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Well, I guess the questions you have to ask yourself are these: Do you think the stock market will continue to climb? Do you think inflation will continue to be that thing that happened in the 80's but never happens now? Do you think money will remain cheap, especially HELOC money? If the answers to these are an unequivocal YES, then hold on to the P car and wait. Of course it's never this simple. The classic and collector market feels a lot like 1989-90 to me right now. Yes, it feels like a bubble. And if Ferrari and some P car prices are any indication, it's a BIG bubble. I don't know what to tell people when they ask this question. I don't have a crystal ball. But I do know this: The population is aging and many people are downsizing and divesting their assets, like collector cars. I think this will continue to be the case. The Euro is artificially bolstering this market in the US and that can't last.
The decision is a personal one, but nobody would fault you for taking some chips off the table.
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