When your pride and joy becomes an "Ornament"
Discussion
Trev450 said:
Cars are made to be driven - not looked at. If and when the time comes that you are reluctant to use something because of its value, then the pleasure of ownership is lost imo.
+1My guess is that those that start treating their car as an ornament did not expect the windfall of it going up in value. The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place and therefore continue to use it as intended, regardless of what it might be worth now.
boxsey said:
+1
My guess is that those that start treating their car as an ornament did not expect the windfall of it going up in value. The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place and therefore continue to use it as intended, regardless of what it might be worth now.
Spot on. I think a few getting v bored of cars they cant drive now. I know I didMy guess is that those that start treating their car as an ornament did not expect the windfall of it going up in value. The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place and therefore continue to use it as intended, regardless of what it might be worth now.
Scooty100 said:
Spot on. I think a few getting v bored of cars they cant drive now. I know I did
I think I would fall into the same category. Typically I sold my GT3 before they went stupidly stratospheric...so I can only comment from afar on what close friends are doing with theirs that they kept.You must have much wealth to buy a car to only drive it the odd day in the year , a collector for example , but to find that the car you have used for a couple of years for fun and trackdays is now effectively being priced out of those markets as insurance companies shrink away from risk and as an end user of that car suffering higher and higher prices just to run it would get tiresome IMHO
I've just sold my GT3, it did 1500 miles the first year I had it, 500 the next and 600 this year.
I bought it to enjoy a 911 and I did but it was not really suitable for me, nor did I want to use it as a daily driver. The increase in value was a nice bonus but I did fear ending up with something that you didn't want to drive hard.
I've replaced it with a 997 GTS and have driven a 911 nearly as much in the last two weeks as I have the rest of the year.
Regards
Fred
I bought it to enjoy a 911 and I did but it was not really suitable for me, nor did I want to use it as a daily driver. The increase in value was a nice bonus but I did fear ending up with something that you didn't want to drive hard.
I've replaced it with a 997 GTS and have driven a 911 nearly as much in the last two weeks as I have the rest of the year.
Regards
Fred
Far Cough said:
I think I would fall into the same category. Typically I sold my GT3 before they went stupidly stratospheric...so I can only comment from afar on what close friends are doing with theirs that they kept.
You must have much wealth to buy a car to only drive it the odd day in the year , a collector for example , but to find that the car you have used for a couple of years for fun and trackdays is now effectively being priced out of those markets as insurance companies shrink away from risk and as an end user of that car suffering higher and higher prices just to run it would get tiresome IMHO
I found the talking about it and not driving it v dull in the end.You must have much wealth to buy a car to only drive it the odd day in the year , a collector for example , but to find that the car you have used for a couple of years for fun and trackdays is now effectively being priced out of those markets as insurance companies shrink away from risk and as an end user of that car suffering higher and higher prices just to run it would get tiresome IMHO
I now got two well sorted cars and can enjoy and don't stress over.
Insurance is potentially going up a bit but insurance for track days is still very gettable, except for maybe the Nordschliefe and even that isn't impossible. Yes it can all cost a bit more, car has risen in value, still a net gain at the end of the day. Keep driving it is what I'd suggest.
FredBasset said:
I've just sold my GT3, it did 1500 miles the first year I had it, 500 the next and 600 this year.
500 miles in one whole year !! I`d want way "more" enjoyment out of it than that. To drive to a trackday , complete the day and drive home again would see off 500 miles. Not sure I could justify or want a car I used once a year but your post does make the thread point beautifully.supermono said:
boxsey said:
The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place...
So you're pretty rich then. Well done boxsey said:
supermono said:
boxsey said:
The windfall is hard for some not to think about. Me, I only think about what it cost me to buy in the first place...
So you're pretty rich then. Well done Far Cough said:
Just reading the other thread about Steve Rance who has just bought a 7.1 GT3 where he comments on how much the RS`s have shot up in price making tracking them a bit more of a risky proposition....
Yes good example and one of the reasons he went for a 7.1 clubsport. Not cheap but still exellent value when you compare what little difference there is between them and the 7.1 RS.Far Cough said:
500 miles in one whole year !! I`d want way "more" enjoyment out of it than that. To drive to a trackday , complete the day and drive home again would see off 500 miles. Not sure I could justify or want a car I used once a year but your post does make the thread point beautifully.
Indeed, hence why I've sold it and got a 997 GTS. I had every intention of using the GT3 for track days and fun, unfortunately work got really busy and as my daughter got older I was getting less and less chance to use it.That said I've got an Evo VI that did even less miles!
Regards
Fred
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