CoolHandLuke
Well-Known Member
- Joined
- Nov 6, 2019
- Threads
- 4
- Messages
- 97
- Reaction score
- 137
- Location
- Milton, Ga
- First Name
- Sean
- Vehicle(s)
- 2020 Shelby GT350R (Chassis #LR001)
- Thread starter
- #16
Thanks for the feedback, I've owned roughly 40 cars (a dozen or so were M cars, AMGs and Porsche and none of them compared to the visceral feel of this car) and never been naive enough to look at any of them as an investment. I'm just a guy who got lucky enough to stumble upon the first car built in the last model year of production for one of the most legendary sports cars in the modern era. Now that I've spoken to a few people who appear to be in the know, the general consensus is that the chassis number will be worth a considerable amount to the right collector in the future. Who knows what that translates to....I think that's the thing. I wrote a whole long thing breaking it down, but it really shouldn't be necessary--at the end of the day, an average R owner should expect to break even or even lose money in comparison to investing that money in other ways in that timeframe. There's a lot of if's and but's going either way, but even a low mile well taken care of R is not doubling anyone's money anywhere close to 10-20 years from now. How many are going to be keeping theirs longer than that? Through family changes, jobs, houses? Through years of maintenance and insurance and registration costs? So at the end of the day, either people seem to be lying to themselves in terms of what *their* particular car will be worth at any reasonable point in time in the future, or else you're talking about a pretty average-to-crappy financial investment compared to not-car things like the stock market.
That's how it needs to be viewed. You buy a special, expensive-ish car, and you have two options: drive it and use the value of what you paid, or you don't drive it and you basically get to own a garage decoration more or less for free for a few years. That's the conundrum we all face. But I think for me precisely because of that conundrum that I don't view cars from a financial perspective. If you can't afford the depreciation on it don't buy it, or get something that's not even a car. I bought an R because I fully intend to keep it and hopefully pass it on someday. And if for some reason I ever have to sell it at least hopefully it will have *some* value as any R should compared to like, a 10 year old beat-to-hell M3 lets say. That's all really I expect to hope for and I think is a reasonable return on something that also brings so much joy in the meantime since I'm actually going to drive mine. If something horrible happens, I bust all 4 CF wheels, or the engine twists itself into a pretzel, oh well I'll turn it into a Honeybadger-type track monster special or something. I own this thing now and am going down with it. That's the fun of it for me, at least!
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