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Old 01-23-2022, 02:01 PM
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patrickt patrickt is offline
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Join Date: Jun 2005
Cobra Make, Engine: ERA #732, 428FE (447 CID), TKO600, Solid Flat Tappet Cam, Tons of Aluminum
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Quote:
Originally Posted by Marauderfh View Post

Going from 95k at some places to 30k seems like the highest depreciation in five years I've ever heard of.
I look at it this way: I bought my ERA over 15 years ago and, at that time, Peter told me I could never sell it. Even if he hadn't said that, I still would never sell it. So how much is something worth that you can't, and would never, sell? Arguably, nothing. So that's a 100% depreciation and my car is essentially worthless. The Cobra hobby basically sucks as an investment. You should avoid it.
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