"Dwhite - Powered by Caffeine, Daft Punk, and Corgis" (Dwhite95)
07/09/2018 at 17:18 • Filed to: None
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"Dwhite - Powered by Caffeine, Daft Punk, and Corgis" (Dwhite95)
07/09/2018 at 17:18 • Filed to: None | 2
| 6 |
Some banks are actively promoting them as good investments
“For customers with more than 1 million euros in liquid assets, a classic car can be an attractive addition to their portfolio in terms of yield and value stability,” Jens Berner, vintage car expert at !!!error: Indecipherable SUB-paragraph formatting!!! s asset management unit, said in an interview. “After the financial crisis, requests for alternative investments such as art, wine or classic cars had risen sharply.”
Basically its just being lumped into “real” property investment
WilliamsSW
> Dwhite - Powered by Caffeine, Daft Punk, and Corgis
07/09/2018 at 17:26 |
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BRB saving money for the inevitable crash in classic car prices now
farscythe - makin da cawfee!
> Dwhite - Powered by Caffeine, Daft Punk, and Corgis
07/09/2018 at 17:29 |
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welp that sucks
but... damn near all of the good investment classics were never going to be in my budget
so i guess this hurts me none
ima buy a volvo 240 and a rover metro and a lada niva
:D
odds of having one working car at any given time..... eh not to bad actually.... its just the rover that will never work
Bman76 (hates WS6 hoods, is on his phone and has 4 burners now)
> Dwhite - Powered by Caffeine, Daft Punk, and Corgis
07/09/2018 at 17:34 |
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And then they’ll go park them in port tariff exclusion zones or whatever they’re called and not even pay any taxes on them... just like art.
Man I hate that kinda shit.
lone_liberal
> Dwhite - Powered by Caffeine, Daft Punk, and Corgis
07/09/2018 at 17:50 |
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The investment grade cars were never going to be within the reach of average people but this moves the entire market further up so that even cars that aren’t all that special are unaffordable.
promoted by the color red
> Dwhite - Powered by Caffeine, Daft Punk, and Corgis
07/09/2018 at 17:55 |
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Remember, a German bank also said that Germany would win the 2018 World Cup and we all know how that went...
Yes, they’re all worth a shit load of money now, but look at the muscle car movement - a lot of them tumbled in value after the big market crash. Let’s just buy what we like and enjoy it, says the guy who wishes his Miata would be worth $100,000 someday...
gmporschenut also a fan of hondas
> WilliamsSW
07/09/2018 at 20:55 |
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