Jump to content

aardvark

AOAI Forum Members
  • Posts

    368
  • Joined

  • Last visited

Profile Information

  • Gender
    Male
  • Location
    Canton (Cruso) NC in the Mountains
  • Interests
    Collector cars,, Building Tiny Homes. Living the life.

Previous Fields

  • My Avanti
    '63' 63 - R2-2238 02 Avanti

Recent Profile Visitors

9,991 profile views

aardvark's Achievements

Rising Star

Rising Star (9/14)

  • One Year In
  • One Month Later
  • Collaborator
  • Week One Done
  • Dedicated

Recent Badges

0

Reputation

  1. Good for You and I am truly happy things work like that for You. It hasn't gone like that for us. I've had 67 vehicles... Only 1 bought new (first car) and I ran it into the ground for 12 years and 250k miles. I figure I got my money out of that car . The rest were to get around but always in my mind has been to sell later for more or use it up until it gets hauled off on a hook. Since I've been blessed mechanically It was possible to do this... Everyones situation and abilities vary.
  2. MFG. Good points and the stability of the markets is not always predictable.... but research over (say) 10+ years can show trends.. with market fluctuations. That said. Your 401K plans are also at risk of the same thing.. (I lost my ass(ets) in 2008). Being I went down the standard investment s... hole in the past, these Vehicles are a far more stable market, BUT.. They must be treated as such IF Your going to get ahead in the vehicle game. And it to me is a safer investment.. Like any Investment much research and time must be done to follow trends. I'm not a Master in that realm but I have watched the Vehicles rise and fall a little,,, but nothing near as bad as the Markets. I also see better offerings in the Vehicle Markets because YOU set the Purchase prices by buying at (say) 50% or more from what the Market is bringing.. Not true when doing stocks/bonds. Their prices are set... no fluctuations. No Negotiations. That said, IF You buy well below market value, You should be safe. You see. I'm in this to win,,, not just because I love a certain model car. As said... I can't afford to lose ... and so far so good. This must offend many that I'm not buying for the desire to own a certain model... BUT.. I do get to buy them.... Just under my terms.
  3. I know this is going to possible\y offend or disturb some, but it's where I have to be. There's an old saying...."The profits are made at the time of purchase!" So to not be aware of the end game market price, and knowing if or if not the Market on the Vehicle will increase is a major loss to many folks . ... I can't (won't) buy without a significant built in profit. I see too many people buying just because it's their dream car. That attitude can be very costly in the end game. If You can afford funding losses, Enjoy! (Would You do this with Your stock investments?) I have to approach any ''Hobby'' as a ''Business Venture''. No matter how much I LOVE the Hobby, if it doesn't show a profit, I personally can't afford to participate. This means, that I also won't restore or Retro a vehicle unless the calculated end game makes a profit (labor included)... I'm just not in the Financial Class to afford to make big mistakes. I'm glad many of You have expendable cash to play with, but that's not the hand of cards that I was dealt.
  4. It's good if You have the free cash to do so.
  5. I was curious about that. Thanks for the info.
  6. Shifting group for sure.
  7. Good point but I doubt the Youngers even know what an Avanti is. They will more likely look at an old Chev / Chrysler / Ford and more likely than those, some Jap 4 to 6 popper. At least that's what I'm seeing at the Car Shows.
  8. I can see that from a Buyers point of view... and agree it's like a good thing. For me.. ALL Collectibles are still surging and it suits me that what I've bought (4 differing Sports cars) have escalated to 2X the value that I spent. So the Avanti's haven't surged to (say) the value of a Camaro or Stang, That's good since the entry level is still available. But to me, the Avanti's are on the rise.
  9. Well, Mfg... I just don't have a choice. I need to watch where my pennies go. I'm also at the age where working on them much is out of the question,
  10. Profit for me is a necessity or I can't afford the hobby. I'm not made of Money ... I make Money... So I buy right and always shoot for a 50% profit, or I don't do the deal. Thus far I have 4 Sports Cars. ALL have a large built in Profit Margin. If they need sold I won't suffer a loss. So I'll be selling and searching for the next vehicle.. Don't get me wrong, I LOVE me some Horsepower and Shine, but I don't get attached to them over the Love.. It must profit or I'm out.
  11. Amen Ron. Considering the rarity, It leaves us room to ask what We want. I'm in conversation with a guy right now who is searching hard for a '02' or newer, He's hitting a wall and can't accurately find any Comps on the vehicles. Imagine no real Comps... when only about 35 a year were even produced.
  12. I believe there was just recently an R2 that sold for $150 and the one newer model that was in storage overseas went very high as well. For the R2, look in the For Sale section here. It kinda shows there are possibilities to bring the cars into unexpected profits. So currently I have an '02'. I wouldn't let it go for less than $60k.Understand I don't want to sell right now but if offered that, it would be gone. Will it bring that price today? Maybe but not likely.. All said, they will be bringing that in the future if the current price rises I've been watching continue. The price of mine has near tripled since I bought it just 2 years ago.
  13. footer. Seems like there are more out there than were actually produced.
  14. That is not the pricing I have seen. By the way, what year car are those numbers representing?
  15. Yeah, it's due to rarity. And other issues enter into the mix. So then.. I have a '02' model.. 1 of 33 made. 1 of 15 in Convertible... I bought it at the right price (quite low) and in the 2 years I've watched it escalate to over 3X what I paid. They seem to be averaging $50k+. One recently sold for well over $100k (a fluke). So I'm in a quandary as to sell or not. Will it keep escalating in price? My suspicion is YES!..Mainly due to low miles and rarity.
×
×
  • Create New...