Quote:
Originally Posted by Interceptor777
Supra is not a fair comparison. It's way more than just a car, it's an appreciating asset. You can buy one at $100,000, drive it for free for 10 years if you want to and then probably double your money. The twins and boxter absolutely do not fall into this category.
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Isn’t it remarkable how one model year car is a sought after collection piece and another you have to pay someone to tow it away? In the 1960s, if I had a crystal ball and a pocket full of folding money, I would be real popular today. Today’s BRZ in 1968 dollars could buy a base 1968 Corvette Stingray. A good 1968 Corvette might be worth the cost of a new BRZ. Did it appreciate in value? Not if you factor in inflation. You could say it held its own, barely. The aforementioned 1993 Supra MSRP was about $39,900 so that would be roughly $79,000 today. The guy who bought it for $91,000 got offers for over $100,000 the next day. As an investment, I don’t think it is any great thing, but he bought it as an enthusiast, not as an investment. By comparison, I had a real estate transaction that fits the dollar value and time frame of the 1993 Supra, more or less. After inflation and other deductions, I more than doubled my initial investment. It is a rare car that most of us mere-mortals can afford that can make investment quality returns. Getting back to that twenty year old Porsche; not only did it deprecate, it will cost you more than average to keep it going. That might cut into the fun-factor just a bit if you have a budget. Last time I was at the Mercedes-Benz dealer for service, I had a chat with a sales guy and he told me that buying a new Mercedes is cheaper than a used one out of warranty. Repairs will eat every dollar you saved. The exception is if it’s a classic and you still have deep pockets. Looking at the invoices, I can see he has a good point. Subaru BRZ: good fun cheap.