Biggest Loss and Biggest gain on a car for you personally?
08-12-2002, 10:26 AM
#1
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Biggest Loss and Biggest gain on a car for you personally?
Winners:
Shogun 002 of 007 made...had $20.5k invested and sold it for $23,500 (thanks CG).
I bought a used Rodeo one time, drove it for 1.5 years and sold it to friends of ours for $400 more than i had in it (including sales tax, registration, etc....)..... then they drove it for a year and sold it for another $1k beyond that (dickheads.... i was helping them out i thought).
Losers:
My Red S2000... i had for 2 full years and lost $8,622 just on the car, but another $1.5k lost in modifications (Beig) that i resold for much less than i paid.
Biggest one year loss.... 1998 GSR 4 door purchased new - lost $6.5k in one year (sold it with 15k miles for the red S2000).
Scot
Shogun 002 of 007 made...had $20.5k invested and sold it for $23,500 (thanks CG).
I bought a used Rodeo one time, drove it for 1.5 years and sold it to friends of ours for $400 more than i had in it (including sales tax, registration, etc....)..... then they drove it for a year and sold it for another $1k beyond that (dickheads.... i was helping them out i thought).
Losers:
My Red S2000... i had for 2 full years and lost $8,622 just on the car, but another $1.5k lost in modifications (Beig) that i resold for much less than i paid.
Biggest one year loss.... 1998 GSR 4 door purchased new - lost $6.5k in one year (sold it with 15k miles for the red S2000).
Scot
08-12-2002, 10:33 AM
#2
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Wins:
78 VW Bug-------> Bought for $ 1,100....drove for 4,000 miles, tore up the engine and transmission and was missing one seat....
-------> Sold for $ 1,150
Losses:
01' S2000 -----> bought for US$ 39,900 (SHUT UP, I DON'T WANT TO HEAR ABOUT IT)
-----> sold for about US$ 27,000.......(yes my ass is still sore)
78 VW Bug-------> Bought for $ 1,100....drove for 4,000 miles, tore up the engine and transmission and was missing one seat....
-------> Sold for $ 1,150
Losses:
01' S2000 -----> bought for US$ 39,900 (SHUT UP, I DON'T WANT TO HEAR ABOUT IT)
-----> sold for about US$ 27,000.......(yes my ass is still sore)
08-12-2002, 10:56 AM
#3
I have had dozens of losers but I do have a winner and loser I remember..
Winner..
1969 Fiat 124 roadster w/mods. Purchased for $1600 drove for a year and then wrecked it but collected a $800 insurance settlement and sold it for $1200.
Loser..
1985 Mustang GT convert. Purchased for $15,000 and used on the street and as a bracket racer, investing over $5,000 in mods. Sold after five years for $9,000.
Winner..
1969 Fiat 124 roadster w/mods. Purchased for $1600 drove for a year and then wrecked it but collected a $800 insurance settlement and sold it for $1200.
Loser..
1985 Mustang GT convert. Purchased for $15,000 and used on the street and as a bracket racer, investing over $5,000 in mods. Sold after five years for $9,000.
08-13-2002, 03:30 PM
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Wow $25k USD for a 97 ITR? And I thought I got a good trade in on my Type R! All $ below in CDN $.
-1972 Alfa Romeo Spyder (Used)
Bought for $2000, Sold for $4000
Spent probably close to $5000 fixing and maintaining it through the years.
-1988 Acura Integra RS (New)
Bought for $13000, Sold for $8000
7 years and 180,000kms
-1992 Honda Prelude SR (Used)
Bought for $15000, Sold for $12500
2 Years and 113,000kms
-1999 Honda Prelude (New)
Bought for $26500, Sold for $21000
2 years and 70,000kms
-2000 Acura Integra Type R (New)
Bought for $30000, Sold for $28500
2 years and 50,0000kms
-1972 Alfa Romeo Spyder (Used)
Bought for $2000, Sold for $4000
Spent probably close to $5000 fixing and maintaining it through the years.
-1988 Acura Integra RS (New)
Bought for $13000, Sold for $8000
7 years and 180,000kms
-1992 Honda Prelude SR (Used)
Bought for $15000, Sold for $12500
2 Years and 113,000kms
-1999 Honda Prelude (New)
Bought for $26500, Sold for $21000
2 years and 70,000kms
-2000 Acura Integra Type R (New)
Bought for $30000, Sold for $28500
2 years and 50,0000kms
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08-14-2002, 06:00 AM
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Winner: 59 Ford Galaxie with 300hp police interceptor paid $50 kept it for a few weeks and sold it to a friend of mine for $135 that's all he had on him.
Looser: 85 Porsche 944 paid around $27,000 new and sold it for $4000 17 years/170,000 miles later
Looser: 85 Porsche 944 paid around $27,000 new and sold it for $4000 17 years/170,000 miles later
08-14-2002, 06:14 AM
#9
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I don't have any winners.
'97 Ford Explorer V8... bought new for $33k. Sold a year ago for $10k to Carmax. Advertised for 2 months at $14k and not a single call.
'01 GTI VR6... bought new for $22k, sold for $19.5k with 9500 miles and after 7 months of use. Not dissapointed with the loss on that one.
'97 Ford Explorer V8... bought new for $33k. Sold a year ago for $10k to Carmax. Advertised for 2 months at $14k and not a single call.
'01 GTI VR6... bought new for $22k, sold for $19.5k with 9500 miles and after 7 months of use. Not dissapointed with the loss on that one.
08-14-2002, 07:25 AM
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Good thread!
Losers:
1990 Jeep Wrangler - Paid $5750 w/72k miles - put in a stereo, stainless hinges, etc (about $800 or so). Transmission blew, -$1200. Sold it with 101k for $5000. Could've been worse I guess.
1997 Maxima SE - Haven't gotten rid of it yet, but paid $17k and have put 50K miles on it to be at about 100k right now. Too many scratches dents and chips to count, would be lucky to get $6k for it on a trade right now.
Winner:
1984 Jeep CJ7 for $2400. Invested a few hundred in seat covers and black spraypaint and sold it for $4000 a year later.
Losers:
1990 Jeep Wrangler - Paid $5750 w/72k miles - put in a stereo, stainless hinges, etc (about $800 or so). Transmission blew, -$1200. Sold it with 101k for $5000. Could've been worse I guess.
1997 Maxima SE - Haven't gotten rid of it yet, but paid $17k and have put 50K miles on it to be at about 100k right now. Too many scratches dents and chips to count, would be lucky to get $6k for it on a trade right now.
Winner:
1984 Jeep CJ7 for $2400. Invested a few hundred in seat covers and black spraypaint and sold it for $4000 a year later.