H
Heisenberg
Guest
[quote="Rotti54, They are averaging 10-15% value increases a year..
If my GN's value increased just 10% a year since 1987 it would now be worth $208,568!! I paid 17,500 for it in 1987 and would be lucky to get that for it now.
The car has new paint, wheels, tires, RPE stroker, EA Stage 3 trans, etc, etc, etc. The best I could hope for is to sell it at a loss considering all the money I have into it.
Not seeing the long term investment value here. But - I love it and have no intention of selling it! A trade, maybe..............
You are talking about buying a 1987 car priced in the mid-teens. How did the long term investment value work out for the last owner?
If you like it buy it - but long term investment value will be a crapshoot at best.[/quote]
Never understood mixing the terms "buy car" and "investment"
Mutually exclusive I think.