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Old 01-16-2021, 04:08 PM
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patrickt patrickt is offline
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
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Quote:
Originally Posted by Lawineer View Post
This isn't my 401k money, but I also just want to know how I did with FMV. My plan is to keep this car 3 years and sell it to get a C8ZR1. I'm going to enjoy it, but one reason I am getting it is that it will (hopefully) hold value better than buying a late model $70k car.

Also: I'm single with no kids so $20k vacation better be something else!
You should assume that you will always lose money buying and selling these cars. Now, if you're of a certain ilk, it will be the greatest toy you have ever owned and, if you're lucky, you'll make a nickel or two if you do sell her. But you should assume you won't. For me, my ERA has been more fun than you could possibly imagine, and I've had her now for fifteen years. I wouldn't even dream of selling her.
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