Quote:
Originally Posted by trader220
I would not advocate that either. I also think buying an old Porsche is not exactly what they meant. The scenario I painted above is the story most people here ask about. My guess is the "German Bank" was talking about collector grade vehicles that you're not going to drive. Even if that's the case, I still think that's nuts unless you're in the business.
Hey the guy who bought a pristine low miles RSA or an 89 Turbo or something along those lines 15 years ago, may have made some money in real terms. But...only if he didn't drive the car a whole lot, did the work himself and sold the top of the market.
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It was an article Reuters published and you are right, it was about actual collector grade cars, stuff well into 6 figures or even 7 and 8 figures. It had zero real crossover to us plebes even though Petrolicous and 20 other blogs shared the article for a couple days.