"RyanFrew" (ryanfrew)
04/06/2016 at 12:50 • Filed to: ROI
4
15|
"RyanFrew" (ryanfrew)
04/06/2016 at 12:50 • Filed to: ROI | 4
| 15 |
But a part of me want to buy a GT350R in Grabber Blue, stuff it in a garage, and sell it with a couple thousand miles in 40 years.
Milky
> RyanFrew
04/06/2016 at 12:55 |
|
spanfucker retire bitch
> Milky
04/06/2016 at 12:57 |
|
Damn, you beat me by a minute.
|
spanfucker retire bitch
> RyanFrew
04/06/2016 at 12:57 |
|
Tripper
> RyanFrew
04/06/2016 at 12:59 |
|
BeaterGT
> RyanFrew
04/06/2016 at 12:59 |
|
It’s cool, I wouldn’t drive it either.
JR1
> RyanFrew
04/06/2016 at 13:01 |
|
I just love Grabber Blue
V8Demon - Prefers Autos for drag racing. Fite me!
> RyanFrew
04/06/2016 at 13:07 |
|
Change 40 to 5 like so many who have bought the GT500 have done. I’m sure the Hellcats will be all over the place second hand in a couple of years. I figure I gotta wait about 3 more years for a 13-14 GT500....
Don’t get me wrong, I’m all for keeping the toy in the garage and not having to out it through the drudgery of the daily grind, but I like to use them too.
|
RyanFrew
> V8Demon - Prefers Autos for drag racing. Fite me!
04/06/2016 at 13:09 |
|
Haha, a GT500 is going to be worth a ton in 40 years, also, if it has low mileage. I didn’t mean that I’d flip in 6 years. But, yeah, I’m not one for garage queens either.
|
V8Demon - Prefers Autos for drag racing. Fite me!
> RyanFrew
04/06/2016 at 13:16 |
|
No you won’t, but around here in my neck of the woods, a lot of guys and gals do. Gotta have the newest one and all that.
Dru
> RyanFrew
04/06/2016 at 13:19 |
|
Get out.
Gone
> RyanFrew
04/06/2016 at 13:22 |
|
So many of these “limited edition” vehicles get stored anymore, I’d be surprised if the value ends up being crazy high like Hemi Cudas, Ferrari 275s, LS7 cars, 429 Hemi cars, etc. High end musclecars are only valuable because they all got thrashed in the 60s and 70s and few survived (or like 7 were made).
Throw your $60k in an investment fund of somesort and in 40years it should be worth ~$1.9MM @ 9%. Or instead of buying that Mustang Boss 429 for $5k in 1980 and buying 225 shares of APPL, you’d have $1.39MM in 36yrs. Or have a $300k Mustang that you can’t drive.
But I’m probably wrong. And I like cars being driven and parked cars are the worst, so whatever floats your boat!
|
RyanFrew
> Gone
04/06/2016 at 13:30 |
|
LOL, I agree, but in fairness, you used about the most favorable choice out there with 225 shares of APPL.
|
Gone
> RyanFrew
04/06/2016 at 13:57 |
|
True, stacked the deck there...
XOM since 1980 - would have started with 1375 shares (5000/$3.60), 4x 2:1 splits since then, so now you have 22k shares at $110 - ~$1.82MM not including dividends/reinvestment.
Of course, invest in Sears and :(
But 65 shares of 1980 JNJ gets you to $340k...
MUSASHI66
> Gone
04/12/2016 at 11:41 |
|
As much as I hate the stock market and love cars, you are correct. Chances of finding a car that you can buy now and make more money on it in 30 years versus investing that much into stock market are slim to none. Only cars selling for mondo bucks are super rare Ferraris or some other super rare cars that were owned or raced by famous people.
Chan - Mid-engine with cabin fever
> RyanFrew
04/15/2016 at 20:51 |
|
If you’re not going to enjoy it and share it with the world*, why don’t you just stuff the money in mutual funds?
* Do not peel out at Cars & Coffee events.