Notices
997 GT2/GT3 Forum 2005-2012
Sponsored by:
Sponsored by: Porsche North Houston

Future Car Value in General

Thread Tools
 
Search this Thread
 
Old 04-08-2021 | 06:47 AM
  #76  
Manoverpdk's Avatar
Manoverpdk
Racer
 
Joined: Nov 2018
Posts: 364
Likes: 154
From: Georgia
Default

As an immigrant I can say that the US, despite all its shortcomings, offers the best opportunities in the world. Most immigrants do far better in this country than any other. Actually most immigrants are more successful in America , than Americans. Opportunities are everywhere, and for some, on a platter. One needs the discipline and hard work to realize them. More immigrants value the US and are financially more successful (as a percentage) than most Americans. I include the illegals.

A shame, really.

Here we seem to be mentally trigger happy and are more interested in beating down others, rather than elevating ourselves!

As for monarchies 18th century France and 19th Russia comparison, The US has already had a President and a Vice President, who are a son and daughter, respectively, of immigrants, is utter lunacy. This self-loathing is getting tiresome.

Last edited by Manoverpdk; 04-08-2021 at 06:55 AM.
The following 2 users liked this post by Manoverpdk:
mdosu (04-25-2021), Rod27 (04-12-2021)
Old 04-08-2021 | 07:05 AM
  #77  
LionelB's Avatar
LionelB
Burning Brakes
 
Joined: Dec 2016
Posts: 966
Likes: 371
From: SF Bay Area
Default

Originally Posted by mooty
wow...
get some coffee
skip work, work will be there when you return. I know I have not yet returned but they keep calling me and piling up ...
go drive the cars...
stop worrying, tmo you may very well die....
I got closer to dying at least 3x a year...
I don't worry about value, bc I don't think devil in hell care how much money I have or have not
Speak for yourself Mooty, I am going to heaven I hear the GT3 has quite a lot of residual value up there.
Old 04-08-2021 | 08:33 AM
  #78  
Waxer's Avatar
Waxer
Nordschleife Master
 
Joined: Jul 2011
Posts: 5,435
Likes: 818
From: Central New Jersey
Default

Originally Posted by s65e90
Jesus, you keep replying, but I don't think you're even reading. No one is SAYING EQUAL, just more of a FAIR SHAKE. Like is incredibly different now than it was years ago. Life is not measured in absolutes. Your arguments are based on main street media talking points
Main Street media? Lol. You mean the ones that tell us we’re a racist country? The same country thousands of immigrants are now crashing the border to get into, right?

Oh I’m reading and comprehending. Fair is equal is it not? However, it has to start with education and family and not just providing $ incentives not to have a male head of household. You think the system hasn’t been gamed as a money machine. Lol. It has big time. “Free” money buys votes. It’s main purpose is dependence. Education and hard work buy independence.

Fair is not favoring or disfavoring one group over another based on any characteristic except ability.

Technology has and will continue to create growing wealth divide leaving many behind absent education.

Oh, and this country was discovered by immigrants and except for native Americans we all trace back to immigrants here.

My rant is over. That’s my story and I’m sticking to it.

Back to our regularly scheduled program.

Last edited by Waxer; 04-08-2021 at 08:40 AM.
The following 5 users liked this post by Waxer:
8Lug (04-08-2021), engerman (04-10-2021), pissedpuppy (04-08-2021), Robocop305 (04-08-2021), Rod27 (04-12-2021)
Old 04-08-2021 | 10:25 AM
  #79  
jonwb's Avatar
jonwb
Pro
 
Joined: Jul 2004
Posts: 711
Likes: 90
From: Milwaukee, WI
Default


The following 2 users liked this post by jonwb:
RAudi Driver (04-11-2021), s65e90 (04-08-2021)
Old 04-08-2021 | 10:52 AM
  #80  
9872SpeedYellowCS's Avatar
9872SpeedYellowCS
Burning Brakes
 
Joined: Jan 2017
Posts: 1,096
Likes: 449
From: NYC
Default

Can this thread end already
The following 4 users liked this post by 9872SpeedYellowCS:
M Coop (04-08-2021), pissedpuppy (04-08-2021), RAudi Driver (04-11-2021), samwise (04-08-2021)
Old 04-08-2021 | 12:13 PM
  #81  
Waxer's Avatar
Waxer
Nordschleife Master
 
Joined: Jul 2011
Posts: 5,435
Likes: 818
From: Central New Jersey
Default

Agreed. Let’s get back to cars. We aren’t going to solve our country’s problems here.

Precious metals are bound to rise as inflation rises.



Old 04-08-2021 | 12:39 PM
  #82  
ranger22's Avatar
ranger22
Rennlist Member
 
Joined: Jul 2009
Posts: 1,552
Likes: 381
From: Denver
Default

I agree! Everyone quit responding to this thread.

-Dept of Irony
The following users liked this post:
9872SpeedYellowCS (04-08-2021)
Old 04-08-2021 | 12:49 PM
  #83  
Manoverpdk's Avatar
Manoverpdk
Racer
 
Joined: Nov 2018
Posts: 364
Likes: 154
From: Georgia
Default

Well, price of gasoline, homes in many cities, cost of construction are up ~10-20% since last quarter.
Metals seem to be lagging.
No real discounts on P cars at this time.
As of last weekend no 718 Spyders on the east coast on Autotrader. A 718 GT4 with 4000 miles and CPO was at MSRP.
How long can this continue, or is this the new normal with mega inflation on the horizon ?

Last edited by Manoverpdk; 04-08-2021 at 12:52 PM.
Old 04-08-2021 | 04:48 PM
  #84  
s65e90's Avatar
s65e90
Race Car
 
Joined: Jan 2015
Posts: 3,716
Likes: 891
Default

Originally Posted by mooty
wow...
get some coffee
skip work, work will be there when you return. I know I have not yet returned but they keep calling me and piling up ...
go drive the cars...
stop worrying, tmo you may very well die....
I got closer to dying at least 3x a year...
I don't worry about value, bc I don't think devil in hell care how much money I have or have not
Sound advice. Well said.
Old 04-08-2021 | 04:50 PM
  #85  
s65e90's Avatar
s65e90
Race Car
 
Joined: Jan 2015
Posts: 3,716
Likes: 891
Default

Originally Posted by Manoverpdk
Well, price of gasoline, homes in many cities, cost of construction are up ~10-20% since last quarter.
Metals seem to be lagging.
No real discounts on P cars at this time.
As of last weekend no 718 Spyders on the east coast on Autotrader. A 718 GT4 with 4000 miles and CPO was at MSRP.
How long can this continue, or is this the new normal with mega inflation on the horizon ?
I thought gold/silver would take off, seems crypto is where everyone is headed.
Old 04-08-2021 | 06:46 PM
  #86  
Jrtaylor9's Avatar
Jrtaylor9
Rennlist Member
 
Joined: Aug 2012
Posts: 3,831
Likes: 1,118
From: East Hampton / NYC
Default

I started out in the hobby actually picking **** I thought would go up. Now I buy what I can stomach and sell whatever I'm tired of driving when that happens. Sometimes I buy high, sell low. Sometimes other way. I have no idea how future value of cars will hold up relative to other investment alternatives. It's purely a hobby for me and I try to not get killed financially in the process. Sometimes I do anyway
The following users liked this post:
engerman (04-10-2021)
Old 04-08-2021 | 07:12 PM
  #87  
JS's Avatar
JS
Race Car
 
Joined: Oct 2002
Posts: 4,551
Likes: 546
From: New York
Default

Originally Posted by mooty
I don't worry about value, bc I don't think devil in hell care how much money I have or have not
I may fall into this category as well.
Old 04-10-2021 | 12:58 AM
  #88  
mdosu's Avatar
mdosu
Instructor
 
Joined: Aug 2013
Posts: 210
Likes: 58
From: SF, CA
Default

wait...you almost die 3x a year? What you jumping out a plane, doing hookers raw, fighting bears or something?

Originally Posted by mooty
wow...
get some coffee
skip work, work will be there when you return. I know I have not yet returned but they keep calling me and piling up ...
go drive the cars...
stop worrying, tmo you may very well die....
I got closer to dying at least 3x a year...
I don't worry about value, bc I don't think devil in hell care how much money I have or have not
Old 04-10-2021 | 02:22 AM
  #89  
mooty's Avatar
mooty
GT3 player par excellence
Lifetime Rennlist
Member
 
Joined: Apr 2002
Posts: 43,564
Likes: 5,895
From: san francisco
Default

^ once you hang out with me for a few hours you will understand. life is never boring around me.
The following users liked this post:
mdosu (04-17-2021)
Old 04-13-2021 | 02:12 PM
  #90  
Bomba's Avatar
Bomba
Racer
 
Joined: Jan 2021
Posts: 279
Likes: 61
From: Miami, FL
Default

Not to add to this thread but I'm totally with the OP's comments. It's a weird time with any car that is collectible. Add to the fact that this chip shortage is impacting new car deliveries, and its a sh#t show out there. One of the Porsche dealers near me had like 5 cars new cars on the lot. Obviously, the demand is still there for cars, but the supply has been derailed by this chip shortage, so people are gravitating towards used cars. Once that gets back to normal, I'd guess that we will see some normalization, but on collector cars? Who knows.

For what it's worth, while waiting this out, I've been pumping money into Crypto at the moment. I might lose it all, but it's better than going to the casino.
The following users liked this post:
zshecht7792 (04-16-2021)


Quick Reply: Future Car Value in General



All times are GMT -3. The time now is 01:27 PM.