Quote:
Originally Posted by Alan A
Just because someone paid $55k to service a car doesn’t mean that adds $55k to the value, and if I stick new tires on my car I won’t get $2k more for it if I decide to sell it.
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Yes, but equally sometimes it does in fact mean you have added that in value and many multiples of it. Think of markets moving upward. Example: 2006, a buddy bought a
track rat 1973RS out of Japan. All in after restoration $120,000. Sold for $360,000. Car sold again @ auction for $990,000. Today, it might be worth $750,000 to $800,000. Market rewarding restoration and servicing.
More to your point; I have $60,000 in my Carrera. In the current market that does not make it worth $60,000. Nonetheless, Some buyers are very aware of the ultimate cost of condition. If they wanted a Carrera with my upgrades they would be willing to pay $60,000 because they would understand and appreciate the expense of the modifications.
Your tires would fit that category in my mind. If you have new tires it is something the buyer would have to value as a premium over a similar car in need of tire replacement.