cars are rarely investments, even classic ones. There are a few RARE exceptions, but they are so far and few, that any sort of blanket statement is nothing more than a colorful lie.

Charles

 

its like anything you buy fix and sell, you take a gamble on the market

if the market is dying for showcar 240s...then you'll get a higher return, but definately NOT 100K

and buying a muscle car to flip it, unless you do all the work yourself and get serious deals on top name parts, you're not likely to make back what all you put into it, or might make a few thousand, my time is cheap, so i'd be OK with that, but who else would?

and just like flipping a house, you have to hope if you're trying to have a quick turnover that the market will cooperate and that what you've done to the house will attract a buyer

but the biggest thing of it all is sitting on it

if you bought an old car and sat on it, you'll make hundreds, if not thousands, of percent gains, but what'd they get that 240 for?

it was probably a decent chunk of change if it was in decent shape, and if it needed work thats more money spent in fixing it

while i could see the original plan as making it an investment, even if it is misguided, but yeah, if it was actually intended as an investment it was a poor one

a semantic discussion on TR

i never would have believed it

 

Okay, let's go along with the assumption that he "invested" $100k to make the car "Faster". The question then is: Did he get his $$$ worth? Face it. It's for sale because he wants a down payment on a new GTR.

On that note. My car is/was not an investment. I never bought it with the intention to fix it up and resell it. I bought it becuase it's my rembrandt. It's my definition of art. I have more $$$ into it then it is worth, and I don't care, I love it!

Charles

 

I dont even think that car looks that good.

 

i "invest" my money on my car to make me happy. its not to make money off of it so i think when people put $___ invested, i think theyre just using it as a way to get the car to sell faster. if u had 45gs and wanted a silvia chances r u would buy that one just to get a deal on all the parts.

 

Not that I think it was a good investment, but it looks like from the pictures that he's entered it in shows before; the 'investment' could have been in order to compete, in which case the return he was trying to achieve was in prize money or pride. I've invested in three engines for one of my race cars since it blew the first two up; I won't make money on it but I needed them to run the car and sell the car.

 

How about we just say Money Spent.

 

They are trying to Make money by winning shows.... still a crappy investment though.