This is my opinion. It WILL always be a special car.Nope. I'll drive it and enjoy it.
But....if it someday becomes a "collector", then that will just be a neat little addition to a well enjoyed car
I can concede that. I do that a lot with firearms. I'm not as much buying it as an investment opportunity (although firearms are a GREAT store of value as long as you take care of them) but I like collecting certain things....lever action winchesters, Colt revolvers, etc.This is my opinion. It WILL always be a special car.
When I said "Yes", I wasn't saying I bought it as an investment as some in this thread are alluding to.
I meant as my own personal collector car.
I have no visions of making big bank on this car.
So everyone having a fit about how much per year people will lose each year on their cars....noted.
This 100%. Maybe roush Saleen Shelby will be βCollectableβ but no one currently at driving age today or older will be driving if and when it does happen. So in the meantime, have fun and make it your own.No.Too many made to be a collector. But it doesn't have to be my daily driver either.
As in, 30+ year old cars? Sure. Run the numbers on what the car costs now, what it would have cost you in 1993 (or before) and how much you'd have to pay each year to keep it tagged/maintained/insured. Then compare that $1 in 1993 is equivalent to about $2.71 now.LOL, it's painfully obvious that some of you guys haven't been pricing pristine Fox GTs lately....
I think you have a good take on it then To each their own, but I'll never understand keeping a car pristine and low mileage, and never enjoying it. No judgement against others for doing that either...just not my jam.This is my opinion. It WILL always be a special car.
When I said "Yes", I wasn't saying I bought it as an investment as some in this thread are alluding to.
I meant as my own personal collector car.
I have no visions of making big bank on this car.
So everyone having a fit about how much per year people will lose each year on their cars....noted.
Oh, I get it. I'm currently working on buying another piece of property - that's an investment.As in, 30+ year old cars? Sure. Run the numbers on what the car costs now, what it would have cost you in 1993 (or before) and how much you'd have to pay each year to keep it tagged/maintained/insured. Then compare that $1 in 1993 is equivalent to about $2.71 now.
So if you bought a Fox in 1993 for $10k, even if we went on the low end (not even indexed) at $1k/year in upkeep and storage, if your Fox is worth less than $56,100.00, you lost money.
Now compare and contrast that to $10k initially invested in virtually ANYTHING in 1993, with $1k annual contribution each year (so $39,000 in principal), you'd be hard pressed to find any run of the mill investment that doesn't blow $56,100.00 current value out the water.
Cars, unless they're really old, really obscure and highly unique are a terrible investment for a very long time.
You could run the same exercise for say the Ford Bronco (which is WILDLY popular right now). It took nearly 50 years before all the money you would have to sink in one finally starts to climb and pay you back. Forget about comparing it to an alternative investment.