How much $ would you spend on a daily driver? - PeachParts Mercedes-Benz Forum

Shawn T. W. · #1 10-17-2009, 09:48 AM

Quote:

Originally Posted by ah-kay

My point is that there is not a lot things that could appreciate in value. Cars is definitely NOT one of them. Home, may be, but not ones that were bought in the last 4 years.

Buy low sell high . . . paid $99,500 for 1200 sq ft 2 bdrm town home on golf course, cheap to live here taxes $965.96 per year . . . When I'm ready to sell I'm sure It will be worth more!

Last house we owned in VT we owned out right too . . .

My neighbor has a Porsche 356 similar to this http://www.hemmings.com/classifieds/carsforsale/porsche/356/925998.html that has sure gone up in valve!

ah-kay · #2 10-17-2009, 12:26 PM

Quote:

Originally Posted by Shawn T. W.

Buy low sell high . . . paid $99,500 for 1200 sq ft 2 bdrm town home on golf course, cheap to live here taxes $965.96 per year . . . When I'm ready to sell I'm sure It will be worth more!

Last house we owned in VT we owned out right too . . .

My neighbor has a Porsche 356 similar to this http://www.hemmings.com/classifieds/carsforsale/porsche/356/925998.html that has sure gone up in valve!

WOW, $99,500 cannot even buy a pantry in San Diego 2 years back. You did not say when you bought it but wish you luck.

There are 'classic' cars that may have collector's value. Those are few and far between but never count your money before you leave the table. I hope it is insured to the value he thinks it is worth. Good luck to him and his insurance $$$ premium.