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Expense not investment
Yea i know the restoration is more than value, but 1 - i never considered this car would be anything other than an expense, i.e. it is not an investment. 2- I do not plan on selling it 3 - i just put a new engine in it less than 10K miles ago.
and 3 - I have found allthough the concept of trading up, for example in stead of putting 15 k in new engine and 4 K in new paint and leather sell car for 10 K and take the $25k to trade up to a newer Boxster makes sense - once you get your new car you just want to start customizing the engine, suspension, paint and leather anyway.
I found people are happier with a car they have customized or restored regardless of the fact they have invested far more than it is worth. After all if it was just performance per dollar we all probably should be driving some sort of car from Japan, or dare i say it? ... a corvette!
Ouch that hurt, I am sorry I take it back ....
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