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Old 03-17-2005, 00:17   #1 (permalink)
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Re: Mustang versus Vette

On Mon, 14 Feb 2005 23:34:04 -0600, Nicodemus Telrenner
<> wrote:

>"Michael Johnson, PE" <> wrote in
>> RichA wrote:
>>> On Sun, 30 Jan 2005 13:39:54 -0500, "Michael Johnson, PE"
>>> <> wrote:
>>>>RichA wrote:
>>>>>Say I take a Vette, that costs $45,000 when new.
>>>>>Then I take a Mustang GT, that costs $27,000.
>>>>>Then I put $18,000 into the Mustang.
>>>>>Which is now the better car?
>>>>Try and get that $18k back out of the Mustang when you try and sell
>>>> The Vette would be a better investment and a better performing car
>>>> for
>>>>the money spent.
>>> Investment? A modern car? That is a laugh. If I want an investment
>>> I'll spend the $50,000 on a Hemi Chrysler (1964-1971).

>> Take a 2005 Mustang and add $18k worth of modifications, drive it for
>> two years and then try and sell it for more than $20k-$25k. The Vette
>> will be worth much more than that from a resale value after two years.
>> Now do you get my point or do I need to draw you a picture?

>Depends. I never buy a car to sell. I think that is a very moot point.
>If i put 18k into a car for performance upgrades, i amkeeping it till the
>bloody thing falls apart, or i die

True, buying a car as an investment is foolish. The onyl ones that it
would be somewhat interesting for is limited production cars like the
Ford GT, plus you can't drive them. Park and look at it. What fun is
that ?

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