Quote:
Originally Posted by blackmist222777
no doubt that the M2CS is a great car... but it will take a long long time before those cars are viewed as investment grade cars. where I think you could easily still get a 1M today that could be a true collectable. how would you feel if next year the 1Ms suddenly jumped to $175 or 200k? you would be kicking yourself for not getting one when you could have...
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These are all great cars but any delusion that these are investment-grade commodities has to consider that it will only be the case . . .
if they aren't driven!
We've all seen the $250,000 E30 M3. But that got driven 8,000 miles in 32 years. That's 250-miles per year. Oh what fun! Even if you'd only driven 4,000-miles per year, auction results tell us that would cut the value by 80%. If you took the original $40k-or-so MSRP plus taxes and added the cost of 32-years of insurance and property taxes . . . is this an investment? $40,000 in Apple stock purchased that long ago would likely be worth $25M today. I hope those were a fun 250 miles!
Do you want to drive your special BMW, or own it? How special is it if you don't drive it? It's just a question.
