I hate to say it but blue book is what your car is worth. That's the amount a bank will lend on it. Your mods don't figure into it. You may get lucky and find someone who will has the the money and will compensate you for your efforts. Or unless the car bcomes a collectors item.

 

Dont expect to make money on cars it never happens unless you just buy and sell. Modifying, repairing or restoring is just a money pit there is no way around it. But don't get down mod, mod, mod. If you want to make a wise investment try property, or bonds, (not stocks at this time maybe in the future) not a car they are money pits not money trees.

I doubt anyone who owns a performance car made money on it save for a mclaren or an f50 even Supras are mney losers.

 

kelly blue book 3000gts and modifications

Kelly blue book gives a good idea about what the car will sell for in the open market. Kelly tracks the sales of these cars and provides information on what a dealer will give, what a dealer can sell a reconditioned car for and what we can sell a car for on the open market. Kelly notes that it is just a guide and the steet prices may vary. As I have a vr4 spyder I have been watching for what spyders sell for and they are selling at or above Kelly recently because in part they are rare. VR4s and particularly spyders sell for at or above blue book if they are in stock condition. That does not mean that you cannot sell a modified 3s for Kelly Blue Book or even above Kelly Blue Book but your market is limited to people who want a modified car. Most people don't modify their cars and problems with getting the modified car to pass smog and being able to get an extended warranty or get the car serviced at a Mitsubishi dealer all play a part in that. I agree with the above post Modify if you want but don't expect to get all your money out of the car when you sell it. The cars are not sought after by the general public at this time and with the possible exception of the spyder vr4s (only 877 built) and perhaps the 99 vr4 few built ( I don't want to get into that numbers debate) they probably wont appreciate ENJOY YOUR CAR

 

If you want to talk about lack of KBB respect for cars the Mk IV Supra TT guys have it way worse. I just read an article that said KBB was any where from $5,000-$15,000 lower, depending on year, than what the cars were actually selling for. This makes it near impossible to get a loan from the bank to buy a TT Supra.

 

I hope I'll never have to sell my '93 VR4.
3000GT's are beautiful, fast cars, and are sure to become classics. And I have a feeling that the '93 VR4 will be the most valued ones. I used to like the 2nd gen headlights, but I now I love my old school pop-ups!

 

If you want to talk about lack of KBB respect for cars the Mk IV Supra TT guys have it way worse. I just read an article that said KBB was any where from $5,000-$15,000 lower, depending on year, than what the cars were actually selling for. This makes it near impossible to get a loan from the bank to buy a TT Supra.

Not anymore. KBB recently upgraded the values of MKIV Supras and they actually do reflect sale prices fairly accurately.

-m

 

I'm not worried about the KBBV... I live in Austin, when I went to buy my car it was the ONLY one on the market here. When you have the only car for sale...You can pretty much make your own price and let others decide if thats fair or not. Fuck KBBV, My car is worth more than that. Unless you live in a HUGE market (NY, LA) you shouldnt worry about the KBBV if you have mods... Add those to the price of the car, eventually someone will come along and want it. They may try to argue you down to the KBBV, but hold your ground We as a community can jack up the resale prices of the 3/S! ...haha

 

Not anymore. KBB recently upgraded the values of MKIV Supras and they actually do reflect sale prices fairly accurately.

-m

Good to know.

You must be talking really recently because this buyers guide that I read was in the Jan edition of Sport Compact Car.

Not that it matters to me I'll buy a VR-4 long before i buy any Supra.

 

"Mk IV Supra TT guys have it way worse" Now that realy sucks! I guess this is how the goverment will fade out all the older performance cars so they can put all the new crap they want on them. Thanks for the input guys.

 

I hate to say it but blue book is what your car is worth. That's the amount a bank will lend on it. Your mods don't figure into it. You may get lucky and find someone who will has the the money and will compensate you for your efforts. Or unless the car bcomes a collectors item.

Actually, the most a bank will lend is the NADA value, and that's lower than what KBB says. I purposefuly tried to find a bank that would lend money to me based on the KBB guide and not the NADA guide, but none would.

www.nadaguides.com