Post by
mtnhighus »
https://forums.nicoclub.com/mtnhighus-u107812.html
Sat Dec 06, 2008 3:18 am
you are exactly right, cars are a depreciating assest, from the minute you sign the paperwok. in the american market, most cars hit bottom in 5-6 years, thats all detroit wants you to keep one, then buy another. (i had a ten year old ford, low milage, that my local dealer refused to work on). but the lower the number of cars built, or imported, (rarity) and how well they hold up, and are maintained, determines how fast they will start appreaciating again. look at the older datsun 240 z's what are they worth now? most cars are built for the masses, i dont see a 350Z in every driveway, which by nature makes it a "speciality" car. the value may drop, but it will rise again. to what level? only time will tell. just my opinion.
Modified by mtnhighus at 5:32 AM 12/6/2008