View Single Post
Old 07-31-2011, 02:18 AM   #13 (permalink)
BrianMSmith
Enthusiast Member
 
Join Date: Dec 2009
Location: secret
Posts: 267
Drives: 370Z, Ducati 748S
Rep Power: 15
BrianMSmith will become famous soon enoughBrianMSmith will become famous soon enough
Default

A car is worth whatever someone else will pay. But generally no, a car always depreciates in value except for some very rare circumstances of rare or unique cars becoming highly desired by rich people with more money than sense, and the vehicle becomes a work of art rather than transportation.

If you got your car for a great price, odds are everyone else is too. Maybe you could flip your car for a few grand extra, but then you'd have no car, would you? And you'd have to buy another one, maybe even at a higher price.

I have heard of people buying junkers and putting a lot of labor into fixing them up cheaply, and selling them up.
BrianMSmith is offline   Reply With Quote