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Investing in a classic car?

Anything considered a "hustle" and not necessarily a CENTS-based Fastlane

Bruno11

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Pretty new to the forum and don’t have much to say about business yet but cars is the one thing I’ve made money on in the past,

May be a different niche of cars you’re looking at but I used to buy mainly jap cars from 90s, driving them/bit of tlc/modifications and flipping them after a few months, you couldn’t go wrong.


If you find a good example that Hasn’t been crashed/written off there almost either always hold their value or go up, so you get to enjoy it for free and get the money back when you’re over it.

when I was younger you could get low kms s15s, r34 gtrs for 8 and 25k now its an easy 20~ and gtrs have gone through the roof to 100k +
 
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Roughneck

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Pretty new to the forum and don’t have much to say about business yet but cars is the one thing I’ve made money on in the past,

May be a different niche of cars you’re looking at but I used to buy mainly jap cars from 90s, driving them/bit of tlc/modifications and flipping them after a few months, you couldn’t go wrong.


If you find a good example that Hasn’t been crashed/written off there almost either always hold their value or go up, so you get to enjoy it for free and get the money back when you’re over it.

when I was younger you could get low kms s15s, r34 gtrs for 8 and 25k now its an easy 20~ and gtrs have gone through the roof to 100k +

Had a few cars over the years but I have, in Australia, seen the rapid rise in some of the older Porsches. Typically the 930 Turbo, could be had for well under 100k here around 10 years ago. Some examples are fetching above 300k. Another is an E30 M3, I almost bought one around 8 years ago for 25k but was turned off by the servicing costs. They are around 80-90k now for a reasonable condition one.
 

Bruno11

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Had a few cars over the years but I have, in Australia, seen the rapid rise in some of the older Porsches. Typically the 930 Turbo, could be had for well under 100k here around 10 years ago. Some examples are fetching above 300k. Another is an E30 M3, I almost bought one around 8 years ago for 25k but was turned off by the servicing costs. They are around 80-90k now for a reasonable condition one.

cant speak much on the euro/exotic markets as I’ve never really been too much into them(for reasons you mentioned, just too much headache with servicing and Inventions by the companies to make it difficult to do it yourself)

but I remember hearing that good example m3s from the 2008-2010 era might become highly collectable, them being the last v8 produced + a bit more modern, the combo of white original paint with red interior sub 100k kms are already asking a premium.
 

Roughneck

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cant speak much on the euro/exotic markets as I’ve never really been too much into them(for reasons you mentioned, just too much headache with servicing and Inventions by the companies to make it difficult to do it yourself)

but I remember hearing that good example m3s from the 2008-2010 era might become highly collectable, them being the last v8 produced + a bit more modern, the combo of white original paint with red interior sub 100k kms are already asking a premium.

Have had a look at these that you are talking about. I think they do seem of good value at the moment and can only go up. Another is B5 RS4's, although alot of examples seem to be high kms but they are definitely on the rise.
If I had money to burn, I would be getting one for sure.
 
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MJ DeMarco

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I think @MJ DeMarco mentioned before he made money on his Lamborghini???

No, but I enjoyed driving it for a few years with very little depreciation. (The Diablo)

I took a beating on the Murciealago which depreciated pretty badly, much like Gallardos do as well.
 

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