So i've always wondered, why when people mod cars or build them to a higher extent (mild-extreme) show cars, they use the term 'investment' when selling it. We all know that you lose money on mods, and never get back what you have into a car.

Example:
eBay Motors: Nissan : 240SX (item 300194130911 end time Feb-02-08 11:13:16 PST)

''Over $100,000 invested''

If their selling it for $45,000, wheres the investment at? Shouldn't it be a different word?

''Over $100,000 wasted'' would be more appropriate, but no one would honestly put that, because who wants to admit the amount of money they waste on a car? I think we should adapt a new word for local car sales, instead of investment, which is a more honest word. We all know NO cars are investments, except classics.

-Discuss

 

Gotta spend money to make money? idk

 

lol It's an investment just not a good one lol

 

^I think thats wrong. The purpose of an investment is to try and make money, not put money into something you KNOW (if you have ANY common sense) will fail. Thats like giving money to a bum on the side of the road and calling it an investment, just a bad one.

 

Its a way for people to make their deal sound that much better. Its like telling you its worth 100k with all the parts but you're getting it for only 45k. Most people exaggerate the amount invested. Unless, of course, its a true classic.

 

+1 Its an investment lol

investment - the investing of money or capital in order to gain profitable returns, as interest, income, or appreciation in value.

So if you make a bad call its a bad investment. Investments are attempts to spend money to get a profitable return, if you get no profit then it was a poor investment.

Like people invest in stocks and bonds...what if the company goes under? It was a bad investment.

 

So to you the end of what I said in post 4 is an investment? Because even though you WON'T make money, he might tell you he can give you X amount in return, as profit'. So thats a chance, 'investing' in cars isn't that at all, its simply a word to not look like an idiot, admitting how much $ you might of wasted on the car. The only way a car could be considered an 'investment' would be to build a car meant to bring in business for a specific business. Which is STILL a poor investment.

 

Yes, a poor one

 

How so? Hows it an investment?

 

^ On AIM