928's - A solid investment.
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From: theporscheconnection.com
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From: Patterson, Ca
Think I'll go find that beer now.
Three Wheelin'
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From: In the boatyard installing the mast and engine, we don't need a crane, we harness the mesquito's! Yeah!
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From: theporscheconnection.com
Actually I bought my house six years ago so the value is just now getting back to where it was. My point is, I could have sold the house two years ago, bought eight GTS's and now go back and buy a bigger home for less than I paid for the first one, and have room for the eight free GTS's.
Think I'll go find that beer now.
Think I'll go find that beer now.
have another one too
8 GTS's thats a sight to see........if only.......
Chronic Tool Dropper
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Cars are depreciating assets. The technical term is financial liability I think. I have a few 'interesting' cars that I paid squat for in today's dollars. Way back when though, the dollars were dear to a starving student. Fast-forward to today, some thirty-plus years later. At a meager interest rate, the invested money would have multiplied 16x in that time, give or take. Inflation would take more than half of that. Storage and insurance costs added in. So at face value today they look like a gold mine. Looking at the real costs and value of all the monies 'invested' over the years, I lost my butt on them.
A good car investment is that perfect but parked low-miles garage queen original Shelby GT-500 barn find that a co-worker lucked into in Texas a few years ago. Bought it from the widow for half of the well-used value at the time. He should have sold it, but still has it since it's an 'investment'. It isn't. It's a financial liability.
The best way to cut the losses on these cars is to drive them. Get the enjoyment from them that was built in at the factory. Play with them, mod them, race them, whatever spins your prop. Except for that enjoyment factor, these cars are miserable investments. maybe more or less miserable than others, but miserable.
A good car investment is that perfect but parked low-miles garage queen original Shelby GT-500 barn find that a co-worker lucked into in Texas a few years ago. Bought it from the widow for half of the well-used value at the time. He should have sold it, but still has it since it's an 'investment'. It isn't. It's a financial liability.
The best way to cut the losses on these cars is to drive them. Get the enjoyment from them that was built in at the factory. Play with them, mod them, race them, whatever spins your prop. Except for that enjoyment factor, these cars are miserable investments. maybe more or less miserable than others, but miserable.
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Right on Dr. Bob! "Cars are a depreciating asset." "Drive them and enjoy them".....great words to live by. Fixed a small fuel leak today to do just that and showed a friend how well a 17 year old 928 can accelerate :-) as it was his first ride in a 928.
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So yeah, you have to put money into them to maintain them, but tell me what 20 some odd year old car that you don't have to do that with.
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So all you S4 guys with manhole covers get with the program!
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It's a financial liability.
The best way to cut the losses on these cars is to drive them. Get the enjoyment from them that was built in at the factory. Play with them, mod them, race them, whatever spins your prop. Except for that enjoyment factor, these cars are miserable investments. maybe more or less miserable than others, but miserable.
The best way to cut the losses on these cars is to drive them. Get the enjoyment from them that was built in at the factory. Play with them, mod them, race them, whatever spins your prop. Except for that enjoyment factor, these cars are miserable investments. maybe more or less miserable than others, but miserable.
". . . my brain is under the hood and/or the car."
Yea, that's what I meant to say.
When I'm buying parts or filling the tank, I do put the above in the credit column.
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From: Frankenmuth, Michigan
Got that covered. New wheels on the way. Sorry I couldn't buy yours, Ryan.I like what you wrote Doc. I got a really good deal on Perl but everyday it reminds me how my investment depreciates. Not an investment so drive 'em, enjoy 'em.