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Forum » Car brahs, what cars could potentially be considered an investment?
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Thread: Car brahs, what cars could potentially be considered an investment?

post 1630702833 02-06-2021, 11:34 AM
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#31
  1. jaimeruiz99
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  1. jaimeruiz99
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Originally Posted By TallTigerTwo⏩
Here’s the thing though...people spend their whole lives investing and not ‘living’ until they’re late 60s and 70s+. You can’t take it with you and you aren’t promised tomorrow. If you have family and want a nest egg for them, fine. But if not, why not just enjoy (within reason) what life has to offer? I’m not saying go in debt. I remember hearing of this story of a millionaire who was so frugal that he lived like a homeless man. He didn’t spend any money and nothing ever changed as he got older. His house looked like a pigsty. He never traveled or anything...nothing that would cost money. How much life did this man lose out on, and for what? To be the richest man in the graveyard? Nah...I say spend within reason on things you’ll enjoy. If material things aren’t your cup of tea then maybe experiences. Travel whenever the world opens back up. But I wouldn’t constantly throw my loose change in some investment that, in itself, may carry some risk.
Did you read the OP? He asked if cars made for a good investment, and I answered his question. When the hell did I tell the OP 'not to live' and just 'invest, invest, invest'.

Strong reading comprehension.
PubMed and Chiral Centers be Damned ~
post 1630704053 02-06-2021, 11:52 AM
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#32
  1. turdburglar9021
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  1. turdburglar9021
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Certain cars depreciate for 20-30 years, bottom out, then increase in value. Often vehicles that were desirable during childhood of people that are turning 40-50.

Look at full-size Bronco/Blazers, pickup trucks from the 70s-90s
Fox body mustang
Third gen camaros
C4 C5 Corvette

There's many more becoming collectable as time goes on.
post 1630704183 02-06-2021, 11:53 AM
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#33
  1. lowstrife
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Unless you have millions of dollars to buy limited production cars and sit on them for years, you are not going to make money.

Sure Porsches had like 2 years where they went vertical, but it's been flat since.

After you count insurance, fuel, repairs, etc, the goal shouldn't be to make money. It should be to be able to put miles on for free. Sell the vehicle for what you paid for it with 10k\yr more miles on it.
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