Quote:
Originally Posted by Ryland
Every car I have owned has gone up in value while I owned it, if I subtract gas from the cost of owning my current civic but include all the parts I've put in it I could sell it and come out ahead, same with every motorcycle I've owned, my crx, my electric car, even the Tomos scooter that I bought brand new are currently selling for more then I paid (discontinued model), but part of that is that some of us looked ahead and felt that a car should get good gas mileage no matter the price of gas so we bought them when the price was low, now is NOT the time to "invest" in a car that gets good mileage, 2-5 years ago was the time, in the last 4-5 years the value of electric cars like mine have gone up but nearly ten times, value of a metro has doubled or tripled, value of my civic has more then doubled in the 3 years and 50,000 miles I've owned it.
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That is impressive, I'll assume you don't count a big $/hour figure for all the work but coming out ahead in the rust belt is tough. I guess if you bought 5 crx's even 2 years ago and fixed them you could make a $1000 on each.
Here, anything with a honda or toyota badge is stupid expensive, uncertified 95 honda's needing brakes with rust holes in them are still $2000...
I don't really know what I'll replace my Neon with when the time comes, a diesel VW is tempting and with higher diesel prices they aren't too expensive yet. A 1998ish 5 speed SOHC Neon is tempting though too. Cheap car and parts and good mileage plus does OK at autocross.
Ian