Quote:
Originally Posted by NWFRS
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so assume the best case, that someone stashed a car direct from the dealer. so insurance, license and registration costs are minimal. any collector interested in protecting their investment is going to do some sort of climate control.
even just heating a garage, you're looking at a yearly cost around $600-1200.
assuming no other costs for that entire time, that means that over 22 years(for a 1997), it cost the collector $13,200-26,400 to keep that car. though typically, a wise choice for any collector is to have an insurance policy on the item they're collecting for that duration.
and none of this addresses how a car that sits for 22 years is going to need a ton of replacement parts due to plastics and rubbers aging out and becoming brittle. any collector worth their salt that would be buying would only accept seeing the work performed by a OEM-certified repair shop, which limits everything to dealer rates and dealer-supplied parts. none of which are very cheap.
by the time one add's up all these costs, even that $120k supra barely broke even over the course of time it was 'collected'.