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Depreciation and the unbelievable acceleration of modern basic sedans has destroyed the mid tier performance car. The outrageous horsepower era we're in now ha
by theluketaylor 8y ago
Depreciation and the unbelievable acceleration of modern basic sedans has destroyed the mid tier performance car. The outrageous horsepower era we're in now has produced some weird side effects.
All the money has shifted to classics where you can own a car for a decade and have it be worth the same or more. Maintenance will be somewhat expensive, but after you factor in depreciation it's a far cheaper way to own an interesting car. Some of the blue chip classics like air cooled 911s are basically liquid assets since you can turn them into cash with as little as a few hours notice.
- EADGBE 8y agoI agree with all this. I also think the every-model-year-update to appearance (for appearance sake)[1] enhances the acceleration of depreciation for any desirable car. [1] (trucks are probably the worst at this - as it's obvious no other part of the body changes)