Thursday 7th February 2002

Sports cars - good investment!

A sports car is a good investment

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[Don]

I wonder how the Boxster came out top...percentage wise maybe it does have the highest residual value...but since it costs a fortune to buy in the first place even a smaller percentage drop can equal a whole pile of money! More than the cheaper cars may have lost...

Still. If you worry too much about residuals you probably shouldn't have bought one in the first place.

[marki]

if i "had" worried about residuals i would be a wealthy man ,,, hurts when i think of the money i have spunked away on cars but think of the fun i have had

[hertsbiker]

quote:
if i "had" worried about residuals i would be a wealthy man ,,, hurts when i think of the money i have spunked away on cars but think of the fun i have had

Ha !!! in 4 years, and 5 bikes, I have lost about 12K in depreciation, possibly a lot more. Agree with you about the fun factor.

[Jason F]

quote:I wonder how the Boxster came out top...

Neighbour of mine who insists on the TVR/Porsche argument every time we meet has told me that his dealership offered him 3k less than the purchase price of his boxter 3 years after he bought it, if he part-ex's for a 911..

Not a bad one there.. I have lost maybe 7k in 3 years on my Chimaera

[kevinday]

During 10 years of ownership of my 240Z it cost me maybe £30K. Depreciation was about 85% of the cost of the car (£10K), the rest was engines, gearboxes etc. With £30K what could I have bought and had the same fun? Not much really, the money is not important, its the enjoyment that counts.

[nubbin]

I've lost £13000 in 2 years on my Chimaera. Hey ho, life goes on....

[alfa dave]

Where'd they get a 3 year old Jaguar X type....?

Or are they guessing....?

[pbrettle]

Alfa Dave,

Good point - and what about the Lexus SC? Thought that they were announced in 2001 and shipping to customers in 2002.... or have I been in a coma?

Cheers,

Paul

[K G]

quote:
Alfa Dave,

Good point - and what about the Lexus SC? Thought that they were announced in 2001 and shipping to customers in 2002.... or have I been in a coma?

Cheers,

Paul

The older one's been around a while - SC300, with the Supra's engines. (1J and 2J)