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Scar the 911
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Turning blue-chip collector cars into stocks.
Curious to hear all people’s takes on this: Rally Rd. - alternative asset investing made simple. Just as crazy as crypto but 100x cooler
 . It’s not if but rather how crazy
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Current: 1970 911T 2.2l Past: 1981 BMW 320i, 1967 VW Beetle Deluxe, 1966 Volvo 122S |
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01-03-2018, 10:18 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,570
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Not interested...the figures on value sound impressive, but they ignore the cost of storage, insurance, service and incidentals.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-03-2018, 11:33 PM
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An investment service only offered through an iphone, with no fee disclosure, in an illiquid asset class, what could possibly go wrong?
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01-04-2018, 04:41 AM
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Still Doin Time
Join Date: Nov 2004
Location: Nokesville, Va.
Posts: 8,225
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In today's tech world, no cost to you services through applications on your personal device, YOU are the target for revenue stream directly / indirectly.
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'15 Dodge - 'Dango R/T Hauls groceries and Kinda Hauls *ss '07 Jeep SRT-8 - Hauls groceries and Hauls *ss Sold '85 Guards Red Targa - Almost finished after 17 years '95 Road King w/117ci - No time to ride, see above '77 Sportster Pro-Street Drag Bike w/93ci - Sold |
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01-04-2018, 05:44 AM
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,617
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Creative idea, but if the car isn't in MY garage, what's the fun in that?
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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01-04-2018, 06:03 AM
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Registered
Join Date: Jun 2004
Location: Oxford, Ct.
Posts: 2,297
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As Mr Barnum said "There's one for every seat"
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07 GT3 Cup S 4.0, 00 986, 78 911 old school gt car 77 BMW R100S 99 Ducati 996S 04 BMW R1150R DanielJacobsLLC.com |
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01-04-2018, 07:02 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,570
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Sounds like a great idea for having a collection of toys that others pay for.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-04-2018, 10:24 AM
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,617
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Quote:
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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01-04-2018, 10:31 AM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,570
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Quote:
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-04-2018, 10:56 AM
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Did you get the memo?
Join Date: Mar 2003
Location: Wichita, KS
Posts: 32,617
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If I invest, can I drive the cars?
Our cars are museum quality, for investment purposes only, so we treat them like art and only have them driven professionally for maintenance purposes. However, we plan to expand our offering to allow you to visit the collection and participate in unique driving experiences with similar cars starting in 2018. We are also launching a 24-hour live video feed from our state-of-the-art storage facility, so you can keep tabs on your investments and share with friends. Which I suppose is to say, if you invest, we will drive the cars. Carefully of course.  Nice way for someone else to fund your car collection.
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‘07 Mazda RX8-8 Past: 911T, 911SC, Carrera, 951s, 955, 996s, 987s, 986s, 997s, BMW 5x, C36, C63, XJR, S8, Maserati Coupe, GT500, etc |
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01-04-2018, 11:49 AM
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Cars & Coffee Killer
Join Date: Sep 2004
Location: State of Failure
Posts: 32,246
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Basically the same concept as Mortgage Backed Securities applied to cars instead of houses. Also has many of the same risks (though not 100% the same).
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Some Porsches long ago...then a wankle... 5 liters of VVT fury now -Chris "There is freedom in risk, just as there is oppression in security." |
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01-04-2018, 11:53 AM
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The Unsettler
Join Date: Dec 2002
Location: Lantanna TX
Posts: 23,885
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Bowie did something similar with his catalog.
https://www.thestreet.com/story/13420197/1/david-bowie-s-financial-legacy-bowie-bonds-pioneered-an-exotic-investment-option.html
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"I want my two dollars" "Goodbye and thanks for the fish" "Proud Member and Supporter of the YWL" "Brandon Won" |
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01-04-2018, 12:29 PM
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Registered
Join Date: Mar 2003
Posts: 10,358
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How about the penny stock version? Free investment advice from an id10t... worth what you pay for it.
Anyway, the advice. Visit the car dealers and the show rooms. Ask for all the literature. Lie and say you have no computer or internet access, but you really want one of the new Mustangs, Chargers, Camaro, Lamborghini, Porsches, whatever. Gather all the sales literature you can - it is free or close to it today. But a 1960s vintage 356 color choice booklet or option book is worth a few hundred bucks today... Won't cost you anything but a little time and minimal storage space. Gather it up, perhaps with some of the current car mags reviewing the car/model you have the papers for, seal it up, and store it for 40+ years. |
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01-04-2018, 01:15 PM
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Too big to fail
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Quote:
Back in the late 70's I just happened to be in SF on a trip with my parents and liberated a good armload of literature from the Porsche dealership, including stuff on the 930 - no idea where all that stuff is now.
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"You go to the track with the Porsche you have, not the Porsche you wish you had." '03 E46 M3 '57 356A Various VWs |
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01-04-2018, 01:30 PM
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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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Quote:
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Copyright "Some Observer" Last edited by tabs; 01-04-2018 at 02:41 PM.. |
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01-04-2018, 01:41 PM
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Registered
Join Date: Apr 2016
Location: Cork, Ireland
Posts: 214
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It's in the attic of your parents house !
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01-04-2018, 01:43 PM
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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,570
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I'd rather "invest" in a $2.00 powerball ticket. At least then I can fantasize for a spell.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent." -Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.) |
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01-04-2018, 02:16 PM
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Registered
Join Date: Jan 2003
Location: Langley,B.C.
Posts: 12,025
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We have a client with a great collection. He bought them because he liked him and wanted to drive them, not purely as an investment. He got lucky with his timing. We prepped 5 of them for sale last year. He netted over 500K on the sale of just those 5. He has a few more that will show similar returns if he decides to sell. We have another client that can make 350-400 off just 2 of his cars... But these stories are few and far between.
Cheers
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Turn3 Autosport- Full Service and Race Prep www.turn3autosport.com 997 S 4.0, Cayman S 3.8, Cayenne Turbo, Macan Turbo, 69 911, Mini R53 JCW , RADICAL SR3 |
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01-04-2018, 05:44 PM
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Scar
2009 BeerTech Klaus
1997 Volvo 850R
