So buy a 30k car... wait 50 years to sell it for 100k, which is inflation adjusted the same as what you paid for it... yet you kept it covered in the garage in a bubble for the next guy. FK that... Drive the wheels off of it I say.
I never said to do that. I simply said that your mindset is exactly how things become collectible.
The things that people think are going to be collectible rarely ever become collectible, ie. Beanie Babies. It is the stuff that people used and placed very little value in when they were new, and then grew nostalgic for as they got older.
So buy a 30k car... wait 50 years to sell it for 100k, which is inflation adjusted the same as what you paid for it... yet you kept it covered in the garage in a bubble for the next guy. FK that... Drive the wheels off of it I say.
I never said to do that. I simply said that your mindset is exactly how things become collectible.
The things that people think are going to be collectible rarely ever become collectible, ie. Beanie Babies. It is the stuff that people used and placed very little value in when they were new, and then grew nostalgic for as they got older.
Collectibility is quite straight forward for the car market.
1. Expensive ass vehicle that everyone seems to want but no one buys.
2. Must be something that the manufacturer may not be super well known for.
3. Manual most likely
4. unique colors/all options
5. Special edition crap
Porsche GT
Ford GT
Mustang GT350 (past)
Dodge Demon
etc etc... BRZ... don't see it... GT350 Current gen maybe... but not likely for many many years, as there are so many special cars being made right now...
I never said to do that. I simply said that your mindset is exactly how things become collectible.
The things that people think are going to be collectible rarely ever become collectible, ie. Beanie Babies. It is the stuff that people used and placed very little value in when they were new, and then grew nostalgic for as they got older.
Collectibility is quite straight forward for the car market.
1. Expensive ass vehicle that everyone seems to want but no one buys.
2. Must be something that the manufacturer may not be super well known for.
3. Manual most likely
4. unique colors/all options
5. Special edition crap
Porsche GT
Ford GT
Mustang GT350 (past)
Dodge Demon
etc etc... BRZ... don't see it... GT350 Current gen maybe... but not likely for many many years, as there are so many special cars being made right now...
And then you have things like 3rd Gen F-Bodies and 944s gaining value. Vehicles that people ran into the ground, so the clean ones carry a premium. Right now, they aren't commanding a high price, but had you bought one ten years ago, chances are that you could double or triple your money by selling today.
max225 wrote: ↑Mon Nov 04, 2019 3:22 pm Collectibility is quite straight forward for the car market.
1. Expensive ass vehicle that everyone seems to want but no one buys.
2. Must be something that the manufacturer may not be super well known for.
3. Manual most likely
4. unique colors/all options
5. Special edition crap
Porsche GT
Ford GT
Mustang GT350 (past)
Dodge Demon
etc etc... BRZ... don't see it... GT350 Current gen maybe... but not likely for many many years, as there are so many special cars being made right now...
And then you have things like 3rd Gen F-Bodies and 944s gaining value. Vehicles that people ran into the ground, so the clean ones carry a premium. Right now, they aren't commanding a high price, but had you bought one ten years ago, chances are that you could double or triple your money by selling today.
All used cars went up by 70%, they even made an article about it not too long ago. The average used car used to be $4500 and it is now $7000. Everyone is working and has money... and there is a major shortage of good used cars due to the 08-14 slump in sales. It won't last...
I never said to do that. I simply said that your mindset is exactly how things become collectible.
The things that people think are going to be collectible rarely ever become collectible, ie. Beanie Babies. It is the stuff that people used and placed very little value in when they were new, and then grew nostalgic for as they got older.
Collectibility is quite straight forward for the car market.
1. Expensive ass vehicle that everyone seems to want but no one buys.
2. Must be something that the manufacturer may not be super well known for.
3. Manual most likely
4. unique colors/all options
5. Special edition crap
Porsche GT
Ford GT
Mustang GT350 (past)
Dodge Demon
etc etc... BRZ... don't see it... GT350 Current gen maybe... but not likely for many many years, as there are so many special cars being made right now...
BRZ/86 will be somewhat of a classic one day - hasn't sold in huge numbers, the last car of it's kind (probably ever), etc. but they're common enough that it'll be a long time. Even then, to your point, I doubt they'd be worth enough to be any kind of "investment" .
And then you have things like 3rd Gen F-Bodies and 944s gaining value. Vehicles that people ran into the ground, so the clean ones carry a premium. Right now, they aren't commanding a high price, but had you bought one ten years ago, chances are that you could double or triple your money by selling today.
All used cars went up by 70%, they even made an article about it not too long ago. The average used car used to be $4500 and it is now $7000. Everyone is working and has money... and there is a major shortage of good used cars due to the 08-14 slump in sales. It won't last...
I'm talking 200%+.
A clean 3rd gen used to be a $3-$5K car ten years ago. Now, you're looking at $10-$15k.
Once I got the front end properly aligned it rides OK. About the fastest I've had it is around 55. Top speed is probably around 75 or thereabouts before you hit the rev limiter. But make no mistake - this is a low speed vehicle. I'm not even legal being on the highway, nor would I want to be there. Believe me you don't want to go really fast in this thing. Let's face it - it's designed for off road so it's short, narrow and top heavy, everything you don't want a highway car to be. It has huge shocks so you feel the bumps. I wouldn't want to drive this thing cross country. But some have.
It has a bracket that locks out 4th and 5th gear and a bracket that limits the throttle. 3 screws and those are gone. There are laws in Maryland that recognize "medium speed vehicles". The dealer is working to get this thing classified as. One of the issues is a back up light. The wiring is there. A light comes on the dash that shows you are in reverse there is just no back up light installed. Easy thing to fix. Medium speed would allow access to speeds up to 50 mph. Given the low gearing (this is primarily an off road vehicle after all) You are running about 5,000 rpm at 55 mph. It will do this all day long however I stress it is not a highway machine. It only weighs 1,400 lbs. 99% of the time I use it for running errands in town where my speed rarely gets above 35 mph and occasionally a major road or two to get to an off-road location. By law I'm allowed to cross highways. I haven't been stopped or hassled by any police and I've driven this thing across the Bay Bridge which is a major access to the Eastern Shore of Maryland.
CorvetteWaxer wrote: ↑Mon Nov 04, 2019 5:43 pm
According to this page there are some interesting bits about them... at least the ones from a couple years ago..
Once I got the front end properly aligned it rides OK. About the fastest I've had it is around 55. Top speed is probably around 75 or thereabouts before you hit the rev limiter. But make no mistake - this is a low speed vehicle. I'm not even legal being on the highway, nor would I want to be there. Believe me you don't want to go really fast in this thing. Let's face it - it's designed for off road so it's short, narrow and top heavy, everything you don't want a highway car to be. It has huge shocks so you feel the bumps. I wouldn't want to drive this thing cross country. But some have.
It has a bracket that locks out 4th and 5th gear and a bracket that limits the throttle. 3 screws and those are gone. There are laws in Maryland that recognize "medium speed vehicles". The dealer is working to get this thing classified as. One of the issues is a back up light. The wiring is there. A light comes on the dash that shows you are in reverse there is just no back up light installed. Easy thing to fix. Medium speed would allow access to speeds up to 50 mph. Given the low gearing (this is primarily an off road vehicle after all) You are running about 5,000 rpm at 55 mph. It will do this all day long however I stress it is not a highway machine. It only weighs 1,400 lbs. 99% of the time I use it for running errands in town where my speed rarely gets above 35 mph and occasionally a major road or two to get to an off-road location. By law I'm allowed to cross highways. I haven't been stopped or hassled by any police and I've driven this thing across the Bay Bridge which is a major access to the Eastern Shore of Maryland.
Looks like a lot of fun. I think top speed of 55-60 would be cool, you could drive it anywhere in town/in the country (where these would really make sense).
Still though, for $15K or so, there's a lot of "real cars" you could probably get more use out of.
CorvetteWaxer wrote: ↑Mon Nov 04, 2019 5:43 pm
According to this page there are some interesting bits about them... at least the ones from a couple years ago..
Once I got the front end properly aligned it rides OK. About the fastest I've had it is around 55. Top speed is probably around 75 or thereabouts before you hit the rev limiter. But make no mistake - this is a low speed vehicle. I'm not even legal being on the highway, nor would I want to be there. Believe me you don't want to go really fast in this thing. Let's face it - it's designed for off road so it's short, narrow and top heavy, everything you don't want a highway car to be. It has huge shocks so you feel the bumps. I wouldn't want to drive this thing cross country. But some have.
It has a bracket that locks out 4th and 5th gear and a bracket that limits the throttle. 3 screws and those are gone. There are laws in Maryland that recognize "medium speed vehicles". The dealer is working to get this thing classified as. One of the issues is a back up light. The wiring is there. A light comes on the dash that shows you are in reverse there is just no back up light installed. Easy thing to fix. Medium speed would allow access to speeds up to 50 mph. Given the low gearing (this is primarily an off road vehicle after all) You are running about 5,000 rpm at 55 mph. It will do this all day long however I stress it is not a highway machine. It only weighs 1,400 lbs. 99% of the time I use it for running errands in town where my speed rarely gets above 35 mph and occasionally a major road or two to get to an off-road location. By law I'm allowed to cross highways. I haven't been stopped or hassled by any police and I've driven this thing across the Bay Bridge which is a major access to the Eastern Shore of Maryland.