Not Ranked
Johninrsf,
I am NOT saying cars are a good investment at all! Not at all.
What I AM saying is, every car ever built is worth more than it sold for new, if enough time has elapsed.
There is not one exception to that rule.
Think of the mass produced cars of 50's 60's 70's. Take any car that you hated at the time, and could not see the day it would ever become a collectible.
Galaxy, Falcon, Mustang, Chevelle, Camaro, Barracuda, Duster, even the Valiant with push button transmission shifter,you name it.
I am, talking about the cars that were produced in large numbers.
Not one of them are fetching less than thousands more than the original sticker. That is after adjusting for inflation etc.
I guess my point is, not that cars are "good investments", it is just that, if you wait long enough you too could see the day a Sunbeam Tiger could be worth over $200,000.
TURK
Car Salesman
Investment Counselor
__________________
OBAMA IN in 2012
|