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Originally Posted by Chief of the 60's
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No, not really. I guess you didn't get the gist of the post - which is future investments. How does a "today" sale equate to one 20-30 years from now? I guess it takes a little steam out of your smirk.
Some people have more money than brains. Ever been to the NPT Car Museum in Newport, Rhode Island? It has approx. 75 cars in it. They are all privately owned by assorted persons. These investors buy the high dollar, mostly foreign exotics and rare restored/original American cars, and then put them into a"museum" where they make money on entrance fees, and no doubt use the cars for tax right-offs. They do not drive them, thus the museum & display set-up. To drive them would lose their value. That is where a car like that will go, not driven on the road racking up miles.
You should visit the museum, it's a good one and then you will better understand - the last produced Ford Pinto might pull 90K to some nut who sees it as an investment if it existed. To say that it will be a good pick 20-30 years from now is speculation and trying to predict the future markets. I would not give you a dime for the last built 0-mileage Ford Pinto anymore than I would throw 90K for a dud of a car, the Fiero - I remember them new and they were a horrible design and few wanted one. They were associated with engine fires and cars burning to the ground - but I guess you would not be aware of that 30 plus years later if you were not around when they were new.
How do you feel about a low production 0- mileage Pontiac 1000 with the rare optional sport package? - The Pontiac 1000 Sport Package was offered for a little more fun behind the wheel, equipping black sport sideview mirrors, unique front and rear shock valving, a larger front stabilizer bar, an added rear stabilizer bar, cast aluminum wheels, a black rear spoiler, and sport stripes down the flanks.
Now there would be a real 90K investment in today's market that would only increase in value 20-30 years from now.