Quote:
Originally Posted by Rochard
Cars in general are a horrible investment. But in the case of MarcD or any collector, it's not about the money wasted.
I don't think I'll ever buy a new car again. It's more fun buying something older, restoring it, and then having fun with it. I have about $7k invested into my old truck, it's like brand new, runs like a champ, and I'm not afraid to take it four wheeling at the lake - much more fun than any sports car I've owned.
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My point is that owning 10 new "regular" cars does not make much sense.
To take more extreme example, its like owning 10 new laptop computers - no additional value, you can't fully use them all and no collection value. And hassle to manage.
You can not fully enjoy all of those cars, 30 days/month, 3 day/each car. Thats if you need to drive every day. Now imagine you have one or two favorite cars, you drive them more often. Even less days for the rest. It gets to the point where there may be 1 or 0 days that you drive certain cars. And it takes time to manage them in various forms (could be as simple as battery going low because of not driving a car for some time etc).
And on top of that they just depreciate in value as they are regular cars.
On top of that - its still just regular cars, so its less of a collection and more of waste of space in your garage.
Now if they were oldtimers, that would be totally different story.