Originally Posted by
copperfieldkid
You 'make your money when you buy it' is the old adage. Clearly there are certain cars that appreciate, most muscle cars historically. I have NEVER lost money on a GTO, Vette, or Mercedes. In all cases I made money due to the type and original purchase price. Buy it for yourself, not the next guy, and enjoy it. Note to Padgett: I sold a Grand National several years back (it was mint) and made a profit, but not what I had expected. Markets for certain types, although albeit narrow in some cases, do exist. Bragging Rights are worth adding to the bottom line !
Future Collectable: Chrysler Crossfire
Article_AmericanCarCollector (SepOct-2017)_Chrysler Crossfire.pdf
Cars depreciate with age and mileage. The dollar depreciates. these two forces alone make it virtually impossible to gain value with most any car.
And making a 35 profit on a car after10 years is really no more than even money. If you had insurance and property taxes, you most certainly lost.
180 has the best advice. buy it and enjoy. If you buy on the odd chance you have bought a future classic thar will bring in big bucks, your odds are worse than playing the lottery.
As for the Chrysler Crossfire, it is simply not that popular in the general marketplace. It will never be a '57 T-bird or a AMC. So, it's intrinsic value far exceeds it's marketability.