OT - Today's Classics

This site may earn a commission from merchant affiliate
links, including eBay, Amazon, Skimlinks, and others.

jamesurq

Reefmonkey
Supporting Vendor
Joined
Apr 18, 2015
Threads
295
Messages
7,057
Location
Greensboro, NC
Website
reefmonkey.com
Was contemplating this today and wondered if any of you have thought of the same thing:

If you had, let's say $50,000 to spend on a brand new car, with the intent of draining the fluids and putting it into storage for 20 years. With the hope being that the car is now worth MORE than you paid for it brand new.

What would you buy?

IE: what do you think in todays 2017 lineup is likely to appreciate significantly over 20 years?
 
Last year's Ford Raptor (V8)
 
$50,000 doesn't buy you much when it comes to a brand new car.

Now, if we're talking about used cars, Porsches tend to ramp up in value really quickly once they're about 25 years old. I'd pick up any good condition 964 if I could find one for that price, or a 997.
 
yeah that's the point. There's plenty of answers in the 100,000 and up range.

For me, I think the Alfa Romeo 4C (just over 55k) is a winner/winner chicken dinner as a collectible... but that's over the limit...
 
2017 Ford Shelby GT350 MSRP is just under $55k. That'd be my choice if it wasn't over the limit.
 
M2's another one that might do well that's just slightly over the 50k limit.
 
Manual M2 and manual gt350.

996 911 manual as a driver and slowly remove all unnecessary weight. These are steals right now. With rms and ims bearings replaced u get old school driving characteristics with cold ac.

2s would be best 996.

I am very close to getting a 996 for vir. ;)
 
Hard choice for sure. I think that the collector car market will be quite different though. I think that the breakdown of all the "advanced" electronics will be far from advanced in 20 plus years. I also believe that electric cars are going to change the face of the American car market significantly in the next 10-20 years.
 
Right but where are you getting one for $50k?

That's one of my complaints with American car companies especially. They add dealer markup for anything they think is going to be collectible. You're paying up front for the anticipated profit you might get at a later date.
 
A 2017 double cab LandCruiser 70 Workmate is $49K USD.

No requirement on location in this fantasy game, so I would buy it and in 20 years have just a few years till I could be driving around a brand new one here in the US. Maybe earlier by then, who knows :)
 
A great many of the cars that are collectible today were icons of their time. Look at something close to home, the FJ40. These little trucks were a hit out of the box. We all look back and remember the neighbor or family member that had one or the one the guy down at the feed mill had etc. They were cool when new. Many think that the 80 series will follow along the same lines, personally I doubt it, only us LC folks really give it a second glance.

Even died in the wool Chevy guys thought that the Mustang was a hit the day they were released. I think the thing that I miss the most is style. Cars were works of art in so many cases. Today, if you de badge a bunch of mid size cars and put them all together many would be hard pressed to tell them apart. Same applies to the sea of SUVs and cross overs. In order for something to really stand out today it really has to be something different.

I'd love something like a 67 Camaro, no interest at all in the new Camaros they look loke something out of a transformer movie and are not at all comfortable for a tall guy. Same applies to pick ups. 48-53 Chevy 5 window, you bet. 2017 Silverado, I'll take the motor for the 5 window but that's about it.
 
At a 2% inflation rate where the real value of our currency equals inflation, the future value of $50K would be around $135K. You could argue that if you invested that money in the total market you should expect 8% returns per Warren Buffett's guidance on the future total market index expected returns for the US. That "bogey" would be $350K.

So if you just kept the $50K in a jar, you are kinda out the difference. If you want to invest in something, it better beat inflation or you are losing money in present day dollars.

Buying "stuff" instead of holding cash is sometimes good as our government has been known to print more bills to drive inflation to reduce our debt to investors (i.e. the Chinese and others).

We also have the factor of something that has like 0 miles on it and the "Irrational exuberance" in the market it may drive at Auction or among a group of nerds who play around on Toyota boards.

20 years ago was 1997. If you could find a 1997 Tacoma with 0 miles, how much do you think it would be worth?

20 years ago its sticker was $15K for the ext cab v6.

Would you gain a FV of 2% over 20 years? I don't know, maybe?

However, a new TRD Pro is $40K, so maybe you would exceed your inflation bogey.

The Tacoma is a "middle ground" example as it has kept its value pretty well.
 
Not knowing what they cost, id say the Ford Focus Rally car model, or the Suby WRX (or whatever they call it) may be good choices. Assuming I could leave it in the garage and not wrapped around a few trees on some twisty mtn gravel road.

Same idea with the Toyota 86.
 
Way to rain on the fantasy parade there @weejub ... I bet youre a HOOT at parties... LOLOLOLOLOL
 
Back
Top Bottom