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Which PT car has a better resale value
Just wondering?
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Depends on your taste and the quality of work. :D In most cases, number 1.
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#1 in your examples for sure.
The more you spend on one-off custom stuff, the less pennies on the dollar you are likely to get later. |
Unless you put mustang stripes on a Camaro.... Priceless
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#1 would definitely get a better return on investment.
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Yup #1 as stated above, the more you spend on those custom mods the more you have invested in the car. Now you have less of a market to sell to because you have to get more for the car to move to the brake even point.
Just for the record building cars to resell is NOT a good place to make money. As I'm sure you know as you build it your taste and stile will go into the build, now you have to find someone that wants to own that car, not just like it as most will say (cool I like it) but do they want to own it?? |
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The GLM (gross loss margin) will most likely be better than #2. Build cost - Sale price = net loss / Build cost 90,000 - 60,000 = -30,000 / 90,000 = -33.33% 60,000 - 32,000 = 28,000 / 60,000 = -46.66% At least that's one way to look at it. The real value is your personal enjoyment factor in the project. :thumbsup: |
The venue matters as well. A stock presentation will sell better on Camaros.net, but at Barrett-Jackson Vegas, as an example, visual impact and extreme hardware can really bring in the big bucks.
I doubt the current owner of II Much is wondering about resale value while barreling across a desert road at a buck-twenty-five. "Does this spoiler make my butt look big...." |
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