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Posted: 3/28/2006 2:09:31 PM EDT
Im thinking maybe some of the Porsches might hold some value, but I dont know.

Wacha think?
Link Posted: 3/28/2006 2:10:43 PM EDT
[Last Edit: 3/28/2006 2:10:57 PM EDT by Alien]
Pretty much only newer high end luxury/sorts cars with low mileage that are in high demand like Ferrari's, Lambhorginis (spelling?), Ford GTs, etc.
Link Posted: 3/28/2006 2:11:49 PM EDT
should've bought a defender 90



Link Posted: 3/28/2006 2:11:53 PM EDT
HAHAHHAHHAA.

NO.



Link Posted: 3/28/2006 2:14:09 PM EDT
Mercedes are about as close as you are going to get for "affordable" cars. Still depreciate.

People need to realize that cars are expendable resources. They get used up as they age, and are not suppose to be an investment.

Best thing you could do is buy a nice used car and drive it till it falls apart or won't run anymore.
Link Posted: 3/28/2006 2:15:26 PM EDT
'94-'96 Chevrolet Impala SS
Link Posted: 3/28/2006 2:17:07 PM EDT
any porsche that is air cooled, the prices are just going up
Link Posted: 3/28/2006 2:17:13 PM EDT
[Last Edit: 3/28/2006 2:18:55 PM EDT by gaspain]
Ok so far we have:

Ferrari's (not the Dinos)
Ford GT's (high demand)
Lambhorginis (ehhh dont know about that)
Defender90's
94-96 Impala SS
Air cooled Porsche (thats a weird one)
Link Posted: 3/28/2006 2:24:07 PM EDT
Get an old muscle car, they go up in value.
My 67 Firebird has about doubled in price since I bought it in 1999.




Link Posted: 3/28/2006 2:25:12 PM EDT
I think they are called consumer goods because people....consume......them.

Consumable items become less valuable with time.

There are exceptions and most just luck into them.

Trying to get in on a car that is appreciating will be 90% luck and 10% research.

Just because it is appreciating now doesn't mean it will hold or continue to increase. ( Pssst, I got a sweeet preban Bushy for $1700, if you are interested, IM me )

Buy what you can afford and drive it till it dies.

Trying to id the next "collectable" car before everyone else is a fool's game.

Link Posted: 3/28/2006 2:26:07 PM EDT
Any car depreciates the second you drive it off of the lot. Period. Even your high end $150,000 sports cars and luxury cars. Your car is the worst investment you will ever make. If you hold onto it for 30 years, maintain it religously and keep the miles to a bare minimum then you might be able to sell it at a profit once it becomes a classic (if it is the right kind of car). Aside from that buyin a car is a losing proposition.
Link Posted: 3/28/2006 2:26:44 PM EDT
[Last Edit: 3/28/2006 2:27:07 PM EDT by Napoleon_Tanerite]


new cars are hit and miss, but old muscle cars are sky rocketing. guys can retire on the old beater they have had in their garage since the 60's
Link Posted: 3/28/2006 2:27:40 PM EDT
my mini cooper is two years old with 24000 miles on it and is worth the exact same for a private party sale. used at the dealership are selling for more than the new invoice from 2 years ago
Link Posted: 3/28/2006 2:29:03 PM EDT

Originally Posted By Cableman:
Get an old muscle car, they go up in value.
My 67 Firebird has about doubled in price since I bought it in 1999.


img.villagephotos.com/p/2005-1/923382/pontiactop.jpg




A definate exception. It's a 40 year old car that has been maintained religously and is a classic. There is a small segment of the market that generates a demand for this car and since the supply is dwindling the price will rise.
Link Posted: 3/28/2006 2:31:37 PM EDT

Originally Posted By gaspain:

Air cooled Porsche (thats a weird one)



why is it weird, a real nice 356's are going for 20 + thousand in good shape
early 911 are going for 20 in real nice shape
six cylinder 914's in great condition are going for 30
six cylinder 914 in fair shape are going for 15 to 20 ( cost 6 thousand new )
early 80's 911 are going for 20 to 30
late 80's 911 are going for 50 +
early 90's are going for 80 +

now the watercooled one cost a lot new so they cost even more used, but do you want to put 100000 bucks in to car with 60 thousand miles, and a few years from now they will still be worth 100000, vrs the air cooled ones have doubled in value in 5 years
Link Posted: 3/28/2006 2:33:19 PM EDT

Originally Posted By Napoleon_Tanerite:
www.campbellriversales.com/vintcar2/1971%20Plymouth%20Hemi%20'Cuda%20Coupe%201970­%20Dodge%20Challenger%20Trans%20Am%20Coupe.jpg

new cars are hit and miss, but old muscle cars are sky rocketing. guys can retire on the old beater they have had in their garage since the 60's



see the plate 'elephant'. thats a hemi charger. pristine hemi charger can bring upwards of 1 million bucks... i think most are going to japan after auction...

but its hit or miss. unless you are into very rarified stuff you are better off buying real estate. even high dollar collector cars can take a huge hit if they become less desirable.

friend's dad once had some sort of car (cant remember exactly) that was the thing tho have when his dad was growing up.. in the 30's i think. as that generation died off though, the popularity went down as did the value of the car.. i would expect to see similar things eventually with muscle cars. baby boomer dream cars.. but take a basic vette today with 400 hp or the z06 with 500 and nothing from the old days even comes close...
Link Posted: 3/28/2006 2:36:33 PM EDT
Classic cars, the better the condition, and the more original parts, the more valuable they are.

I think my '69 Porsche 911 Targa cost around $7-8k in 1969. If she were all original in good shape, she'd probably be worth 15-20k. If I get her all sorted out, looking nice and driving well, I could probably sell her for about 10-15k.

Link Posted: 3/28/2006 2:38:56 PM EDT

Originally Posted By gaspain:
Im thinking maybe some of the Porsches might hold some value, but I dont know.

Wacha think?



Didn't really read your comments... hehe... well, 993s generally hold their value better than the newer 996s do. I've seen quite a few 993s selling for more than 996s. Yeah, they'll hold more dollar amount value, but maybe not so much in the way of percentage of the original sticker price.

Now, if you ever find an early 70's 911S for a good deal.. BUY IT. A good concourse quality 911S would probably be worth 30-40k.
Link Posted: 3/28/2006 2:41:17 PM EDT
Some cars that require a wait to get them will go up in value. Examples I can think of are some hybrids and the Mini Cooper.
Link Posted: 3/28/2006 2:41:46 PM EDT
My 1959 Cadillac convertable has been steadily going up in value.
Link Posted: 3/28/2006 2:41:56 PM EDT
[Last Edit: 3/28/2006 2:42:50 PM EDT by bmick325]
Buick Grand National GNX
Link Posted: 3/28/2006 2:43:34 PM EDT

Originally Posted By DigDug:
Mercedes are about as close as you are going to get for "affordable" cars. Still depreciate.

People need to realize that cars are expendable resources. They get used up as they age, and are not suppose to be an investment.

Best thing you could do is buy a nice used car and drive it till it falls apart or won't run anymore.




Or car dealers could concentrate on building cars that will last, have easily worked on engines that are relatively simple. But this would cut into the bottom line . . . cash flow.
Link Posted: 3/28/2006 2:44:16 PM EDT
Corvettes. Most any year but the 50's & 60's are the most valuable.

An all original 1953 Corvette is worth more money than I make in 10 years. And I make good money.
Link Posted: 3/28/2006 2:58:52 PM EDT
1989-1998 dodge ram cummins diesels have stopped depreciating in value, and year after year they seem to be appreciating now :)

the rare 12v option in 1998 along with the quad cab in 1998 makes it the most desirable with the most reliable cummins engine :)

hell i have a case crawler with the same Cummins engine that was put into the dodge trucks (12v 6bt) surprising but true :)

but are you actually into trucks? or are you just talking cars?

Mopars are crazy money :) Bought (a few)dodge challengers 4 years ago and they now doubled in value. 2 of them being convertibles.

id give it another 5 years before it "might" bust. but who knows? more and more people are buying these cars up and giving them to there kids, in the last year ive seen 3 challengers on ebay etc, that have been in car accidents.

Completely destroyed only thing salvageable was some sheetmetal :/ fresh resto's etc, just ripped apart in car accidents.
Link Posted: 3/28/2006 3:01:39 PM EDT

Originally Posted By triburst1:
'94-'96 Chevrolet Impala SS



They didn't depreciate?
Link Posted: 3/28/2006 3:03:42 PM EDT

Originally Posted By DigDug:
Mercedes are about as close as you are going to get for "affordable" cars. Still depreciate.

People need to realize that cars are expendable resources. They get used up as they age, and are not suppose to be an investment.

Best thing you could do is buy a nice used car and drive it till it falls apart or won't run anymore.



That is something that a lot of people don't seem to get. I don't care about trade-in value because it will be a long damn time before that happens. Hell, I have 2 1988 cars, each with over 200k on them, that I will drive until they self-destruct. I do have a newer truck, an 02 Frontier that I bought pre-owned from a Nissan dealer.
Link Posted: 3/28/2006 3:10:46 PM EDT
whats the deal w/mini coopers? i wasnt aware they were appreciating.
Link Posted: 3/28/2006 3:12:38 PM EDT
[Last Edit: 3/28/2006 3:13:37 PM EDT by Noname]
My broham's 1968 Shelby GT500 that he bought in 1974 for $2500.00 seems to be holding its value fairly well...
Link Posted: 3/28/2006 3:14:26 PM EDT

Originally Posted By Matthew_Q:
Classic cars, the better the condition, and the more original parts, the more valuable they are.

I think my '69 Porsche 911 Targa cost around $7-8k in 1969. If she were all original in good shape, she'd probably be worth 15-20k. If I get her all sorted out, looking nice and driving well, I could probably sell her for about 10-15k.




if you had invested 7k in 69, it would have doubled, conservatively, 5 times, thats 7, 14, 28, 56, 102k dollars.. if it was coke stock (i wont even look up what coke stock was at in 69) and you didna sell it until this year, you would have paid capitlal gains tax then and not before ....

cars are toys for big boys and tools .. they are not what any normal person would consider and investment. another thing.. some say porsche holds better value percentage wise than other cars (who cares). go buy one for 70k and after it depreciates, your percentage may be better than the chevy guys but he still will have more moola in his pocket..
Link Posted: 3/28/2006 3:17:55 PM EDT
Im not talking about buying cars as an investment. Im simply curious about the market.
Ya'll are way to serious!
Link Posted: 3/28/2006 3:22:50 PM EDT
Bought an 04 Ford Mustang Mach 1, used, 1,000 miles from a Chevy dealer om December 04 for $22,000.

Sold it in October 05, 11,000 miles, for $24,500.

Link Posted: 3/28/2006 3:27:37 PM EDT
[Last Edit: 3/28/2006 3:28:13 PM EDT by dolanp]

Originally Posted By torstin:
whats the deal w/mini coopers? i wasnt aware they were appreciating.



You have to get on a waiting list and wait for months. So, used ones fetch a bit more money because they are available.
Link Posted: 3/28/2006 3:48:34 PM EDT
One of my LAX teamates has an Aston Martin; racing model from the early '60s that he swears is worth well over 300K. Guarenteed it didn't cost THAT much way back when. Check out what a well-cared for early VW bug goes for now !!! Stay safe
Link Posted: 3/28/2006 3:48:55 PM EDT
any car you don't drive will hold it's value fairly well. Especially classics with original matching numbers. Other than that, expect to lose money
Link Posted: 3/28/2006 3:51:58 PM EDT
For these cars to hold there value, it's obvious they can't be used in any way, so they get parked in the garage. If you get zero use out of the vehicle and have to buy another vehicle, you have to consider that cost also.
Link Posted: 3/28/2006 3:52:08 PM EDT
Nothing really appreciates if you actually drive it, possible exception being musclecars, but if you wear it out, and they wear out pretty fast, it's big bucks to restore them back to the condition you started out in, so maybe you only break even, and maybe the money has been made already in that market unless you steal one from some little old lady....

So, the real question is what holds its value the best, a much easier question to answer.

New toyotas and hondas hold their value very well.

So do used domestics that have already taken the big depreciation hit, a five year old ford is almost worthless, so it isn't a big hit when it is worthless in another ten...

Used toyotas and hondas may hold their value but they cost so much it isn't worth it IMO, better off buying new. My sister just replaced her Echo she bought new, she put 41K mi. on it in five years and only lost $2K on it.

European luxury cars retain lots of value sure, but it still costs more to own them because 10% of $80K is still more than 20% of $15K, and they cost more to maintain and insure.

Trucks are a whole different market, a toyota or cummins ram truck will hold onto a significant value so long as it continues to run, regardless of mileage or even dents. A good used truck is likely to hold its value pretty well, but they cost more money in gas and rubber to drive.
Link Posted: 3/28/2006 3:55:08 PM EDT
[Last Edit: 3/28/2006 3:56:19 PM EDT by DigDug]
Back in 1989 I bought a used 1964 chevy pickup for $400. I drove it for a year and a half and sold it for $600. I had people leaving notes on it in the mall parking lot asking to call if I wanted to sell it.

Can you beat 50% appreciation in 1.5 years?
Link Posted: 3/28/2006 3:55:46 PM EDT
Supply and demand.
Link Posted: 3/28/2006 4:18:25 PM EDT
JEEP wrangler.


I bought one for 75000 dollars, and had an offer for 8000.
Link Posted: 3/28/2006 4:57:44 PM EDT

Originally Posted By torstin:
whats the deal w/mini coopers? i wasnt aware they were appreciating.



Econ 101, currently demand exceeds supply, hence the demand driven PRICE goes up, but as soon as supply meets demand, value and price will plummet to normal depreciation.

As noted the rarified exceptions to the rule are appreciaating, and most very good condition and rare older cars will bring a premium because some yo-yo will want one enough to buy it.

Like the real Shelby Cobra I drove beside yesterday. This yo-yo would sure like one, I can remember watching them roll off the line at LAX.
Link Posted: 3/28/2006 5:02:57 PM EDT

Originally Posted By MT-Gun-Nut:
JEEP wrangler.


I bought one for 75000 dollars, and had an offer for 8000.



Link Posted: 3/28/2006 5:10:42 PM EDT
Just as a side note, a liquid cooled 911 is blasphemy (sp?)
Link Posted: 3/28/2006 5:24:46 PM EDT

Originally Posted By Napoleon_Tanerite:
www.campbellriversales.com/vintcar2/1971%20Plymouth%20Hemi%20'Cuda%20Coupe%201970­%20Dodge%20Challenger%20Trans%20Am%20Coupe.jpg

new cars are hit and miss, but old muscle cars are sky rocketing. guys can retire on the old beater they have had in their garage since the 60's



I fucking love old MOPARS..

My father drove a Plymouth Fury with a 383 when he married my mother. He's got tons of pics.. Four speed, all the goodies. He said it was too hard to put a car seat in and out of..

My uncle had a 1970 Cuda with a 383 Super Commando.. All original. He restored it to pristine. Caary yellow and black racing stripe. 4-speed, etc. Then on a whim sold it for $7k. Showed him one online for 3x that much one day. He about shit himself..
Link Posted: 3/28/2006 5:26:44 PM EDT
cars= the bestest farthest thing from investing.
Link Posted: 3/28/2006 6:35:09 PM EDT
Enzos have done pretty well
Link Posted: 3/29/2006 6:01:15 AM EDT

Originally Posted By st0newall:

Originally Posted By Napoleon_Tanerite:
www.campbellriversales.com/vintcar2/1971%20Plymouth%20Hemi%20'Cuda%20Coupe%201970­%20Dodge%20Challenger%20Trans%20Am%20Coupe.jpg

new cars are hit and miss, but old muscle cars are sky rocketing. guys can retire on the old beater they have had in their garage since the 60's



see the plate 'elephant'. thats a hemi charger. pristine hemi charger can bring upwards of 1 million bucks... i think most are going to japan after auction...

but its hit or miss. unless you are into very rarified stuff you are better off buying real estate. even high dollar collector cars can take a huge hit if they become less desirable.

friend's dad once had some sort of car (cant remember exactly) that was the thing tho have when his dad was growing up.. in the 30's i think. as that generation died off though, the popularity went down as did the value of the car.. i would expect to see similar things eventually with muscle cars. baby boomer dream cars.. but take a basic vette today with 400 hp or the z06 with 500 and nothing from the old days even comes close...



Look again at the link title. It is a cuda in the foreground, and a challenger in the background, not a charger.
Chargers don't bring that kind of money, but cuda's do. A convertible one actually, the hardtops go well, but not that well.
Heck clones even bring in the 6 figures now.
No new car is a good investment. There might be a couple of exceptions, but if they still make it, it doesn't go up in value. Even limited run cars like the viper still go down in value.
Link Posted: 3/29/2006 6:17:27 AM EDT

Originally Posted By Andrewh:

Originally Posted By st0newall:

Originally Posted By Napoleon_Tanerite:
www.campbellriversales.com/vintcar2/1971%20Plymouth%20Hemi%20'Cuda%20Coupe%201970­%20Dodge%20Challenger%20Trans%20Am%20Coupe.jpg

new cars are hit and miss, but old muscle cars are sky rocketing. guys can retire on the old beater they have had in their garage since the 60's



see the plate 'elephant'. thats a hemi charger. pristine hemi charger can bring upwards of 1 million bucks... i think most are going to japan after auction...

but its hit or miss. unless you are into very rarified stuff you are better off buying real estate. even high dollar collector cars can take a huge hit if they become less desirable.

friend's dad once had some sort of car (cant remember exactly) that was the thing tho have when his dad was growing up.. in the 30's i think. as that generation died off though, the popularity went down as did the value of the car.. i would expect to see similar things eventually with muscle cars. baby boomer dream cars.. but take a basic vette today with 400 hp or the z06 with 500 and nothing from the old days even comes close...



Look again at the link title. It is a cuda in the foreground, and a challenger in the background, not a charger.
Chargers don't bring that kind of money, but cuda's do. A convertible one actually, the hardtops go well, but not that well.
Heck clones even bring in the 6 figures now.
No new car is a good investment. There might be a couple of exceptions, but if they still make it, it doesn't go up in value. Even limited run cars like the viper still go down in value.



yep, i meant challenger/cuda. the chargers were bigger, heavier (dukes of hazard) a dime a dozen (used to see them in all the old movies where they wanted something they could soup up and wreck).

almost bought a 70 hemi roadrrunner in 70. dad wouldna let me though. hemis were ultimate cool but the motor supposedly wore out fast and had to be aligned bored often if you were using it for competition which is why the chevy big block, 454 most common, became the dominant drag motor (always wanted something with an aluminum donovan big block installed).
Link Posted: 3/29/2006 6:48:54 AM EDT
My observation has been that American cars will depreciate to 10% in about 10 years and by 15 years they lose their luxury value and in 20 years they are junk with few exceptions. Even a 15 year old Mercedes is only worth 10-20% of it's original value. Rolls and Bentley depreciate to 35% and will hold it as long as you use authorized parts, factory trained mechanics and keep up the maintenance schedule.
I have watched RR and Bentley for 20 years and find the models I admired to be the same prices they were in the mid '80's. Example would be a 1970 Silver Shadow, low mileage, minty condition and well maintained for $25-35K. If you kept it for 10 years, it is likely you would sell it for that same price.
Maintenance is high on any car so that is no excuse for passing up a better vehicle.
I know Porsche owners who bought the wrong models and didn't make out at all. Others doubled their money. A friend of mine sold his Jaguer for more than he bought it for in only the 2 years he held on to it.
I believe there are certain models that you could get that would appreciate faster than others but you have to keep it up .
Any car you buy new is going to throw money away.

Local lot selling by owners vehicles had a mid 80's mercedes for $4000. and next to it was a golf cart for $4800.
might do well to watch the golf cart market, too.
Link Posted: 3/29/2006 6:55:15 AM EDT
MkIV Toyota Supra Twin Turbos from 1993.5 -1998
Link Posted: 3/29/2006 1:48:17 PM EDT
Ford Model T and Model A
Link Posted: 3/29/2006 1:51:14 PM EDT

Originally Posted By Cableman:
Get an old muscle car, they go up in value.
My 67 Firebird has about doubled in price since I bought it in 1999.


img.villagephotos.com/p/2005-1/923382/pontiactop.jpg




Wow, beautiful car.
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