Car Models that are starting to appreciate rather than depreciate (muscle car, auto)
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Muscle cars from the 70's are a good investment ever seen Barret Jackson auto auction.
BJ cars are the exception to the rule. More importantly did they know what these cars would be worth in the 70's? Now the are not a good investment, as prices have been dropping for the past few years
Post 2000, I would say the VW R32 (first gen), and Acura RSX Type S. Even the 20th A.E. GTIs.
Both cars are no longer produced and had a limited run. But youd have to get one that is absolutely mint. All I could think of off the top of my head as a potential, again, that is potential...
Post 2000, I would say the VW R32 (first gen), and Acura RSX Type S. Even the 20th A.E. GTIs.
Both cars are no longer produced and had a limited run. But youd have to get one that is absolutely mint. All I could think of off the top of my head as a potential, again, that is potential...
Thanks for the suggestions, ill look into them . Yeah I'd prefer post 2000 most likely. The idea is more to get something that would be good for a daily driver type of car that will hardly lose value. Not expecting to buy something and then make a fortune off of it .
I'm looking to purchase a car but looking to buy something that will either not depreciate or depreciate very little.
Most all cars depreciate. Unless you are dealing in exotics or classic muscle, it really is pointless to have this as a major sticking point if you are buying used. Most people stick to mainstream popular imports like Hondas and Toyotas to avoid this "issue" but at the same time they spend more buying these cars compared to a comparable Mazda or Chevy. So pick your poison I suppose.
A car like an S2000 that was built in limited numbers and has been discontinued and desired by both enthusiasts and mainstream buyers alike will hold on to its value.
All cars depreciate if used. I can promise you that those cars you see at B-J don't have 200,000 miles on them. Most exotics are useless long before that.
Muscle cars from the 70's are a good investment ever seen Barret Jackson auto auction.
The very expensive BJ muscle cars that are 75-100k+ are just garage queens, as soon as you drive them the value goes down.
0 mileage wrapper cars can be a good investment but are not drivable.They are just garage art, might just as well buy a painting.
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