GT350 Investment Potential

[lapoune]

Computers fail too frequently and are easy to hack so no to Autonomous driving.

This is a bit of a backwards opinion haha...everything is run by computers...because myford touch is a p.o.s. doesn't mean self driving cars will run into each others left and right ...their software tolerances will be similar to airplanes, not iphones...The few cases of failure will be NOTHING compared to human errors while driving (distracted\stupidity\incompetence\drunk).

If you get that into perspective you'll see the good that self-driving cars will bring.

Edit: Just noticed this conversation has nothing to do with the thread...sorry for my reply :s

Sponsored

 

[Mazda]

We all know if we had bought a 1965 GT350 or GT350R when released and held onto them they would be worth quite a bit of money today. What do you think the investment potential is going to be for the new GT350, GT350R and GT350S?? Will history repeat itself??

You could always travel back 5 years and pick up a Toyota 2000GT, those things have almost doubled in price over a short amount of time.

 

[Skullbussa]

The GT350 is going to be a mass-produced car. It's affordable because they are building so many of these.

Unless you bought a Ford GT back in the mid-late 2000's there is virtually no modern car that has appreciated in value.

 

[oldlugs]

..I'm guessing we're not going to come to an agreement on this... based in part on your username. ;)

Keep guessing... oldlugs is also my username on vintage bike forums; I collect and ride old, lugged steel lightweight bicycles. They have been pretty good investments, BTW.

You're correct though; we probably won't come to (full) agreement on the self-driver cars. I see them as being another appliance for the pillocks of our population. I agree that they will help out those of us who do like driving, by keeping idiots in them from running into others.

 

[oldlugs]

You could always travel back 5 years and pick up a Toyota 2000GT, those things have almost doubled in price over a short amount of time.

That's the way to invest in cars. Find extra clean examples that are already appreciating in value and scoop up as many as you can. The 2000GT was a rare car from the start though; much rarer than the Ford GT. "Investing" in popular, common cars just because you like them, will likely end in disappointment...unless you keep them for a very long time. The Mustangs that we like now may appreciate in value over a long time, but not as quickly as other investments do. Too many things can happen to your investment over time, as well. Better off buying precious metals when prices are down; at least they won't be run into by some texting fool.

 

[stanglife]

Any car that might eventually bring any additional money would likely be very low-mileage, as-new examples. If you keep a car for that long and don't get to enjoy driving it, I'd have to question what you've actually "invested" in.

On autonomous cars.. I love it. I like to go to the Keys to go fishing and diving... it's about 7 hours from here and I hate to burn a day of vacation just driving. How cool would it be to go to sleep and wake up at your destination?

 

[oldlugs]

.. How cool would it be to go to sleep and wake up at your destination?

Good luck with that.

See that girl texting and plucking her eyebrows in the lane next to you?
...She'll be the one running into your mobile bed.

 

[RocketGuy3]

Your taxes put the GPS satellites in space so you paid for it and will continue to do so until the end of life! Computers fail too frequently and are easy to hack so no thanks to Autonomous driving. That will get screwed up big time and since government will be involved = guaranteed failure.

Sure, but those taxes aren't going to increase. The infrastructure is already in place and doesn't really need to change much.

Good luck with that.

See that girl texting and plucking her eyebrows in the lane next to you?
...She'll be the one running into your mobile bed.

The mobile bed is going to be far better at avoiding a collision with the texting girl than you or me at the wheel would be... so I'm not sure I understand what you're getting at.

This is a bit of a backwards opinion haha...everything is run by computers...because myford touch is a p.o.s. doesn't mean self driving cars will run into each others left and right ...their software tolerances will be similar to airplanes, not iphones...The few cases of failure will be NOTHING compared to human errors while driving (distracted\stupidity\incompetence\drunk).

If you get that into perspective you'll see the good that self-driving cars will bring.

Edit: Just noticed this conversation has nothing to do with the thread...sorry for my reply :s

Also this. Glad some people here are not [somewhat irrationally] afraid of computers. But I guess it's understandable that people fear what they don't understand... It will take awhile before most people realize just how superior autonomous cars are.

... And yeah, the thread has been just about completely derailed, heh. My two cents are that it might be a decent long-term investment if you plan to drive the thing very, very little.

 

[Jimdohc]

It seems ironic that I'm being told to open my mind by someone who has such a strange view of incredibly amazing technology. Buses are not remotely as versatile or accessible as autonomous cars are for those with the resources to use either.

And all those 260 million cars are not going to become obsolete overnight. As for the rest of your concerns... They really have no need to do that. No one is charging subscriptions for GPS devices already out there, why would that change? And why would the government have to tax driving any differently than it does now just because computers were driving instead of people?

Why is my view strange? Because I don't agree with you? haha... I don't see how it's amazing. I've seen amazing things and self-driving cars are not even close. Come to think of it, neither is the iPhone 6 or anything else people have been brainwashed into thinking they need because "technology".

There's a bus stop 150yds from my front door and takes me within 500 yards of my work. Or I can just drive my car to work. With the money currently wasted developing self-driving technology. Google and other could've bought over 100,000 buses and put them into service.

Subscription is to keep the car running (I never mentioned GPS). They're not really autonomous cars. They're self-driving. Production versions will require constant updates and downloads. They'll also need network connection for other functions. The road mapping is also very time consuming and therefore costly. It requires much more processing than google maps street view. Getting millions hooked on another subscription/monthly contract is the incentive for businesses to invest billions in this technology. They're not doing it for free.

Bills have already been proposed to tax autonomous/self-driving cars by the mile. The next logical step is to tax more for travel during peak hours. This would require less money spent expanding current roads. It's also very attractive revenue source for govt.

but anyway it was nice having this tangent of a discussion. I'm pretty sure you have plenty more to say. Forgive me if I don't respond on this topic. Maybe next time we'll chat about something fun or just make a couple quick jokes about the other's view point and leave it at that. Peace.

 

[Selo]

The 2013/14 GT 500s are holding value pretty well.

 

[oldlugs]

...The mobile bed is going to be far better at avoiding a collision with the texting girl than you or me at the wheel would be... so I'm not sure I understand what you're getting at...

Sounds like you're assuming that she's on the mobile bed. The brow-plucking while driving nitwit can't afford a mobile bed of her own. You'll need to invite her for a trip on yours. ;)

 

[PsyopGoat]

Cars are not investments. next thread.

You could say the same about coins and comic books but some sell for millions. It's more accurate to say the vast majority of new cars will never be collectible, but a select few will.

 

[RocketGuy3]

Sounds like you're assuming that she's on the mobile bed. The brow-plucking while driving nitwit can't afford a mobile bed of her own. You'll need to invite her for a trip on yours. ;)

Not quite... An autonomous car doesn't just drive to its destination on rails. Such a car would never pass any kind of safety testing. Google's autonomous car has already driven nearly 1 million miles with only one accident (caused by someone else).

Its sensors are constantly monitoring 360 degrees of surroundings, keeping track of potential obstacles and dangers at all times, and the car is ready to evasively maneuver away from said obstacles within milliseconds of recognizing a threat. This means it is much, MUCH more aware and reacts much, MUCH faster and more intelligently than any human could ever react. Sure, the car won't be able to avoid every idiot on the road if they want to hit you badly enough, but nobody could.

I mean no offense, but I think a good chunk of your fear of this technology is the result of you having a poor understanding of how it will work and what it will be capable of.

Why is my view strange? Because I don't agree with you? haha... I don't see how it's amazing. I've seen amazing things and self-driving cars are not even close. Come to think of it, neither is the iPhone 6 or anything else people have been brainwashed into thinking they need because "technology".

There's a bus stop 150yds from my front door and takes me within 500 yards of my work. Or I can just drive my car to work. With the money currently wasted developing self-driving technology. Google and other could've bought over 100,000 buses and put them into service.

Subscription is to keep the car running (I never mentioned GPS). They're not really autonomous cars. They're self-driving. Production versions will require constant updates and downloads. They'll also need network connection for other functions. The road mapping is also very time consuming and therefore costly. It requires much more processing than google maps street view. Getting millions hooked on another subscription/monthly contract is the incentive for businesses to invest billions in this technology. They're not doing it for free.

Bills have already been proposed to tax autonomous/self-driving cars by the mile. The next logical step is to tax more for travel during peak hours. This would require less money spent expanding current roads. It's also very attractive revenue source for govt.

but anyway it was nice having this tangent of a discussion. I'm pretty sure you have plenty more to say. Forgive me if I don't respond on this topic. Maybe next time we'll chat about something fun or just make a couple quick jokes about the other's view point and leave it at that. Peace.

I still don't understand what you're getting at. I can't imagine what taxes they could hope to impose on self-driving cars that would make any sense. I would oppose that, of course, but such stupidity is unrelated to the brilliance of the technology. You can't let the perpetual ineptitude of our government prevent you from supporting technology that has the potential to revolutionize transportation for the better.

But yeah, it was a fun discussion. I'm always down for a good debate. Good way to learn about all sides of a problem rather than living in an echo chamber with only your own beliefs bouncing off the walls.

(Also, $*%# the iphone)

Sponsored