05-26-2017, 01:45 PM
Apoc Wrote:What about people who buy property as investments? I mean, I get we're all car guys and like it when cars are driven, but I'm not sure why we judge people who use cars as investments any different than any other asset.Yeah real estate investors are just focusing 100% on that benefit of owning property vs. caring at all about having the home for their own use. It's just odd for people to look at new cars in terms of speculation because 1) nobody does it and 2) there's a lot less you can control in terms of more being produced. Don't get butt hurt when demand dictates a company builds more cars when they are still capable of doing so.
That's the allure of classic car investing I think. Only so many were made, in certain option / color combos, etc. and they aren't making them anymore...so the market is going to hinge on other intangibles instead of changing production numbers
Posting in the banalist of threads since 2004
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks
2017 Mazda CX-5 GT AWD Premium
Past: 2016 GMC Canyon All Terrain Crew Cab / 2010 Jaguar XFR / 2012 Acura RDX AWD Tech / 2008 Cadillac CTS / 2007 Acura TL-S / 1966 5.0 HO Mustang Coupe
2001 Lexus IS300 / 2004 2.8L big turbo WRX STI / 2004 Subaru WRX / A couple of old trucks