Thread: Is the value of our cars going to drop over the next year ?
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Old 02-19-2009, 03:29 PM
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Join Date: Aug 2006
Location: San Diego, CA
Cobra Make, Engine: SPF1715, Roush Built 434 ci Stroker, Dart Block, Ported AFR 205 Heads... 561 hp / 547 tq, Former Roush Show Car, Completed and Prepped By Olthoff Racing.
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Quote:
Originally Posted by madmaxx View Post
I can almost guarantee the value of your cobra or any "toy" car will not depreciate in value as much as the DJIA has in the last year. If you bought a cobra in the last year it was a superior investment decision as compared to investing in the stock market. I wish I would have purchased 4 cobras last year at this time.

Thats funny. I payed cash for the SPF as well as some other toys, and I told my wife the same thing. The stuff we bought is worth more (even in this market which I think will get worse) than if I would have put the money in the market. I can't even watch my stock investments right now because it pisses me off.
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