Quote:
Originally Posted by DGthe3
20 years ago, people thought the exact same thing about the Viper. But now the first ones are worth around half of what they were when they were new. Thats pretty good for a 20 year old car, don't get me wrong. But it hasn't gone up in value like people were expecting.
On top of that, those who buy a new car and store it, expecting it to go up in value need pay for insurance (even if it is just fire and theft) and usually storage fee's as well. Add it up over 20 years and a total investment might work out to a 50% loss, if you're lucky. A real investment over the same time should at least double, probably triple your money.
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Yes but if the Viper had just a 3 year run the original Vipers would be worth a LOT of money right now.
And I am sure people that bought the $150k for an investment had a place to store the car already.
People are already getting damn near 2x the original MSRP when selling GTs and it has only been 4 years. Wow