Supply is not limited (The factory can always make one more)...demand is limited (Only so many 20-25 YOs out there with 20k to blow on a 200 HP Coupe)...so Nissan sets their price (20-25K) and then makes the supply to meet that price they already set...and demand is again just along for the ride.
I learned a lot about the true "value" (in terms of money) by collecting baseball cards...baseball cards RUN ebay...all the other junk on it just uses ebay as a "market place" not an Auction house...where as baseball cards use it for what it was designed.
Your car is only ever "Worth" what someone would pay for it. There are say...100,000 people that want a 2-5 year old coupe in North America. Of those 100,000; 75,000 are already Coupe owners, 200-300 are active on Nico (and 10 are active on that "other" site). (Edited in better numbers) Meaning the Mods in your car would be considered Value Added by less then 1% of the people looking to own a Coupe. To find that 1% who would pay the actual value is TOUGH, so you lower the price to entice the others who could care less (Care less people are about 20%)...and when you can't find those people you lower your price more to entice the people that see your mods and think "Wow, he drove the HELL out of this...I am not going to pay full price (about 79% of the public)". And THAT is the long version of why your car will be worth less with Mods and also why you will not get what you paid.
Modified by Curtieson at 5:27 PM 6/3/2009