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Agree and disagree
My point about value is most based upon the fact that the base cost of a new sim affects the resell price, over time that price will be lowered which will obviously mean any resell price would be lowered but you're right in the fact that it's worth what someone else is willing to pay for it and that generally you won't sell a second hand sim for the same price you paid for it. There is of course therefore the chance that you won't be able to resell your sim at all, which would indeed mean it was worth nothing. Sims do get abandoned.
However there are exceptions, a sim sold as a going concern with beautiful landscaping and a full rental list can fetch more than a brand new sim. This is where the SL model becomes a little bit muddled. All sims aren't equal.