Up-side down on cost
Thread Starter
Burning Brakes
Joined: Jun 2005
Posts: 1,132
Likes: 106
From: laingsburg MI
2020 C3 of the Year Finalist - Modified
Up-side down on cost
Dumb question time, but as i am dreaming & scheming of my future mods. Is there anyone outhere that could sell their modified vette & break even? Am I the only one that is upside down on cost?
Race Director
Joined: Feb 1999
Posts: 19,659
Likes: 34
From: Lenoir City Tennessee
Ci 6, 8 & 10 Veteran
St. Jude Donor '05-'06-'07-'08-'09-'10-'11-'12-'13-'14-'15
I have done so many mods to my car to make it to my liking. I am sure I have hurt the value of it in the long run but, I can live with that. So, yeah, I am upside down on cost. I can get in my car and drive it anywhere anytime and not have to worry about it leaving me stuck on the road. I like it the results, I think the car came out pretty good.
Pro
Joined: Aug 2003
Posts: 702
Likes: 1
From: Houston TX.
Mods or original, I think that most people, "UNless they got a very good deal" always get less then they paid. When people are trying to sell something, they will usally take less then they paid, not alway, but most of the time.
I bet there are very few c3's on this fourm that will bring more then they paid or have in it.
Most people looking to buy, look for the DEALS.
I bet there are very few c3's on this fourm that will bring more then they paid or have in it.
Most people looking to buy, look for the DEALS.
Melting Slicks
Joined: Aug 2003
Posts: 2,135
Likes: 2
From: Dayton Oh
You've asked a good question. For me, my 79 is more of a hobby than an investment. The mods that I've done have been more for my satisfaction than for planning on a return on investment. I don't think I'd get back what I've put into it but I've sure had a lot of fun along the way. 
Burning Brakes
Joined: Feb 2005
Posts: 977
Likes: 1
From: wash. dc
up-side down on cost
well i traded a 97 bmw 740IL and 8K a year ago... don't think i'm upside down yet and don't plan on any major mods at this point. just like to keep it as stock as possible but not NCRS stock...
Corvette Stories
The Best of Corvette for Corvette Enthusiasts
5 Best & 5 Worst Corvette Daily Drivers
Joe Kucinski
The Headlights of Every Corvette Generation Explained
Joe Kucinski
5 Best & 5 Most Overrated Corvette Track Packages of All Time!
Joe Kucinski
Every 2027 Corvette Engine Explained
Joe Kucinski
Designer Imagines A Corvette That Looks More Like a Corvette Than the Corvette
Verdad Gallardo
10 Ugly Corvettes That We Still Kinda Love
Joe Kucinski
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer
Brett Foote
10 Things Every Corvette Owner Needs (2026 Edition)
Michael S. Palmer
8 Most "Only Corvette Owners Understand" Quirks and Problems
Pouria Savadkouei
Thread Starter
Burning Brakes
Joined: Jun 2005
Posts: 1,132
Likes: 106
From: laingsburg MI
2020 C3 of the Year Finalist - Modified
I will add to my original thread. I could have bought another medium priced c3 for what i have spent on rebuild/ mods on my current one.
Melting Slicks
Joined: Mar 2003
Posts: 2,898
Likes: 0
From: Oklahoma City Oklahoma
Don't forget (and this goes for any brand car) that it's only worth what somebody is willing to pay for it. I've seen some crazy deals go down just because some guy/girl wanted a particular car. I sold a C4 on the forum last year to another member from Virginia. He flew to OKC and bought the car sight unseen. It was acurately represented. I made a small profit, but not enough worth mentioning. You just never know what's going to trip somebody's trigger. The first guy might laugh in your face at the asking price, and the next guy will fall all over himself, and not be able to pull the money out of his pocket fast enough
That's what makes the world go round! 
That's what makes the world go round!
Melting Slicks
Joined: May 2005
Posts: 2,143
Likes: 0
From: San Diego California
Originally Posted by rosslato
it doesn't matter to me. it's got my blood, sweat, tears and my $ in it and i did it for me and i'll never part with it until the bury me
its not an investment its for fun
Race Director
Joined: Feb 2005
Posts: 16,100
Likes: 17
I paid $11,000 in 1980 when it had just 9,000 miles on it. Since,just counting replacing parts,I have another $5000 or so in it...no mods...considering my insurance company letter on replacement value of $16,000,it is a draw...but not really..and it is a keeper anyway....
