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Old 06-30-2010, 12:32 PM   #46
fatmike
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Join Date: Aug 2007
Location: New Jersey
Posts: 691
Quote:
Originally Posted by Burg Boxster
LOL - My blinders are off Inflation is a completely different animal than what was implied as an increase in "value" all for having a "good" one, which one hopes will reach collectible status and be in demand.

Point was more directed at it being a less than stellar move to have spent $50k ten years ago hoping to turn it into ONLY $100k 20-30 years from now (even if you exclude the other sunk costs of storage, maintenance, insurance, etc. for 20-30 years).

Or to use your example...
Suppose you took your $2k back in the late 1950s and instead invested it. How excited would you be to have $10k from it today (again even excluding sunk costs for storage, maintenance, insurance, etc. for 50+ years). Ready to retire?

In all sincerity, there's one truth and that is 100% of cars are depreciating assets. A very very very very rare few after depreciating in value may end up being be "worth" something, some day, somewhere. However, there are way too many countless outside influences which will cause most everyone who wants to make this bet lose $ in the long haul as opposed to making it. This is especially true if hedging w/ just one model vehicle let alone one with high production #s.

As I said before, until then I'll take either Boxster to drive and enjoy as often as I can and not worry about what it might sell for, for someone else a long time from now.




We agree Burg. No worries.


Cars are always a depreciating asset (about the only thing worse is a boat!).
Boxster as an investment? Ummmm, no. I didn't mean to imply that. Just that it will take more dollars 40 years from now to buy a car (any car) because of constant inflation.
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