View Full Version : How much is it worth? Mileage-based depreciation
I just wanted to gather your thoughts on a hypothetical situation regarding two 240SX's.
Let's say you have two S13 Hatch's.
1991, Black, 5 speed.
SR20DET with a new Turbo making upwards of 350 whp with supporting power, fuel, engine management/electronics, cooling, mods, with some basic interior, exterior, stereo, suspension, drivetrain and wheels/tires done to it.
No mechanical issues, no smoke, no leaks, no funny noises.
120k miles on the body and 50k miles on the motor.
How much would you pay for it? (I realize "it depends" will be a popular answer, but give me a range, a good range, not $0-$15,000)
Now take the EXACT same car, but with
220k miles on the body and 150k on the motor.
Now how much would you pay for it?
EDacIouSX
01-12-2007, 11:01 AM
pics would help. engine built like that... to a savvy 240sx person like 9/10g? But it's really hard to say since we dont know the type of coilovers body wheels tires turbo engine work etc etc. to a 240sx noob then can probably milk at most like 14k.
chibo
01-12-2007, 11:08 AM
pics would help. engine built like that... to a savvy 240sx person like 9/10g? But it's really hard to say since we dont know the type of coilovers body wheels tires turbo engine work etc etc. to a 240sx noob then can probably milk at most like 14k.
Who in their right mind drops 10k on an S13, let alone 14k? That's well into FD RX7, E36 M3, 1JZ SC300, IS300, and similar price range.
It'd depend on the car but I probably wouldn't pay more than 5-7k.
There are TWO cars in question here guys. Focus!
I need 2 prices.
chibo
01-12-2007, 11:20 AM
There are TWO cars in question here guys. Focus!
I need 2 prices.
Drop the price by 800-1300 depending on the condition of the higher mile engine, though I will say that I'd have to look at them both. I've seen 30k mile cars that are beat the hell up and 200k mile cars which are more or less mechanically new.
Wei240
01-12-2007, 11:23 AM
unless the mods in other stuff is extensive like good suspension, seats, wheels, etc
i'd say, for the first, it's probably within 8-10k,
2nd one, 6k-7k only because if it's used, abused, then it might need a rebuild, but since it's running and i'm assuming that the compression/leakdown is normal, it'll be around that range
my guesstimates are based on the average of what 240 owners (lowball central) and newb's (jump on the JdM HyPe bandwagon) would pay, ebay, craigslist, etc etc
of course the answer is, whatever the market will bear, haha
chibo
01-12-2007, 11:29 AM
unless the mods in other stuff is extensive like good suspension, seats, wheels, etc
I suppose, but outside JDM 240 LAND mods usually detract from value and at most are worth 50% of the initial investment. Consider you can get a decent S13 shell for 600-800 if you wait long enough, shitty coilovers for 800 new, MAD TYTE JDM 4 LUGZ for like 400, jdm steering wheel 100, ghetto stretched tires for 400 total, ebay turbo kit for 800, half blown sr20 for 1000, etc... they just aren't worth it in my mind, it's not like they're rare or anything.
GSXRJJordan
01-12-2007, 12:15 PM
It depends on whether the upgrades are "brand name" good stuff, or just something to get the car drifting on the track... that same car - low mileage - could go for $7k (if it really makes 350hp) with crappy (Megan/ebay/etc) stuff, or $11k with great paint and better parts. Point is, the higher mileage car could go for more with better parts, or about $1000-$1500 less if it has similar parts. Dont forget that no one will pay high dollar ( > $7000) for a car with shitty paint.
NemeGuero
01-12-2007, 12:37 PM
$5 for the higher mileage
$7 for the lower
Irukandji
01-12-2007, 12:50 PM
$5 for the higher mileage
$7 for the lower
I'll take both for $11 picked up
drift freaq
01-12-2007, 12:55 PM
This is such a random question. Lets look at this from a proper perspective. How is the paint on these cars? How is the interior or lack of :D? What kind of suspension? What makes either of these cars special?
Now a clean fresh custom paint, with a decent coilover suspension, and a nice SR with around 45k with the bolt ons? Having a nice body kit with Killer wheels? Could sell for $12k or it could sell for as little as $8k.
A high mileage chassis, stock paint with cheap coilovers and cheap wheels, a beat SR could go for as little as 4K. It would probably be a complete piece of shit not even worth looking at as well. Now a Stock chassis even with 200k on it,good paint in good shape with a decent 45k SR in it and a little suspension and wheels could sell for anywhere from 5-6.5k
What is the real purpose of your question? Do you come here to dream about what you want? Do you ask to speculate on a couple possible cars your looking at? Beyond what I have given you or you have asked specifically, the randomness involved in this excercise is huge. It has a lot of given variables that are not stated and have to be taken in a case by case situation.
I bet this confuses you just a bit more. lol
This is such a random question. Lets look at this from a proper perspective. How is the paint on these cars? How is the interior or lack of ? What kind of suspension? What makes either of these cars special?
Now a clean fresh custom paint, with a decent coilover suspension, and a nice SR with around 45k with the bolt ons? Having a nice body kit with Killer wheels? Could sell for $12k or it could sell for as little as $8k.
A high mileage chassis, stock paint with cheap coilovers and cheap wheels, a beat SR could go for as little as 4K. It would probably be a complete piece of shit not even worth looking at as well. Now a Stock chassis even with 200k on it,good paint in good shape with a decent 45k SR in it and a little suspension and wheels could sell for anywhere from 5-6.5k
Why is everyone trying to answer questions that I'm not asking? I said the EXACT same car with 100k more miles on it. If the paint is shtty on the 100k car then the paint will be shtty on the 200k car. EASY. If the paint is immaculate on the 100k car then the paint is immaculate on the 200k car. My question is not about the absolute values of the cars, its about the DIFFERENCE. Hence the reason why I said THE EXACT SAME CAR.
So if the paint is great on both then what? Suppose someone would pay 10k for the low mileage and 6k the high mileage. Someone else would pay 12k for the low and 8k for the high. Both of those people value the mods and the condition of the car differently, but look, they both put a 4k differential on 100k more miles on the car. I'm looking at how much mileage affects people's view of value on a vehicle. ITS IN THE TITLE OF THE THREAD, GOOD GRIEF I THOUGHT THAT'S WHY THREADS HAVE TITLES. To set the tone, subject, and direction of the post and following replies.
What is the real purpose of your question? Do you come here to dream about what you want? Do you ask to speculate on a couple possible cars your looking at? Beyond what I have given you or you have asked specifically, the randomness involved in this excercise is huge. It has a lot of given variables that are not stated and have to be taken in a case by case situation.
I bet this confuses you just a bit more. Lol
Well since you ask, you get the long answer. And no I'm "dreaming about what I want."
Here is my situation: I bought a CBR 600rr as a 2nd vehicle to my grocery getter sedan. I thought I would like it and ride it more than I currently do. If I sell it now, I'll be taking quite a hit on the depreciation, something close to around $0.50 per mile driven. As my second stab at a fun vehicle (and probably my last chance at a car that won't be influenced by having kids), I'm keeping an eye on what kind of financial impact it will have both now and in the future.
Hypothetical case:
Take two cars, both $30,000, both provide you the same amount of utility/happiness/value/satisfaction whatever you want to call it. Drive both for a few years, putting the same miles on both. The first was a Camry, after all the miles and years you've driven it, is now only worth $12k. The other was a Mark IV SupraTT BPU++, still worth $24k. You spent $30k initially but you are in two very very different financial situations after driving them both.
Take another hypothetical case with two cars:
Both $30k, both depreciate at the same rate, $24k after a few years. First is a Supra, the 2nd is an NSX. Insurance wants to rape you because the body panels are made of Aluminum and any replacement part for the NSX is so hiked up its not even funny. HYPOTHETICALLY, Insurance on the Supra is 800/year, Insurance on the NSX is 1800/year. Again you are in a very different situation after several years of driving both cars equal amounts of time and miles.
Yet another hypothetical case:
Two $30k cars, both depreciate to $24k, both have the same insurance, one is a Ram SRT-10, the other is an Accord Hybrid. Gas for the SRT-10 costs you an extra $2,500 a year.
And one last hypothetical case:
Two $30k cars, same depreciation, same insurance, same fuel economy, one is an FD Rx7 and the other is a Maxima. Without getting into too much detail, I think it goes unsaid that your cost of maintenance on an Rx7 over the life of several years and thousands of miles is going to be significantly higher than your average car.
My point is that there are a lot of factors that affect how much a car costs over its lifetime. I bet you a lot of folks look at a car, see the price on the window and their brain stops working there, and moves on to if they can afford the price. People should wonder how much will the car be worth after I am done with it, how much insurance will be, how much gas will cost, how much maintenance will cost and how often will that be, and can you afford ALL THAT? That's the real question. The sticker price is the tip of the iceberg.
Insurance costs I can determine out on my own, gas costs I can do on my own, even maintenance costs with a bit of research I can get a good estimate, but depreciation is largely determined by the market. How do you get in touch with the market. I think talking to current owners is a good start. Which is why I'm here in zilvia asking you about mileage-based depreciation.
NemeGuero
01-12-2007, 04:00 PM
Why is everyone trying to answer questions that I'm not asking? I said the EXACT same car with 100k more miles on it. If the paint is shtty on the 100k car then the paint will be shtty on the 200k car. EASY. If the paint is immaculate on the 100k car then the paint is immaculate on the 200k car. My question is not about the absolute values of the cars, its about the DIFFERENCE. Hence the reason why I said THE EXACT SAME CAR.
There are TWO cars in question here guys. Focus!
I need 2 prices.
Because, you fuckin' douche.. if the paint is good the car will cost more!
The question you want to ask is: How much more would you be willing to pay for a car with less mileage.
You want the price difference.. not 2 different prices.
Retard.
Retard.
Ok well if I say one car has 100k miles and another has 200k miles,
and one person replies 12k, which freakin one are they talking about.
then the next guy goes 12k is way too much, I say 6k!
They are obviously not reading the entire thread. I had to make it more clear to them what I wanted. They probably read the first 5 words in the title "How much is it worth"
Then they read the first half of my post: "An SR20DET S13 with 350hp and 120k miles on body and 50k on motor" then they answered."
I can't simply ask "How much more for a car with more miles" Because say you take a stock KA24 S13 all rusted out with 100k miles then a stock KA24 S13 all rusted out for 200k miles. I'm willing to bet you'll get $1,000 for the first one and $1,000 for the second, and that doesn't help me at all.
On the other end of the spectrum, say you have a 240 completely rebuilt from every last nut and bolt, bushing, weld, joint, carpet, glass, mirrors, body panels, paint, RB26 or whatever god-motor you want to put in it, fully built, crazy boost, widebody, carbon fiber with 0k miles on it, then one with 100k miles on it. What're the prices going to be? $30k and $28k?
I wanted to be specific in naming the mods on the car. I knew everyone was going to be trying to say "what mods what mods, depends on the mods, what quality of mods are there, depends on the mods on the 2 cars, depends on the installs, depends how they were modded" so I wanted to put that at rest by saying the cars are otherwise identical other than the miles.
But I also didn't want to write a freakin book, otherwise no one would read the whole post. I was trying to be concise but complete. Are you busting me out for that?
NemeGuero
01-12-2007, 04:47 PM
No.. I'm busting you out for first asking for 2 prices.. and then asking for a price difference.
ManoNegra
01-12-2007, 05:06 PM
Too many variables...
Myself, I wouldn't buy either. I like to fuck up.. err.. I mean mod my own shit.
A high school kid fresh off his first Drift event would give his left nut for either while person like myself that've owned various S-chassis wouldn't bat an eye.
Also, right now 240 are extremely coveted cars; who knows what the flavor of the month would be 100k down the line.
No.. I'm busting you out for first asking for 2 prices.. and then asking for a price difference.
In order to get a difference you need two prices. Besides, if the price difference 2k its very different if someone says 18k to 16k than if they say 4k to 2k.
One is 50% depreciation and the other is 11%.
I first asked for 2 prices because it gives me the whole picture. The more information the better. What I was really after was the difference, yes, but giving me JUST the difference can be misleading for reasons I stated above. I can WORK with a difference but I preferred two prices.
NemeGuero
01-12-2007, 05:34 PM
No. In order to get a difference... you need the value of the improvement. If all else is the same.
drift freaq
01-12-2007, 05:51 PM
Why is everyone trying to answer questions that I'm not asking? I said the EXACT same car with 100k more miles on it. If the paint is shtty on the 100k car then the paint will be shtty on the 200k car. EASY. If the paint is immaculate on the 100k car then the paint is immaculate on the 200k car. My question is not about the absolute values of the cars, its about the DIFFERENCE. Hence the reason why I said THE EXACT SAME CAR.
So if the paint is great on both then what? Suppose someone would pay 10k for the low mileage and 6k the high mileage. Someone else would pay 12k for the low and 8k for the high. Both of those people value the mods and the condition of the car differently, but look, they both put a 4k differential on 100k more miles on the car. I'm looking at how much mileage affects people's view of value on a vehicle. ITS IN THE TITLE OF THE THREAD, GOOD GRIEF I THOUGHT THAT'S WHY THREADS HAVE TITLES. To set the tone, subject, and direction of the post and following replies.
Well since you ask, you get the long answer. And no I'm "dreaming about what I want."
Here is my situation: I bought a CBR 600rr as a 2nd vehicle to my grocery getter sedan. I thought I would like it and ride it more than I currently do. If I sell it now, I'll be taking quite a hit on the depreciation, something close to around $0.50 per mile driven. As my second stab at a fun vehicle (and probably my last chance at a car that won't be influenced by having kids), I'm keeping an eye on what kind of financial impact it will have both now and in the future.
Hypothetical case:
Take two cars, both $30,000, both provide you the same amount of utility/happiness/value/satisfaction whatever you want to call it. Drive both for a few years, putting the same miles on both. The first was a Camry, after all the miles and years you've driven it, is now only worth $12k. The other was a Mark IV SupraTT BPU++, still worth $24k. You spent $30k initially but you are in two very very different financial situations after driving them both.
Take another hypothetical case with two cars:
Both $30k, both depreciate at the same rate, $24k after a few years. First is a Supra, the 2nd is an NSX. Insurance wants to rape you because the body panels are made of Aluminum and any replacement part for the NSX is so hiked up its not even funny. HYPOTHETICALLY, Insurance on the Supra is 800/year, Insurance on the NSX is 1800/year. Again you are in a very different situation after several years of driving both cars equal amounts of time and miles.
Yet another hypothetical case:
Two $30k cars, both depreciate to $24k, both have the same insurance, one is a Ram SRT-10, the other is an Accord Hybrid. Gas for the SRT-10 costs you an extra $2,500 a year.
And one last hypothetical case:
Two $30k cars, same depreciation, same insurance, same fuel economy, one is an FD Rx7 and the other is a Maxima. Without getting into too much detail, I think it goes unsaid that your cost of maintenance on an Rx7 over the life of several years and thousands of miles is going to be significantly higher than your average car.
My point is that there are a lot of factors that affect how much a car costs over its lifetime. I bet you a lot of folks look at a car, see the price on the window and their brain stops working there, and moves on to if they can afford the price. People should wonder how much will the car be worth after I am done with it, how much insurance will be, how much gas will cost, how much maintenance will cost and how often will that be, and can you afford ALL THAT? That's the real question. The sticker price is the tip of the iceberg.
Insurance costs I can determine out on my own, gas costs I can do on my own, even maintenance costs with a bit of research I can get a good estimate, but depreciation is largely determined by the market. How do you get in touch with the market. I think talking to current owners is a good start. Which is why I'm here in zilvia asking you about mileage-based depreciation.
Ok, I would so love to call you a...... right now, though Neme has taken care of that for me.
Your question, regardless of how you thought that title setup explained it had stated variables you threw into the picture when you made your hypothetical statement as well as your hypothetical statement having some unstated variables you over looked. I outlined the unstated variables for you.
I will break it down for you though. Plain and simple, because your explanation above throws way too many hypotheticals just to explain your point and is a complete waste of time and brain effort. Unless of course your a math major and these things are your idea of fun.
Plain and simple for your mind that is making the whole thing harder than it needs to be, is this......
The value of a stock low mileage 240 vs a higher mileage 240 is around a 500-2k spread. Yes its that broad. Again based on a lot of variables. Now throw your hypothetical bullshit out the window, because thats what it is.
Fact is a modified 240 has value period! Once someone has dropped a low mileage SR , RB , KA Turbo or whatever in the car, added suspension and other mods, including possible paint(or not if the stock paint is good still) the mileage on the chassis no longer matters. Especially if the chassis is straight.
That being said forgot trying figure a depreciation factor into a 240 hahhahhahhahaha. The cars sell for higher than the current blue book lists them for. Yes you throw a ton of mods at the car for street prices and not wholesale prices and guess what? Your going to lose money and not ever get out of it what you have in it. Thats the way the cookie crumbles.
You don't look at a car you love any other way. You buy it you fix it you enjoy it. If it appreciates congrats, if it depreciates well welcome to reality. Average joe does not come out ahead on cars.
I will add on last thing and then this thread should be locked.
If your trying to chase that last chance at a fun car get over trying to analyze the whole thing and just do it. Your wasting to much of the forums time and your time thinking about it to much.IMHO!
P.S. why do I know all this? Because I am known for selling clean 240's. :D
Plain and simple for your mind that is making the whole thing harder than it needs to be, is this......
The value of a stock low mileage 240 vs a higher mileage 240 is around a 500-2k spread. Yes its that broad. Again based on a lot of variables. Now through your hypothetical bullshit out the window, because thats what it is.
Well I'm glad that you're at least giving me a figure range, that's good. But you're talking about a stock 240. I outlined an SR20 350 hp 240 in the original post, which is what I'm looking for, and is vastly different than a stock 240. Since a stock 240 is so very difference in value/price than one modded like I described, opinions on depreciation of a stock 240 does little to help my cause.
Fact is a modified 240 has value period! Once someone has dropped a low mileage SR , RB , KA Turbo or whatever in the car, added suspension and other mods, including possible paint(or not if the stock paint is good still) the mileage on the chassis no longer matters. Especially if the chassis is straight.
Ok, great. I'm not disputing it. I agree with you. I don't think that anything I've said before would lead anyone to believe that I ever disagreed with the fact (or opinion) that a modified 240 has value.
That being said forgot trying figure a depreciation factor into a 240 hahhahhahhahaha. The cars sell for higher than the current blue book lists them for.
Yes I realize that, in my post above I said that I come to the market to determine market value. If Bluebook was even remotely accurate on aftermarket modified cars, especially ones with engine swaps, then I would have gone to bluebook for the depreciation figures, not to a forum. Trust me if bluebook was correct, then I would have used it and I wouldn't be posting here. But it isn't so I'm asking owners what I THOUGHT was a simple question about depreciation. Everyone wants to make this a whole lot more complicated than it really is.
Yes you throw a ton of mods at the car for street prices and not wholesale prices and guess what? Your going to lose money and not ever get out of it what you have in it. Thats the way the cookie crumbles.
I never disputed this either. Why are you turning the issue away from what I'm trying to ask? You are answering and arguing issues that I don't have any beef with. Of course cars depreciate, nearly anything with moving parts will depreciate, even lots of things that DON'T have moving parts do. Virtually all cars depreciate, and owners will lose money. I agree with this in full. I'm not sure why you think I don't.
I'm trying to mitigate losses, yes. But that doesn't mean I'm being unrealistic. If you turn a blind eye to depreciation then I think you're a fool. Price and cost are just as much a part of a product as distribution, how its marketed, how it performs, what brand it is. Price and cost of ownership should be of a very high concern to everyone. If you simply say "I love what I love, and I make no excuses. I also buy what I love and that is that." Then good for you, but its not a very wise approach for any financially sound purchases.
Just one more time let me make an example because it illustrates such an imporant point.
Two cars: both $100,000. After 5 years and 80,000 miles, one is worth $90,000 and the other is worth $30,000. They've been driven the same way, and they're in the same condition. If you don't think that the owner of the first car has $60,000 more in assets than the second owner, then you're a fool. They both paid the same amounts on their loans, but the first owner has so much more than the second. Cars depreciate at different rates. I think that's a very important concept to understand. That's why I've made this thread, and that's why I'm asking about the depreciation of a modded 240.
NemeGuero
01-12-2007, 06:23 PM
Its ok Dave. Guy's determined. hahaha
Try the water, Dave.. its really real.
Sil-Abc
01-12-2007, 06:23 PM
how about this. stop being an idiot and list out what the cars have.
value = (type of mods)(quality of mods) + (quality of paint) + (mileage) - (damages dings and dents)
ur asking a retarded question, thats like me saying "i have wheels for sale how much would u pay?" speakin of which i do and ill sell them to u for $1000
drift freaq
01-12-2007, 06:42 PM
Well I'm glad that you're at least giving me a figure range, that's good. But you're talking about a stock 240. I outlined an SR20 350 hp 240 in the original post, which is what I'm looking for, and is vastly different than a stock 240. Since a stock 240 is so very difference in value/price than one modded like I described, opinions on depreciation of a stock 240 does little to help my cause.
Ok, great. I'm not disputing it. I agree with you. I don't think that anything I've said before would lead anyone to believe that I ever disagreed with the fact (or opinion) that a modified 240 has value.
Yes I realize that, in my post above I said that I come to the market to determine market value. If Bluebook was even remotely accurate on aftermarket modified cars, especially ones with engine swaps, then I would have gone to bluebook for the depreciation figures, not to a forum. Trust me if bluebook was correct, then I would have used it and I wouldn't be posting here. But it isn't so I'm asking owners what I THOUGHT was a simple question about depreciation. Everyone wants to make this a whole lot more complicated than it really is.
I never disputed this either. Why are you turning the issue away from what I'm trying to ask? You are answering and arguing issues that I don't have any beef with. Of course cars depreciate, nearly anything with moving parts will depreciate, even lots of things that DON'T have moving parts do. Virtually all cars depreciate, and owners will lose money. I agree with this in full. I'm not sure why you think I don't.
I'm trying to mitigate losses, yes. But that doesn't mean I'm being unrealistic. If you turn a blind eye to depreciation then I think you're a fool. Price and cost are just as much a part of a product as distribution, how its marketed, how it performs, what brand it is. Price and cost of ownership should be of a very high concern to everyone. If you simply say "I love what I love, and I make no excuses. I also buy what I love and that is that." Then good for you, but its not a very wise approach for any financially sound purchases.
Just one more time let me make an example because it illustrates such an imporant point.
Two cars: both $100,000. After 5 years and 80,000 miles, one is worth $90,000 and the other is worth $30,000. They've been driven the same way, and they're in the same condition. If you don't think that the owner of the first car has $60,000 more in assets than the second owner, then you're a fool. They both paid the same amounts on their loans, but the first owner has so much more than the second. Cars depreciate at different rates. I think that's a very important concept to understand. That's why I've made this thread, and that's why I'm asking about the depreciation of a modded 240.
Ok, for how smart your pertending to be, your exceptional at missing the point. I made the point already that once a 240 is modified and in good condition the value is constant regardless of the mileage.
Your argueing the point here over a 16 year old car. A 16 year old at the average of 15k a year is going to have 240k on it. Mileage becomes a non factor in the value of the car. Especially a modified one at this point in time. Condition, period, starts to play a much larger role.
I stated that before. Though your desire to so mathematically figure out the possible depreciation of the cars value, or think that at this point in time, there would be a value difference on a two identical, equally modified low mileage engine cars just based on difference of chassis mileage just seemed to miss that point.
LIsten, I don't know who you are or where you came from, but the basic point is your an idiot if you think I am not aware of how a car depreciates at different rates. Different cars that is!! Not the same fucking model! If you think the same model of a car depreciates differently given the same condition then your lack of understanding of automobiles is huge.
Plus, you lecturing me on financially sound purchases? Well you just put your foot in your mouth.
In fact you picked the wrong person to actually argue that with. lol. I made the statement about, if you love the car buy it and enjoy it because basically all cars depreciate. Unless your in the business of buying and selling cars its really a non issue.
The Average buyer is going to lose on their investment in the purchase of a car period!
Now figuring out if you can afford the purchase or it is a wise purchase is a whole different aspect.
Thats on you and no else and only you can make that decision.
P.S. I stated there were variables on modified cars as well which would affect the value i.e. quaility of parts and whatnot. Though for the life of me, I wonder seriously why you are you putting so much effort into this. Its theoretical and most likely not reality based.
EndLeSS8
01-12-2007, 06:46 PM
$5500 for the first
$3700 for the 2nd
Wei240
01-12-2007, 07:10 PM
man, what a long winded thread, i didn't even want to bother skimming it...
either post your ride for sale and see what it fetches
or go see the classifieds/ebay/autotrader/craigslist and see what similar ones go for, they're all over the place nowdays
street240
01-12-2007, 07:38 PM
Honestly, without knowing what parts are on the car. We cant give you a good answer. Example: I can build a car using ebay and ssautochrome products or I can build one using ARC, HKS etc. Believe it or not the parts weigh in heavily.
NemeGuero
01-12-2007, 07:40 PM
LOL.. this is what he gets for not listening to us.
drift freaq
01-12-2007, 09:06 PM
man, what a long winded thread, i didn't even want to bother skimming it...
either post your ride for sale and see what it fetches
or go see the classifieds/ebay/autotrader/craigslist and see what similar ones go for, they're all over the place nowdays
guys he is looking to buy, not sell.
redsuns3838
01-12-2007, 11:57 PM
WTF....150K on the motor? thats a ticking timebomb....i wouldnt bother. now if it had 50K on the motor, well, without any info on the mods, I might pay as little as 6K or as much as 14K. like we all said. post the mods or quit bitching.
a car with shitty ebay engine parts, original paint thats flaking off, and a bunch of dings, rollin on OEM steeliez making 350whp I probly wouldnt pay much for.
with some nice aero fresh paint and quality parts rollin on works, id pay like 13 or 14K for it.
cars depreciate at different rates, and these rates are easy to estimate becuase most people dont mod their cars. start modding cars and your totally throwing a curve ball. all sorts of factors come in when you start modding the car or talking about buying a modded car. so i suggest u listen to what EVERYONE has told u and just list a damn parts list of an example.
a track car goes for less than a street car goes for less than a show car, even if they all have the same parts.dont u see that there are different factors in the depreciation value of the car. THATS what you arent understanding.
Though your desire to so mathematically figure out the possible depreciation of the cars value, or think that at this point in time, there would be a value difference on a two identical, equally modified low mileage engine cars just based on difference of chassis mileage just seemed to miss that point.
My first post in Red and Bold, lists that the Chassis AND ENGINE mileage have increased by 100k. Its not about the chassis. Its about the whole car, engine and all.
Ok, for how smart your pertending to be, your exceptional at missing the point. I made the point already that once a 240 is modified and in good condition the value is constant regardless of the mileage.
Your argueing the point here over a 16 year old car. A 16 year old at the average of 15k a year is going to have 240k on it. Mileage becomes a non factor in the value of the car. Especially a modified one at this point in time. Condition, period, starts to play a much larger role.
I stated that before.
I want to make sure I understand what you're saying. That if a well modified 240 is in good condition, the miles on the car CHASSIS AND MOTOR don't matter. I want to be sure that's what you're saying. Because I've been asking from the first post about the chassis and the motor together.
If that's what you believe then just answer the question like this:
"F=ma,
For a good condition 240 with 120k miles on the body and 50k miles on the motor, I'd pay the same amount as a 240 in the exact same condition, same mods, but with 220k miles on the body and 150k miles on the motor."
That's it!
EndLeSS8 said $5500 for the first and $3700 for the 2nd
So he thinks that there's $1,800 worth of depreciation over 100k miles driven.
NemeGuero said $5 for the higher mileage $7 for the lower
So he thinks that there's $2,000 worth of depreciation over 100k miles driven.
You say the same amount for both the first and second.
So you think that there's $0 worth of depreciation over 100k miles driven. (given that they're both in the same condition, which in my example, they are)
Good, thanks for your opinion. Your opinion is just your opinion though. I'm looking for alot of different people's views on the issue, because after all the market is what determines the price, not just me or just you, its everyone willing and able to buy one.
a car with shitty ebay engine parts, original paint thats flaking off, and a bunch of dings, rollin on OEM steeliez making 350whp I probly wouldnt pay much for.
with some nice aero fresh paint and quality parts rollin on works, id pay like 13 or 14K for it.
Right, so imagine in your head an ebay, dinged up, flaky paint, oem steelies 240sx with 350 whp. Imagine that it had 120k on the body and 50k on the motor.
Now tell me what you'd pay for it.
Now imagine the exact same car but with 220k on the body and 150k on the motor.
Now tell me what you'd pay for it.
That's all I'm looking for.
OR take your other example.
"with some nice aero fresh paint and quality parts rollin on works, id pay like 13 or 14K for it."
Ok take that car with 120k on the body and 50k on the motor. How much would you pay?
Now take that car with 220k on the body and 150k on the motor. Now how much would you pay?
Honestly, without knowing what parts are on the car. We cant give you a good answer. Example: I can build a car using ebay and ssautochrome products or I can build one using ARC, HKS etc. Believe it or not the parts weigh in heavily.
Like I said to redsuns. Just imagine one with ebay and ssautochrome parts on it and say what you'd pay for one with 120k miles on the body and 50k miles on the motor. Then tell me what you'd pay for that same car but with 220k miles on the body and 150k miles on the motor.
OR
Tell me what you'd pay for one all done up with ARC and HKS parts. First car with 120k on the body and 50k on the motor and the second car with 220k on the body and 150k on the motor.
usdm180sx
01-13-2007, 10:26 AM
Too many variables...
Myself, I wouldn't buy either.
+1
The first car is kind of iffy. Do you know who built and tuned the motor? The second car is out of the question. If you buy high mileage cars who knows how much abuse the cars have been through. You're gonna end up rebuilding the motors at some point anyway. Just build a motor yourself. At least you'll know what has been done to your motor.
No one else with their 2 cents?
Wei240
01-17-2007, 06:23 PM
i think people don't like too vague of a question,
i'd say go for lower mileage car,
only time i'd get higher mileage car is to rebuild/new project
Like I said to Redsunds and Street240, just imagine a 240 with an SR, imagine it with as specific mods as you want, down to the last screw, and color, give me a price you'd pay for that car, then add 100k miles to the motor/chassis and tell me what you'd pay for that car.
I'm giving YOU the freedom to imagine whatever car you want and everyone is getting their panties in a wad about it.
Kn1ves
01-18-2007, 01:56 AM
im done imagining. this thread is worthless.
just go get a kbb value, it gives you the option to add 100k more miles if you wanted.
http://www.edmunds.com/tmv/used/index.html
Kn1ves
01-18-2007, 02:03 AM
just for shits and giggles here's what I got when I entered ur crap.
A Red 1991 Standard 240sx Hatchback without any options w/ 150,000 miles and everything is OUTSTANDING condition.
Trade In? $625
Private Party? $1025
Dealer Retail? $1692
Same car with 250,000
Trade In? $338
Private Party? $738
Dealer Retail? $1405
I'll leave you to do the math (think percentages)
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