Inflationary news

Kinja'd!!! "Cé hé sin" (michael-m-mouse)
06/18/2015 at 17:51 • Filed to: Dino, 246GT

Kinja'd!!!3 Kinja'd!!! 7

Here’s a Dino 246GT.

I knew they had become a tad expensive but today I learnt that if you find one of these for sale in the UK it’ll cost you the wrong side of £300,000.

I seem to remember when they went for £20,000.

Kinja'd!!!

DISCUSSION (7)


Kinja'd!!! McMike > Cé hé sin
06/18/2015 at 17:56

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This was my favorite car when I was 10-11 years old. I used to bring my dad R&T magazines and show him ads for them... I remember them being $15-20K back then, but it was out of his range.

I also remember recommending he should trade his E-Type in for Knight Rider.


Kinja'd!!! Uncle Bob > Cé hé sin
06/18/2015 at 17:57

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And this is why investing in cars is better than stocks


Kinja'd!!! Cé hé sin > Uncle Bob
06/18/2015 at 18:00

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“And this is why investing in the right cars is better than stocks”

There, fixed. I recall the last classic car boom and bust.


Kinja'd!!! Uncle Bob > Cé hé sin
06/18/2015 at 18:02

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Yes i left out that important detail, ha ha


Kinja'd!!! desertdog5051 > Uncle Bob
06/18/2015 at 18:25

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Always read the Disclaimer:

“The information contained herein does not suggest or imply and should not be construed, in any manner, a guarantee of future performance and/or investment advice. Past performance does not guarantee future results. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment directly or indirectly on this website, or indirectly via link to any unaffiliated third-party website, will be profitable or equal to corresponding indicated performance levels. Returns are historical and based on data believed to be accurate and reliable”.

Head scrambled yet? Yeah, mine too. But, all in all, those cars have appreciated nicely. I give it a BUY (but don’t crash).


Kinja'd!!! TheOnelectronic > Cé hé sin
06/18/2015 at 18:33

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There are people selling 2015 Porsche GT3’s for 30k over sticker.

I don’t get it. JUST BUY A NEW ONE.


Kinja'd!!! Alex Zapata > Cé hé sin
06/18/2015 at 22:56

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“And this is why investing in the right cars is better than investing in average stocks”

My porfolio teacher once made about 10% profit on a whole investment portfolio on just one bet on one stock, overnight, this was not an unusual occurence to his company, it is very complicated and risky to pull off, but if you’ve done it so many times over the years, it gets easier.

He once made about 100k USD during class. (For a client of course)