Quote:
Originally Posted by Mikey83835
That why I was cautious about selling it now, if prices double again in the next 2 years, I would be kicking myself, haha, It does not seem likely to me either but when I look at Speedster, 356, longhood 911S prices, good grief,
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Have prices doubled in the last 2 years?
Maybe since 2012 they have -- but that is 4 years.
Personally, I think parking a car like that for 5+ years is a dubious decision.
Whatever you gain in appreciation -- assuming it even appreciates -- is going to be eroded by inflation, and the costs entailed in long-term storage and subsequent re-awakening out of cold storage. Parked cars don't age gracefully.
Then there is the opportunity cost of parking $30-40k.
If it isn't an heirloom, or a possession of significant emotional value, I'd recommend selling it over parking it for 5 years.