F40 prices sinking fast? Asking below $499k and no takers

Just seen this thread and the first page from 2008.... Well that didn't last, should have done some shopping back then!

I bought my F50 in 2013 and it has more than doubled in value since then....

 

I also just stumbled across this searching for something else ... Was alarmed (and intrigued) by the talk of F40's at 400k and thought I had missed something - then I realized it was a 7 year old thread - oh dear....

 

back to reality...seems the bubble burst

 

great time bargain hunt. Get the deals why you can.....

 

What is about the price for the car above, my insurance called me to adjust their policy as it was covered for too less they say.

Ciao
Oscar

 

and even more fun to read 7 years later

 

The predictions on what the global economy would do were sooooooo far off of what occurred.

The FChat "Fear Index" as a contrarian indicator...

 

we smart people did both as were not mutually exclusive...

 

although i bought csx, goog, aapl, and spy so i didnt make anywhere near the AMZN return in aggregate. shld have bought more cars.

 

bought GLD too...shld have bought more cars.

 

should have bought A LOT more cars

 

Meh, S&P 500 with dividends reinvested from the start of this thread would have taken $499k up to roughly $2.5 million, which is basically where the F40 went without having to maintain in or really lift a finger!

Admittedly not nearly as much fun, however…

 

there you go....

 

Lift a finger? Owning an f40 only a receiving experience, never a chore. Its a blessing to be a steward. Id take 100 percent f40 and 0 spy every single time.

 

Right, that's fair.

But buying, say 5 of them, as an investment?

Not so much.

 

Lol this is the one time ill respectfully disagree!

 

you also forgot to deduct what you would have been obliged to share with uncle sam, prior being able to use those funds to purchase a car....
that haircut will set you back some

 

How would that be any different than buying and selling a high priced car?

 

Buying and selling both is roughly the same (long term gains vs collectible rate aside). But saying you could have bought sp500 years ago and then sold today to buy an F40 isn’t true since the tax bill would leave you with less than needed to buy the F40 today. There is a subtle difference - in one situation you can be owning and driving an F40 and in the other situation you can’t.

 

But that’s not what one is saying.

The talking point is literally about comparing the return of buying one asset class vs. the other, bought and held at the same time.

The two are a wash.

 

well mark made exactly the point i was trying to make, and evidently both of us thought that this was the implication of your post.
ie, buy the stock, ride that wave, sell the stock and buy the car.
but if that was not it, then so be it.
still glad i bought the car