What do you think a rust free and well maintained 100 will be worth in 10 years? I contemplated selling one of mine but I’ve been having doubts here lately.
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$350?about tree fiddy
Tell that to anyone that owned air cooled Porsches from 2010-2014. .. Or hell, any fairly clean e36 M3 over the past 12 months... Or a "rare" (really just desirable) e46 M3 over the same time period with a MT.I love cars and collecting what I can, but as a financial investment cars are dumb - even the "really valuable" ones that skyrocket in value. They rarely keep pace with basic passive investments.
In the stock market, you generally can double your money every 7 years. Maybe every 10 during a recession or closer to every 3-5 with a bull market like we're still in now. An "appreciating" used car won't even be close to that. You'll be lucky to beat inflation by the time you count upkeep and registration on a rarely driven car.
Financially speaking. Sell it. Now's a great time. Put that money in an S&P index or VTSAX and check back in 5 years if you care about the $$ or go buy something else you'll get enjoyment from.
scroll on byOP, they are going up, it's pretty obvious. Go look at the charts at bring a trailer. No need for a thread.
@Roosevelt T Well, the last 2 years have been quite unusual for vehicle values. But I'll take your example of the E46 manual M3 since I used to have one. Figures taken from here..... which generally are vehicles above average condition.
E46 M3 Manual
11/1/19 = average $25,974
11/2/21 = average $31,707
Gain over 2 years = 22%
22% vs 45%
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