Declaring my 550 as an investment....man maths rules!

[Mario149]

It's official, deducting all relevant running costs, my 550 has probably "earned" me about 10% of its value in the 18 months or so I've had it based on advertised asking prices, and still going up. Hence, I am declaring the car as part of my investment portfolio meaning so long as I only drive it a couple of thousand miles a year (just to keep it loose you understand, only on v special trips) it should still perform (financially) quite well

In man maths, this means that the similar amount (£65k or so) I was going to do sensible stuff with is now free to be spent on another super car Genius or what?! What should I add to the stable? You get extra brownie points if it's something that's also appreciating

Edited by Mario149 on Friday 18th July 19:43

[Pork]

Another 550?

[MDahmen]

I like your thinking - How about a LHD 512TR

[clarkmagpie]

Pantera

[andrew]

two more 550s and spread the mileage
hth

[Mario149]

Thanks for your suggestions people (andrew, mdahmen ), problem now solved

http://www.pistonheads.com/gassing/topic.asp?h=0&a...

[andrew]

sod the man maths, it's the speed that's most impressive

[MDahmen]

sweet. congratulations

[User33678888]

Early Manual DB9 for c£40k

[tomtom]

Bloody hell Marco, you don't hang about!

[Mario149]

andrew said:

sod the man maths, it's the speed that's most impressive

[Mario149]

tomtom said:

Bloody hell Marco, you don't hang about!

again

[f1ten]

bad behaviour and frankly greedy. I guess i will need to drive it a little to make sure it gets used since my fleet seems to need more repairs!

[Mario149]

f1ten said:

bad behaviour and frankly greedy. I guess i will need to drive it a little to make sure it gets used since my fleet seems to need more repairs!

[Bluebottle911]

Mario149 said:

It's official, deducting all relevant running costs, my 550 has probably "earned" me about 10% of its value in the 18 months or so I've had it based on advertised asking prices, and still going up. Hence, I am declaring the car as part of my investment portfolio meaning so long as I only drive it a couple of thousand miles a year (just to keep it loose you understand, only on v special trips) it should still perform (financially) quite well

In man maths, this means that the similar amount (£65k or so) I was going to do sensible stuff with is now free to be spent on another super car Genius or what?! What should I add to the stable? You get extra brownie points if it's something that's also appreciating

Edited by Mario149 on Friday 18th July 19:43

Having acquired my 550 about the same time as you did, probably for similar money, I too have been very pleased with the way my asset appears to have appreciated, although, like you, that was not my reason for buying it. I have just bought an E-type.