Quote:
Originally Posted by ENTDOC
in fact if you sell it for what you paid for it , it is not a good investment either. You have tied up funds that may have been used to actually increase value.
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I disagree wholeheartedly for the simple reason that if the person with the money is looking to purchase a car, they're not looking to use that cash to invest in something that will "actually increase in value."
Furthermore, with Shelby getting closer and closer to kicking off, there is the real possibility that cars touched by Shelby may actually go up in value. It happened with Ferrari, and - while past performance is no indication of future results - there's no reason to believe that it won't happen again.
On a more positive note, you're incorrect in the belief that using the money to purchase a Cobra rather than any other car is a 'bad investment.' Cars - Porsches, Corvettes, Vipers, etc.; the fleet vehicles of the midlife crisis - are generally only worth 60% of what you pay for them in three years. In five years, they usually reach the low point - 30% of the purchase price - and stay there. A Cobra replica, on the other hand, remains at a constant value for three years, five years and - generally beyond.
Therefore, it doesn't cost you anything to own a Cobra. THAT'S a good investment.
Your pal,
Meat.