Today in depreciation (not):
Buy a 2012 Audi R8 Convertible w/a proper 6 speed manual shifter + the big(ger) V10 engine. Then put only 3800 miles on it.
You paid $176,400 MSRP - one of 423 cars spec'd this way - today gets you $203k, a gain of 15.1%.
bringatrailer.com/listing/2012-a…
Buy a 2012 Audi R8 Convertible w/a proper 6 speed manual shifter + the big(ger) V10 engine. Then put only 3800 miles on it.
You paid $176,400 MSRP - one of 423 cars spec'd this way - today gets you $203k, a gain of 15.1%.
bringatrailer.com/listing/2012-a…
Run that $176,400 an inflation calculator since 2012 and its $203,508 in 2021 dollars.
Therefore this car sold for its MSRP on an inflation adjusted basis nine years after its original sale.
Therefore this car sold for its MSRP on an inflation adjusted basis nine years after its original sale.
I keep wondering how much of these prices are being driven by supply constraints related to semiconductor chip shortages for new automobiles.
wsj.com/articles/globa…
wsj.com/articles/globa…
I put mileage on cars, cause they were built to be driven - not sit in garages. Sunny + >50 degrees its top down cruising, depreciation be damned.
Gaskets dry out, hoses leak, rubber decays. Cars like horses need to be taken out + ridden lest they grow arthritic and sad.
Gaskets dry out, hoses leak, rubber decays. Cars like horses need to be taken out + ridden lest they grow arthritic and sad.
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