Quote:
Originally Posted by BlkGS
I think you guys are missing the point of the "cash is trash" comment
The longer you hold that money, the less it buys you, because you might make 6% on it in the bank, but the car you want to buy is going up by 10-15% every year.
Enthusiast cars, especially ones that are more than just 2 seaters, are gonna keep going up in value because they're so underrepresented in the new market, and the used ones are just better than the new ones in a LOT of cases. Couple that with a lot less people commuting to work every day, they're more likely to live with a somewhat compromised vehicle vs something practical and comfortable. Plus with YouTube, there's no "secret cool cars" anymore. Everything remotely cool that a lot of people forgot about or didn't know about is getting blasted out by multiple channels driving prices of them up.
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You are ignoring history.
What goes up, always comes down...