Please TELL me why everyone on CL wants 2x for their 2000 Civic hatch?
- Thread starter moebiius
- Start date
Just because you dump $10,000 into it, dosent mean the car is worth $10,000. Cars are worth the MOST in 100% stock form. Im trying to sell my 00 sedan for ~$2300. If I swap an H22 in that I payd $4000 for, dosent mean I can sell my Civic for $6000. Its not the way the everyday person see's it. Maybe a person who's into imports, who has money to blow will pay that much for it, but the everyday person sure as hell wont.....
Think of it this way. You put rims, a body kit, exhaust, etc on your car. You decide you dont want it and decide to trade it in for something else at the dealership. Say you paid $2000 for your car, and you put another $5000 into it. Well, NADA says your car is worth $2500. The dealership isnt going to give you $7000 because of those extra mods you did. They're gonna give you $2500, because thats what its worth.
Aside from the rough incident I had with the guy (he's local to me), if I were to be in the market for a boosted car, i'd pay 9 for his hatch.
It's built motor (sleeved, pistons, rods, head work, etc. etc.), GOOD parts, CLEAN body/paint, clean interior, killer turbo setup, etc. There is A LOT more than 10k into that car. It's well worth the asking price to the right buyer. Obviously, it'll be hard to sell it. But it will sell.
Obviously, people selling built cars aren't targeting them at people looking for an econo civic to save them gas money
They're targeting people that KNOW what kind of work, money, and time it takes, and understand how much they would save to buy one already built.I've got well over $20,000 into my civic (not including the initial cost of the car). The motor alone has over $7000 in parts, then there's suspension, interior, etc. etc. To me, my car is worth the $7500 I'm asking for it. Which I (as well as everyone I've talked to about it, thinks its a hell of a deal) but nobody has bought it because it's a race car. Which i understand.
Basically, what I am getting at. Don't jump on someone when you don't know what you're talking about.
I completely agree that "mods" (generalized) do not add value to the avg. market. However his car wouldn't be marketed to the avg. market (as previously stated).There's a thread on another forum I'm on. This man is selling a 2000 Civic DX hatchback with 240k miles, COMPLETELY STOCK, with a newwww paintjob. Here's the ad:
Wow. Here is my PM convo:
I was entertained by the fact that just because his car was "clean as hellll" meant that it was worth twice as much as it really was. It wasn't even that clean. The interior was all ghetto wire rigged and everything.
