Investment Vehicles

[BoyWhoCriedWolf]

Hi Lads/Ladies,

I am looking at buying a 94 Vspec dark blue factory stock car with 49000kms as a shed warrior. This is is described by my lads in Japan as brand new.

Just wondering what your thoughts are about somehting like this car being an investment (20+ years).

Cheers,

Ken

[warps]

I'd say being unmolested, it will lose less value in 20 years than a modified GTR (even one of the 600hp ones that seem to be fairly cheap these days). Let's face it - much as we may love them, GTR skylines are hardly unique, are they?

As for investment, you'd hardly call any car an investment. You can strike it lucky with some cars, and anyone who happened to own a mint GTR Torana, Phase 3 Falcon, etc. 5 years ago, will be sitting pretty today. That's more a function of today's economy than wise investment strategies.

IMHO, something like an aussie delivered R32 will actually have something unique about it, so will relatively be a good investment as far as cars go.

If you want to invest money for 20 years, then property, managed funds, Super, shares would all outstrip any automotive "investment" by an order of magnitude. Now's a pretty cheap time to buy into the share market.

[JAS-25T]

I'd say being unmolested, it will lose less value in 20 years than a modified GTR (even one of the 600hp ones that seem to be fairly cheap these days). Let's face it - much as we may love them, GTR skylines are hardly unique, are they?

As for investment, you'd hardly call any car an investment. You can strike it lucky with some cars, and anyone who happened to own a mint GTR Torana, Phase 3 Falcon, etc. 5 years ago, will be sitting pretty today. That's more a function of today's economy than wise investment strategies.

IMHO, something like an aussie delivered R32 will actually have something unique about it, so will relatively be a good investment as far as cars go.

If you want to invest money for 20 years, then property, managed funds, Super, shares would all outstrip any automotive "investment" by an order of magnitude. Now's a pretty cheap time to buy into the share market.

QFFT

[madbung]

QFFT

You've taken laziness to a whole new level..

Cars as a long-term investment are a bad idea, who knows where transport in 20yrs will be..big oil burners might be outlawed by then.

Unless it was a true collectors/museum piece worthy of pebble beach type appreciation I wouldn't think it a wise move.

[JAS-25T]

as opposed to your echo of the above?

I was just empahsising that the current so called "investment" vehicles are more due to the credit bubble we are currently in.

People are buying things with tomorrow's money, or debt or credit dependant on how you want to call it.

Cars included.

If you feel that it is a strong investment, good luck, but a biased opinion from Skyline enthusiasts shouldn't be the first or last place you get your investment advice from.

If you feel that gambling on an items future worth will pay off in the future, go for it, but asking people who are into the same type of car will only confirm your simple idea.

Ask a barber if you need a haircut, and I'm sure he will tell you that you do!

[madbung]

Easy tough guy...maybe I should have included a smiley, but I thought it was obvious enough.

Hardly an echo of the above, I don't see any duplication of thought or suggestion.

Anyway

feeling better?

Edited July 7, 2008 by madbung

[BoyWhoCriedWolf]

The only reason I have had a look at the R32 (Vspec2) is that the good ones are going up in value now in Japan. I have also noticed the RS30's going throguh the roof too. I have a very soft spot for the 32's, I would like something that I could drive occasionaly too.

There is a Vspec at auction next week, grade 5A. Looks lovely.

[rsx84]

cars are a personal investment, never expect the make money on them..

[BoyWhoCriedWolf]

Anyone with an old ford would agree with you.