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Old 12-31-2003, 11:25 AM
Bill Wells Bill Wells is offline
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Join Date: Jan 2001
Location: Bloomfield Hills, (Detroit area), Mi
Cobra Make, Engine: Superformance 156, ex Paxton 351, now a 392 Ford Racing Stroker
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all posters are right on. these are not investments but hobbies. there are expenses involved, kinda like country clubs and yacht clubs. however, you can generally own one of these for 3-5 years and lose less in depreciation ( barring a major expense of engine rebuild or trans rebuild) than you would if you bought a caddy or lincoln today new and sold it in one year used. best buys for minimal depreciation is buying one used, especially in todays buyers market. buyer #2 or #3 many times can make money or sell it at near break even in 1-3 yrs, or lose very little. the enjoyment of these cars for either waxers or racers or drivers is what gives you many smiles to the miles and makes the ownership experience unique. good luck. bill.
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