goto35
Member
i typically keep cars for 1-3 years. which will keep its value more?
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if Lotus stops producing gasoline vehicles in 2027, emira's price will hike in the futureDifficult to say. Depends on what future models arrive and how much better they are.
The I4 has more power headroom (making room for several power/model releases) whereas the V6 is near the power limit. Manuals are also rare in sports cars these days so that might help hold V6 manual prices longer term.
At some point the V6 will no longer be available (perhaps ~2 years) at which point they will become collector items whilst the I4 is still planned to be produced in parallel with the new fully electric Type 135 for a period of time.
Cars have always been a collectible item and an alternative investment instrument. One can collect cars and drive/use them at the same time. Collectors can be drivers, drivers can also be collectors. I personally don't have a problem with old Porsches or whatever cars appreciating values. ADM on the other hand, is something I don't like but I understand. Buying future collectible cars is like bidding and betting their values are going up significantly, hence ADM. It's a capitalist world, money trumps loyalty, purchase history, VIP status, etc at dealers/in the car market.Not sure why folks are so worried about holding value if they plan on actually using the car. This approach only perpetuates ADMs and the crazy market where old Porsches cost 100k+. It's a shame depreciation is such a driver of a sports car purchase nowadays, a rather non essential item that, in my mind, should not be a place to park one's critical net worth.
Not many collectible cars that hold value with more than 30k miles if BaT is an indication. I don't see much allocation to cars within institutional investors...Cars have always been a collectible item and an alternative investment instrument. One can collect cars and drive/use them at the same time. Collectors can be drivers, drivers can also be collectors. I personally don't have a problem with old Porsches or whatever cars appreciating values. ADM on the other hand, is something I don't like but I understand. Buying future collectible cars is like bidding and betting their values are going up significantly, hence ADM. It's a capitalist world, money trumps loyalty, purchase history, VIP status, etc at dealers/in the car market.
Still trying to address your original point, can you invest in a car and use it at the same time. You are right that cars with more miles will decrease their value. On the other hand, if you don't plan on daily driving the Emira, 2k weekend miles a year is 15 years to your 30k mile threshold. In that scenario, with your condition, Emira can hold/appreciate its value in that use case.Not many collectible cars that hold value with more than 30k miles if BaT is an indication. I don't see much allocation to cars within institutional investors...
My 2019 STI I bought used in 2020 with 14k miles hasn't lost much value based on recent sales I have seen. I have 50K on the car now and I have seen similar models with higher miles sell for just a little less than what I paid. Please don't mistake my post for me actually being an expert on this subject.Not many collectible cars that hold value with more than 30k miles if BaT is an indication. I don't see much allocation to cars within institutional investors...