A common line of thinking on Craigslist.  “I just put an exorbitant amount of 
money into this car so now it’s worth that and more.”

Never seems to work out, either.

Dan


> On Jul 24, 2015, at 3:20 PM, Mitch Haley via Mercedes <mercedes@okiebenz.com> 
> wrote:
> 
> Spending a ton of money bringing a car up to snuff does not raise its market
> value a corresponding amount, 
> but it does make the car a much better deal at $3500 than a $2500 car that 
> still
> needs all that stuff done 
> to it. 
> 
> Mitch. 
> 
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