The real question: how much did it beat the market by? Had the owner invested the money into a SnP index in 2011 would the sum of his investment be worth more than 92.5k?
June 2011 to October 2018= 125.405% in the SnP 500
Let's use an avg 1 M base price of 49k. And you would end up with $110,470.
The owner did get to drive it for 892 miles but he essentially paid $20 per mile... (an Aventador cost about $17 per mile lol)
My point: it's really hard to make a good buck being cars as an investment. The real winners in are the 1M buyers that bought the car, drove it for 20-40k miles then sold it for about what they paid for in 2011
|