Quote:
Originally Posted by Teeone
Some people have lots of money and not a lot of smarts. I know a guy that bought a Bloomington gold rated low mileage sought after vette. I forgot what year, as I have never been a vette follower. He proceeded to drive it regularly and shortly realized that it was not as comfortable as a modern car, so he sold it the following year. That cost him about $40k to drive that car that summer.
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His mistake was to drive it. This car is going to be sitting in a gallery, not driven. I think a lot of people are missing the point. The buyer probably has a stable of cars. This is not going to be a car that he/she uses, and therefor it should not be compared against a modern car that can be driven. A modern car will depreciate. This car will appreciate. When they say a car is not an investment, they don't mean this type of car.