40k invested in this ricer????

[ixtlann]

eBay Motors: Toyota : MR2 (item 330233417192 end time May-12-08 19:00:43 PDT)

[canadam]

okay. so?

[wesnemo]

Is this thing rigged for Halloween or what.

[Timon]

Far too much for that car, especially when it won't even pass safety inspection that way it sits.

[kbrew8991]

at anyone that uses the term "invested" with regards to cars

[KU_MechE]

i feel sorry for that idiot

[lbridges]

Taste aside (we each have our own), I'm left wondering what was done to incur $40K. That seems possible only if the car was bought new and that price is included.

When asked I would say I have about $5K invested in my car since I don't typically include the capital investment of the initial purchase. I also would nver count oil changes as part of my investment, or tires or even a new top for a convertible.

So, my question is: is the purchase price, and maintenance costs, part of what you term 'investment'?

[MR2TRD1]

Originally Posted by kbrew8991

at anyone that uses the term "invested" with regards to cars

Yea...cars are a HUGE depreciating asset. So much so that most won't even classify them as an asset. Only a few rare cars in history appreciate and are seen as investments (and no the MR2 will not be one..sorry guys).

If he paid a shop to install everything that he claims to be "new" it could easily be 40K in work.

[psuPbikeRider88]

yeah^ 30k in expensive labor and maybe 10k in parts haha

[atc8989]

That's 1 ugly a@# paint scheme.

[Fazed Out]

Those wheels right there scream "I'm not spending tons of money". I wonder if the 40K investment means he overpaid on his replacement engine? Because honestly it's a stock car minus visual color scheme changes.

[shimric]

Looks to me like he spent 40 bucks on a bunch of orange paint and had a field day.

[TopFlight]

....... wow ......lol........ anybody buy it?

[Azul36-ps3]

40k spent on orange paint maybe. LOL

[mr2by4]

Maybe he meant $40 invested
On 5-6 cans of quality orange paint!

[ixtlann]

Im Glad every one agrees with my thoughts on that over riced, oh i mean over PRiced peice of ****

[Kanoodle]

If he had 40k in it i think he would have atleast had a turbo boosting him up in the cost of mods.

[N1XON™]

if i put 40k into it it would look like a mean machine with a 2zz engine assembly..

[Cavanagh]

Originally Posted by N1XON™

if i put 40k into it it would look like a mean machine with a 2zz engine assembly..

Agreed.

[curvesrgood]

I tend not to purchase expensive cars unless I know they are on an appreciating trend... Broke even or made several thousand on two Corvettes (would have made around $15K on one had I not spun a bearing and done a $14K rebuild... talk about cutting into profits... sheesh!! I should make somewhere in the $10K to $30K range on my current project car (a rare classic muscle car resto-modded)... unless the economy finishes tanking and takes the top earners with it. The high rollers are still throwing around cash like they're printing it on toilet paper (in fact those last bills I got felt funny... hmm), but the rest of us are taking a beating.

As for the car shown... someone please take the can of orange paint away from this fellow before he paints something else. Wow. And if he paid the "right" (wrong) shop to do all this stuff, he probably did get reamed to the tune of around $40K total (if he's including the cost of the car itself... probably somewhere at least close to that).

P.S. - As the Federal Reserve (a private company) continues to print unknown amounts of fiat paper currency our cars will appreciate in cost just as other items are (not that the actual value increases per-say) until a breaking point is reached and there is a controlled collapse of our economy. Basic economics teach us that much. That said, a car is not a safe investment or even a sketchy investment... accidents, fire, flood, etc can destroy one in a heartbeat and so-long "investment." Then again, how is that any safer than buying a small part-ownership in a company (through stock) that some overpaid douche bag from Yale with a C+ GPA and poor business sense is running into the ground? If you want to invest in something, buy gold or silver... if you want to enjoy something, don't invest... just buy whatever it is and enjoy it. When I started seeing my last Corvette as an investment/asset/liability (being as I was rather heavily in debt for it) I realized I was walking a very dangerous fine line and quickly wised up and parted with my super expensive and very flashy toy. It is someone elses liability/asset now... Note that this was also a numbered car (specific vin numbering coordinating to which model of the 1000 produced that it was) which is hyper rare in the Corvette world. Those guys are starting to see them as the "holy grail" of collecting Corvettes apparently, and prices rose drastically every couple of months regardless of what the economy at large was doing. Mine was one of only 80 some odd similarly optioned cars... with the sport suspension it may have been fewer, I can't recall off hand anymore.