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Troll Hunter
 
Join Date: Apr 2013
Location: on the river
Posts: 4,736
Garage
Well, you guys brought it up.

A 5 or 6% annual increase in almost anything is not modest, key word being 'annual'. Compounding values? For cars, it's downright unheard of. And it didn't happen that way anyway. That's an 'average' increase.

Looking back, one can always do the math and find outliers. Looking forward is when it gets tough. If anyone had that figured out, they'd be rich.

As soon as you think you've got it figured out, like 3 or 4 years ago, the market will go down. Then up. Then down. Only a fool buys a car to drive expecting it to appreciate.

Buy it to enjoy it. Be informed when you do. If it increases in value, good for you. If it doesn't, who cares? You've got the car you always wanted.
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1978 SC Coupe, Gris Argent Metallic Silver
1988 FJ62 Blue/Gray
2020 M2 CS
Old 07-18-2020, 06:27 AM
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