Originally Posted by DrDirt
There is that school of thought, but unless you are talking about extremely rere atuomobiles, there are much better investments than cars. The trouble with cars is in order to protect your investment you must constantly be worried about what the next owner will want. That sort of takes the fun out of it for me. I see no point in having a car than you can't drive where you want, when you want and how you want because it will devalue it for the next guy. Buy real estate instead.
I didn't really say that my car is an investment - but in my toys - of which my car is one - my goals is to lose as little money as possible. My last Porsche I bought for 22K - used it for two years - a cab totaled it and I got 23.5k out of it. This car I bought for 19K - even with the money I have put in it (all tasteful and performance enhacing) I could probably sell it tomorrow for mid to low 20's.
Is my goal to make money on my toys? no, but it sure makes it easier to step up to the next level when you don't lose money on your current project. That's all - just a different way to look at it...