Quote:
Originally Posted by Purdue FR-S
Taking care of your possessions has it's limits I understand. You don't want to fall into 'what you own ends up owning you' ... but you can practice a degree of care without falling victim.
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Absolutely, but paying for the expenses of two cars and storage for one just to keep a car thats in the mid 20k range (us) pristine?
Nobody said don't maintain your car and beat the shit out of it.
In a nutshell the general troll response was don't end up spending what'll eventually end up being >10% the purchase price of the car on keeping something pristine thats going to depreciate at a similar rate regardless of reasonable care for a duration of ownership far longer than the average owner.
When it comes to resale down the road, the roi on storage and a daily beater to keep this car mint will be < than the cost of just driving the damn thing and taking care of it.
Maybe the car will be a classic within 15 years, who knows. Probably not though when you compare the production numbers vs of those that are considered modern collectibles (clownshoe, last gen tt supra, last gen ws6 trans am, for examples of cars that have defied traditional depreciation). Before that status is reached, if it ever is, there will be a window to scoop up clean examples with significant depreciation. I'm expecting this car to follow the miata path and eventually become dime a dozen, its going to be fantastic.
If a car is an investment, treat it like one, buy on the dip.
Myself, i'll be driving the shit out of it (many business miles), enjoying it the whole way while making it last (frequent undercarriage washes during winter are incredibly important to any car that sees salt) assuming that despite maintenance and a reasonable level of care in 5-10 years its been run into the ground and I still want another picking up one for half or less of msrp won't be an issue.