What makes you think I'm 'getting worked up' lol. Chill guy, I get it, you sell cars for a living. Don't take it personal.
It is very clear from your cadence and language that this is emotionally difficult for you to deal with. Someone who isn't worked up a) wouldn't have bothered to bring the topic up and b) wouldn't be carrying on / trying to debate / prove their point / etc. Those are clear signs that you care a lot and are getting worked up over it. I mean just look at this post, specifically- "I get it, you sell cars for a living." That has nothing to do with anything other than to demonstrate that he has a better understanding of how markets work than you do and also to illustrate that he understands that things are worth what people are willing to pay. Words like "fleeced" are LOADED with meaning, often coming from a place of negativity, accusation, and skepticism.
By your logic, consider this comment: "oh my god, I can't believe someone is willing to pay $800,000 for a 29 year one ton hunk of metal, plastic, rubber, and glass! People are crazy these days! Anyone thinks that a hunk of material is worth that is nuts!" Guess what? 10 years ago nobody was paying that for a Ferrari F40, but now they are worth over $1.2M. A Countach for $300k was a little silly 5-6 years ago, but now $500k is on the table for some of them. There's a lot more that goes into what things are worth than just your opinion. The market's don't care about your opinion, largely because you're not a Countach buyer or F40 buyer.
We all understand the point you're making. There is a metal bubble right now, and sure, some cars aren't worth what people are asking to you - but the reality of it is those cars may be worth those price tags to someone else. The price tomorrow won't be the same price as today. For example, when I had a chance to buy a one-owner female driven accident free Midnight Pearl on black manual at over market I jumped on it. Was it worth that to anyone else? We'll never know. I paid 5k "above market" according to your rules. She sold her car in 3 days according to hers. $5 in order to get exactly what I wanted was worth it for me. Today that same car has appreciated and I now have market value in it.
Another example - friend of mine- his father in law is a self made guy worth over $750m - if he wants something he'll pay a million or two over market if he finds a property he likes. He gets drunk at Barrett-Jackson and bids high. He doesn't care. What he buys is worth it to him, which is what dictates its sale price. To get that wealthy you don't live a lifestyle of "getting fleeced." Does he pay high? Sure. Does he consider himself to be getting fleeced? No. Has he been far more fiscally successful in the world of buying, selling, and investment than you? I'd bet $750m on it.
To me it sounds like you want are partially here to start a dumpster fire, but you are getting taken to school. Everyone here is trying to tell you the facts but you don't want to listen. You just sound like a hater, man. Don't hate the player, hate the game.
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Bought my 2000 back in 2013.
Since then, I sold the C32 and super charger and swapped a J32 in it so there is more room for running piping in the future. Once the new supercharger setup is tuned, the plan is to add a turbo, and see how far the stock block can get before it lets go, and then drop in a fully built billet J32. Wide body, '02 facelift, suspension, standalone, etc is already done.
DAMN you are getting fleeced!! You're never going to get the money back out of your car that you're putting into it! What a fleecefest! I would never let myself get so fleeced as to spend money on such things! I don't even know who wastes money on that stuff! People these days just don't understand anything!
Also still trying to get some opinions on this if anyone has any...
I figure this may be the best place to ask this question! Someone made an honest mistake and blindly pulled into my lane (someone was signaling her it was clear), hitting one of my NSXs. She was really nice about it and I don't think I'm going to have to deal with any fault issues. Took documentation of the incident and her confirming fault.
I am not really sure how to accurately gauge diminished value. The market is all over the place with high owner cars with prior modifications, absent maintenance records, and prior paint.
Mine was a 2 owner NA2 with full records since day one and no prior paintwork. 46k miles. Anyone have any idea how much it depreciated due to a minor accident? It now has an accident on its carfax and prior paintwork. I'm not sure if the fender will be replaced or not. My guess is around 7-10k but I'm curious to hear thoughts here. I figure it has been bumped down from collector to driver status.
