My wife's beater SUV cost more than 50K, so it's all relative. The value of selling a car in mint condition vs normal condition is a few thousands at best. As long as the car runs, there is always a buyer.
I am on sports car #7 or 8, I have no problem trading in any of them even though they have all been abused one way or another. Even if they were mint, I am sure I won't get more than $1-$3K more for them. The difference is barely enough to buy a beater. Plus, do I want to drive around a beater when I have a new car that works?
The sooner you realize cars are passions and not an investment, you will enjoy your car even more.
Quote:
Originally Posted by LMBmikeZ
lol here in Canada it's around $50K! So that's a little different.
also keeping a car in the garage to keep it in better shape sounds like great financial planning IMO. Means yo don't have to replace a sports car every 5-10 years
|