Thread: SPF or GT500KR
View Single Post
  #13 (permalink)  
Old 07-19-2007, 08:11 PM
olddog olddog is offline
CC Member
Visit my Photo Gallery

 
Join Date: May 2006
Location: St. Louisville, Oh
Cobra Make, Engine: A&C 67 427 cobra SB
Posts: 2,445
Not Ranked     
Default

Cars are not good investments! Don't kid yourself.

I think we could agree that an original 427 Cobra went up in value more than just about any other car you can think of. Original purchase price was about $5000 and I have heard of them selling for well under $500,000. The stock market from 1967 to 2007 averaged about a 12% return on investment (I did not verify these numbers so they are not facts). Had you invested that same $5000 for 40 years with a 12% average return, you would have $465,255 and not had to spend another dime on it. The Cobra may be the only car that could have equalled an investment. Most of the others are a huge loss of money.
Reply With Quote