What do you think the value of our cars will be in 5yrs?

All things Altima Coupe.
sammyboy
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Lets say you have a basic 2.5s or a 3.5SE and you do a lot of mods to it like exhuast, intake, lower it etc. How would you value your car from what you have in it today? I read somewhere that they will only be making the coupes for a couple of more years(i dont know if its true or not) so i would think the value of the cars could be more then whay you actually paid. Now that depends on miles and condition of the car too.


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LongBeachCoupe
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The coupe is here to stay IMO.

Doing modifications to the car lowers its value.

You will never get what you paid for the car back.

Zerep
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Unless your car is a show car with like 1000 miles on it sometimes they sell for more then the value of the car

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LinkNuc
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Mods can only decrease the value of your car, 5 year depreciation for a 2008 3.5SE is estimated at 11,010. with a new price of 25475 which puts it around 43%

Average deprication of 300 different makes/models has been calculated to be 46% of the car's value

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Rmuth25
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LongBeachCoupe wrote:The coupe is here to stay IMO.

Doing modifications to the car lowers its value.

You will never get what you paid for the car back.
And if someone doesn't believe you they simply need to go ask fox marketing!! Lol

Blackmobile
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look at the value of a 5 year old altima, the same amount of depreciation will probably apply plus or minus a bit. sedan or coupe doesn't really matter as long as the coupe doesn't get phased out, but as long as there's an accord coupe i don't see the altima coupe going anywhere

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mcheddadi
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Zerep wrote:Unless your car is a show car with like 1000 miles on it sometimes they sell for more then the value of the car
or if you got an extremely rare package/color combo for the car and an extremely rare and valuable mods to it.

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Bmore-coupe
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mcheddadi wrote:
or if you got an extremely rare package/color combo for the car and an extremely rare and valuable mods to it.

Curtieson
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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

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mcheddadi
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Curtieson wrote:Of those 50,000 Coupe owners, 200-300 are active on Nico (and 10 are active on that "other" site).
LOOOOOOOOOOOOOOOOOOL!!! too funny hahaha lol

but seriously, what you said doesn't work, if there are 50 000 altima coupe owners, why would I sell to them since they already have the car? lol

the way I see it. a pretty car is desirable, a fast pretty car is even more desirable. a car that can't be ordered anymore with the same option from nissan is even MORE desirable. It's like a special edition, first year edition or whatever. and you put a HLSD or turbo or whatever thats super desirable on it and BAM! supa star! lol

Curtieson
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There, changed the numbers for you

The problem is...it is available! We need to cut down the supply, and taking a car off the market doesn't do enough of that...it does make your car MORE unique...but not enough.

Baseball cards from the 50s-60s are RARE and cost A LOT. The reason is because 1) they stoped making them each card was made for 1 year only; and 2) because the supply has been cut about 95% of what it once was. Cards from 1988 are about 3 for 1 penny for a common, the reason? They made 100,000 of each one. A 1953 Mickey Mantle rookie is about $15,000 and they made about 200,000 that year and gave them out in candy...the difference? People threw away the cards before because they were free...and in 1988 cards were "valueable" so everyone kept EVERYTHING. You need to thin the supply of an un-replaceable object...

Basically what I am saying...for us to make our car "Collectable" and raise the value...9/10 of us must run our car into a poll on the way home

I call not it!

sammyboy
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There will always be that one sucker

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Hussain
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sammyboy wrote:There will always be that one sucker
this really is true lol i've seen people sell cars for way more then they should of gotten for them

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srwong
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Curtieson wrote:Baseball cards from the 50s-60s are RARE and cost A LOT. The reason is because 1) they stoped making them each card was made for 1 year only; and 2) because the supply has been cut about 95% of what it once was. Cards from 1988 are about 3 for 1 penny for a common, the reason? They made 100,000 of each one. A 1953 Mickey Mantle rookie is about $15,000 and they made about 200,000 that year and gave them out in candy...the difference? People threw away the cards before because they were free...and in 1988 cards were "valueable" so everyone kept EVERYTHING. You need to thin the supply of an un-replaceable object...
this reminds me, i have a whole suitcase somewhere in my house full of old a** baseball cards... i should probably find it and look through them... lol

Curtieson
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sammyboy wrote:There will always be that one sucker
HA! VERY True! And like I said, there are always those 10 on the "Other" site...just find one of them when you go to sell!


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