12-20-2017 | #2 |
Join Date: Feb 2016
Location: Carterville Illinois
Posts: 845
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Re: Car Investment
I was watching one of these car shows, I think it was an episode of Legendary Motorcars. And the owner told a story of a guy who had a 1970 Boss 429, and kept the miles low for one day trading it in for something. When the 1984 Corvette came out, he traded his Boss 429 in on a new 1984 Corvette. Thinking this new Generation Corvette would be worth a mint, if put away with hardly any miles.......One of the worst trades he said he ever saw, and the was case in point as to why cars are bad investments. Hind sight being what it is, one just never knows how collectible cars market goes.
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