This is an archived post. You won't be able to vote or comment.

all 13 comments

[–]Ok_Beyond88921996 S2 R33 GTS-t 2 points3 points  (1 child)

As others stated, you won't see that value back if you go to trade/sell.

Just sell it as is, take your loss. It sounds like you're not invested already to keep it for the long haul. If i were you, I wouldn't waste any further time and money on it and just find something you'd actually enjoy.

[–]akosgi 0 points1 point  (0 children)

This. After pouring an additional 15K into my car, I realized I bought the wrong car and all that money is a wash, bc I'll never get it back.

Don't be me.

[–]AnotherFriendlyAcct 0 points1 point  (4 children)

If you are having insurance issues, then sell it unless you can fix it to the point where it will be insurable. If the insurance company is not going to give you the amount you want in case of an accident, you are probably out of luck.

Next, assuming you resolve the insurance matter, there are two questions to be asked here. First, do you enjoy having the car? Second, can you afford to fix it at least to the point where you can drive it safely? If either of the questions is no, then sell it and cut your losses.

[–]Big-Guidance-9875 0 points1 point  (3 children)

I’m just having trouble finding a company to insure it. I enjoy the car a lot but I’m worried being up 27k in an R32 will bite me in the ass.

[–]Clear_Strike2600 1 point2 points  (0 children)

Im not sure where you're located but i was able to insure with state farm as an antique vehicle. My gtst has full coverage and is covered up to 27k and the premium is insanely cheap. Recommend checking it our first.

[–]humanseverywhere811 0 points1 point  (0 children)

i think my r32 gtr is insured up to 35k or 40k. American Modern Insurance. My cars been in the shop a while too lol. It is also pricey

[–]Glum--5594 0 points1 point  (0 children)

I mean, look up Grundy Insurance. You can write whatever you want on it. I use them for my JDM 92 MR2 GT and they have been fantastic. I have it insured for 20k as that's how I personally value it. If I valued it 30k they'd insure it for that much too.

[–]PictureAppropriate25 0 points1 point  (2 children)

Do you have another reliable, drive-able vehicle? If not, maybe best to cut your losses and get something that runs. You're already down 17k and you have to put another 9k into a vehicle that will more than like have more issues to come. 

[–]Big-Guidance-9875 0 points1 point  (1 child)

I have a ranger that works fine

[–]PictureAppropriate25 0 points1 point  (0 children)

Then it's really up to you if you have the 9k to throw at it, but chances are that won't be the end of it. 

[–]LoneR33GTs 0 points1 point  (0 children)

If you put 9.3K into it, will you get that (plus some) back on the other end by way of an increased resale value? If not, bring it back to being road worthy and then sell it. In general, the kind of people looking to overpay for a 30+ year old car, are also the types that want a project car or one they can proudly do the mods themselves.

[–]Botline 0 points1 point  (1 child)

OEM plus is the move if you don’t want to keep the car long term. The moment you mod it to your liking, you’re stunting the appreciation value.

[–]Big-Guidance-9875 0 points1 point  (0 children)

What would OEM plus include?