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  • #16
    Re: Future classics/ investment

    when im done with them theres ushally
    not much left to resell! life of a 78 nova
    from daily driver, to drag car, to stock car,
    to super stock then IN TO THE WALL!!!!!!!!!!!
    rest in peices sweethart!!!!
    COBEY..... franklin, kansas

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    • #17
      Re: Future classics/ investment

      Originally posted by dhondagod
      I invest in things that make me smile.


      I have a small collection of old hurricane lamps. Dont know if they are worth anything but they look cool to me.

      Life is too short. Invest wisely.

      Investing $$$ to me is buy something you can turn quickly and stay liquid with cash on hand. Only the scale is different depending on how much cash you have to work with. Buy low/sell high is the formula to making money.

      Chris 8)
      What?s a hurricane Lamp?

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      • #18
        Re: Future classics/ investment

        Originally posted by 68 Valiant
        Originally posted by dhondagod
        I invest in things that make me smile.


        I have a small collection of old hurricane lamps. Dont know if they are worth anything but they look cool to me.

        Life is too short. Invest wisely.

        Investing $$$ to me is buy something you can turn quickly and stay liquid with cash on hand. Only the scale is different depending on how much cash you have to work with. Buy low/sell high is the formula to making money.

        Chris 8)
        What?s a hurricane Lamp?

        Yep... Old ones... Not buying to make money, they just look cool... I have one made in Germany and has raised lettering made into the glass. I have another one with a round globe, not bell-shaped like the others.


        Chris 8)

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        • #19
          Re: Future classics/ investment

          I wish I bought a 94-96 Impala SS back then I was thinking about it but didnt do it. I like that car alot and It
          would have held it value well. I guess the G8 is the last of the breed, I didnt buy it for that but I think if I hang on
          to it long enough maybe it will be collectible,im still gonna drive the snot out of it though.

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          • #20
            Re: Future classics/ investment

            In my business, (commercial & industrial roofing) I get the opportunity to rub elbows with some incredibly smart customers.
            Guys who have started with almost nothing and parlayed it into multi-million dollar real estate portfolios. There are three bits of wisdom that 3 separate owners have given me regarding real estate, that I try to apply to car purchases. "When you buy dogs, you own dogs", "when you buy the best, it only hurts once", and "you make the best buys when there is a little blood in the streets".

            Also, when I was a juvenile delinquent trying to buy my first old car, my Dad and his buddy Steve explained to me that it costs almost nothing extra to restore a convertible compared to a non-convertible, but the convert is worth alot more when it is done. Later, cars with more than one carb got added to the same theory.

            I would apply these theories to the topic at hand. If you want a shot at future appreciation, buy a car that is more desirable than the ordinary, due to features that set it apart from the crowd. Buy a car that has good provinance, like rare and matching numbers and well documented. And buy quality. Like original body panels, little or no history of rust or damage. Remember, if it is cheap and easy to buy because it is lacking in these qualities, it will be cheap and hard to sell later.
            Also, there is defenetely a little "blood in the streets" now. It is a good time to buy.


            And of course, like others have said, the best reason to buy something is because you like it. If you (or your estate) profit later, that's just icing on the cake.

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            • #21
              Re: Future classics/ investment

              Originally posted by squirrel
              If you can beat the depreciation curve, and put some miles on a car, and have fun with it, you're doing a lot better than 99% of the driving public.

              Bingo! I just bought my wife a '61 Corvair wagon for her daily driver. It's about 80-percent finished, and I paid a lot for a Corvair--$5700, including a pair of 1-way plane tickets to pick it up. It's a rare body style, which will help in the future--only '61 and part of '62. They made about 20,000 total, but how many are left today?

              She needed a car, that fit within our budget, the 4-door wagon is very practical for a mom, it looks cute as hell, gets great mileage, and it suits her to a "T".
              There's probably a pretty big list of newer cars I could have gotten for that price, but they'd have all had high-ish mileage, they'd have computers, I wouldn't be able to work on them myself (maybe "wouldn't WANT to work on them" is better), and they'd be getting into their "repair" years--so the money spent finishing it and keeping it on the road is probably what a newer $5700 car would be, annually.
              But even if I found a late-model gem for that same money, they'll continue depreciating like a stone.

              Now, if my wife drives the tires off that 'Vair for the next 5-10 years, and I keep it looking nice and running well, it's going to be worth a lot more when I sell it than the late-model car bought this year for the same price and sold 5-10 years down the road.

              And won't be nearly as fun to drive, won't look nearly as good, and won't be loved nearly as much as she loves that wagon.

              Same deal with my '62 Suburban. It'll depreciate, but it's bottom-dollar value will be worth more than any newer truck I'd buy. And that's if I don't do a thing to the rough body.

              That's how I look at old cars as an investment.

              -Brad

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              • #22
                Re: Future classics/ investment

                88 Chevy Caprice wagon... Money, baby ;)

                Comment


                • #23
                  Re: Future classics/ investment

                  Originally posted by squirrel
                  The best "investments" are the things that no one (including you) sees coming.

                  I always laugh when someone uses the words "car" and "investment" in the same sentence.

                  Me too, it's almost always oxymoronic for most of us (always for me :'( ). However, "car" and "fun", "car" and "character", "car" and "satisfaction", car" and "thrill", the combinations can prob go on forever.
                  Michael from Hampton Roads

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                  • #24
                    Re: Future classics/ investment

                    Cars I see still bringing in decent money are 1LE and B4C cars so I could see them becoming more valuable. Also hardtop 4th gen V8 F-bodies.

                    Comment


                    • #25
                      Re: Future classics/ investment

                      I bought stock in British Petroleum(BP).At $3.36 per share div.,I figure that my fuel cost's
                      are zero.I reinvest and it earns more than most other investments and does in sooner.
                      Calypornya...near the beach

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                      • #26
                        Re: Future classics/ investment

                        Don,

                        Too many speculators in the car market now. Invest in old motorcycles. With fuel prices expected to rise, people won't want a gas guzzling car like your Road Runner and they will be looking for something less fuel thirsty. They are going to want a vintage Triumph or BSA.


                        ;D


                        Ron
                        It's really no different than trying to glue them back on after she has her way.

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                        • #27
                          Re: Future classics/ investment

                          Or better yet, get a boat. EVERYONE knows boats increase in value and require little to zero maintenence!


                          Ron


                          Wanna buy a bridge?
                          It's really no different than trying to glue them back on after she has her way.

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                          • #28
                            Re: Future classics/ investment

                            Originally posted by NMCA_Ron
                            Or better yet, get a boat. EVERYONE knows boats increase in value and require little to zero maintenence!


                            Ron


                            Wanna buy a bridge?
                            The only thing better is an RV.....wink wink
                            Whiskey for my men ... and beer for their horses!

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                            • #29
                              Re: Future classics/ investment

                              Originally posted by Brad54
                              I just bought my wife a '61 Corvair wagon for her daily driver.
                              It's a rare body style -- only '61 and part of '62. They made about 20,000 total
                              ... the 4-door wagon is very practical for a mom, it looks cute as hell, gets great mileage, and it suits her to a "T".
                              Brad, I love corvairs and would really like to see a picture of your wife's wagon.
                              ;)

                              Comment


                              • #30
                                Re: Future classics/ investment

                                Originally posted by NMCA_Ron
                                Or better yet, get a boat. EVERYONE knows boats increase in value and require little to zero maintenence!
                                Oh yeah...especially the wooden ones. New millionaires being made every day out of those
                                Michael from Hampton Roads

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