4 ms·
Reminds me of what I've heard Porsche aficionados say: "You can't pay too much for a classic Porsche. You can only buy it too soon". They're not making any mor
by lastofthemojito 5y ago
Reminds me of what I've heard Porsche aficionados say: "You can't pay too much for a classic Porsche. You can only buy it too soon".
They're not making any more of them, and demand and prices only go up (until maybe one day they don't, I don't know).
- xyzelement 5y ago>They're not making any more of them, and demand and prices only go up (until maybe one day they don't, I don't know). You can say that about anything - limited run beanie babies, bitcoin, whatever. It's all true until it's not. In the case of classic Porsches, next time you hear someone say that, ask them (a) what's gonna happen once boomers die out. Do genX/Z/millenials give a shit about a classic Porsche the way a boomer would? (b) what happens if/when we replace ICEs with electric and the gas station infrastructure goes away (not saying it will happen but it's one likely future path.) In the world where you can't get gasoline, is a classic car still valuable? I don't know the answers to these questions but unless the person who is giving you advice has modeled this out, their advice is of no value.