[trader220]

The market already started moving 5 years ago. Its not going to move with the same velocity in the next five. These care are not good investments. If you owned one back in early 2012 or before, hay great its worth more now. Enjoy it. If you think its going to continue to rise at that rate, dont hold your breath.

Say you pay 50 grand for a 75k mile 1987 to 89 coupe right now which is about the market. In five years, how much will you have spent on gas, insurance, and maintenance? How much would you have made just buying an S&P500 etf?

Lets say you parked that $50k in that S&P etf. It returns about 8% a year (last 50 years average roughly) that's about $23,500 you made.

Lets say insurance is $750 a year or $3750
Call maintenance $1000 a year or $5000
Lets say you drive 3000 miles a year at 20 mpg and $3.50 a gallon, thats roughly $4300 more.

So your $50k car needs to appreciate to (50k plus 23.5k plus 3750 plus 5000 plus 4300) or call it $86,500 or somewhere north of 70% appreciation just to break even and thats with adding miles to it.


Buy the car because you have the cash, you dont mind passing on the potential income and you love the car. It will be a reasonable holder of value but its far from a good investment.