View Single Post
      08-22-2012, 04:22 PM   #68
Brigadier General
///M1's Avatar

Drives: Many
Join Date: Feb 2009
Location: North of 4K RPM

iTrader: (1)

Garage List
Originally Posted by JasonCSU View Post
It was a toss up between that and the Ferrari 250 on my list. The 300 SL and SLR are timeless classics.
Indeed they are, hence why I somewhat struggle to put cars on that list, because at the end of the day it is about having the ability to enjoy them. Cars with such stature are dream collectables where every additional mile (and exposure to the open road) will hurt their value, one of the downsides of owning a special (and expensive) classic car - most of the time you only get to watch it from afar!

Was looking at Mecum auctions on TV, and in fact went to the Barrett Jackson in Palm Beach, was sad to see some cars that were bought back 40 or so yrs ago with the thought/intent that they would become classics (and hence fetch a high price), only for that never to materialize. There were 1970s Caddys (mostly convertibles) and a plethora of various 'special' edition Mustangs with well under 100 miles on the odometer, but in most cases those cars didn't even return their sticker price adjusted for inflation. Kinda sad that the owner all these yrs put less than 3 miles per yr on the car, never enjoyed it, dreaming for that 'big day', but were rudely awakened to a monetized loss. Add insult to injury!

So moral of the story is: drive those 1Ms, don't relegate them to garage queen status in the hopes that maaaaaybe a coulpe of decades from now, they will be worth something a lot more than they are today
2011 BMW E82 1///M: AW, all options; Renntech, Akrapovic, Forge, P3, RevoZ CF bits, many mods
1988 BMW E30 M3: Hennarot, S14, stock
2016 Porsche 981 GT4: Guards Red, LWBS, SC, full leather
1998 Porsche 993 C4S: Zenith Blue, last aircooled widebody, Bilstein PSS10, Fister II + Fabspeed exhaust
2008 Audi B7 RS 4: Sprint Blue, Audi Exclusive Euro Bucket Interior, Premium+Titanium, many mods