Hagerty value for the Heritage!

[FBA]

So are GTs now $250K if under <2,500 miles?

http://www.ebay.com/sch/Cars-Trucks...=3&_nkw=Ford+GT&LH_Complete=1&LH_Sold=1&rt=nc

Seems like $225K is new floor...

On average, more than 225k -

This is my search -

http://www.ebay.com/sch/Cars-Trucks...dtype=22&_sop=3&LH_Complete=1&LH_Sold=1&rt=nc

 

[GT35065]

dshears, my annual premium is $900.00 with State Farm FYI. Maybe where you live, premiums are higher.

 

[jvmax]

I would say at this moment $250k is the floor for anything <10k miles

 

[Kayvan]

Ok

Im going to go blow that extra $25K on Malibu Barbie

 

[LUKE]

real money

buy 150K 6% inflation 9000 x 10 years 90K + 150K =240K breakeven

 

[GT35065]

Man Luke, what a buzz kill. Who wants to hear reality?

 

[TO AWSUM]

buy 150K 6% inflation 9000 x 10 years 90K + 150K =240K breakeven

Sort of break even. What isn't factored in is being able to use your investment rather than just look at a few numbers on a mutual fund page. I like to invest in things I can enjoy as they appreciate, since I find looking at numbers on a page as boring and at times depressing. A FGT is rarely depressing even if the value declines.

 

[GKW05GT]

Sort of break even. What isn't factored in is being able to use your investment rather than just look at a few numbers on a mutual fund page. I like to invest in things I can enjoy as they appreciate, since I find looking at numbers on a page as boring and at times depressing. A FGT is rarely depressing even if the value declines.

+1

 

[twobjshelbys]

I've never ever made mine on a car and figured the same would be true of the gt. I bought it to have fun and it has delivered. Anything else including not having the normal depreciation is just icing on the cake

 

[FBA]

Well Luke, I have seen the growth you posted in only 3 years...so, better than a mutual fund for me, and I get to drive it!! I won't even talk about the one I don't drive that I bought 2 years ago and shows even better returns!

 

[mal]

Well I bought my Heritage 15 months ago for the equivalent of $240K - so if the figures on here are to be believed it s doing rather well ... and I have enjoyed 3000 miles of great motoring as well

 

[Xcentric]

buy 150K 6% inflation 9000 x 10 years 90K + 150K =240K breakeven

Inflation is overstated. With 1980-1982 base period = 100, Jan 2005 = 190.7, Jan 2014 = 233.9. SOURCE: US DOL BLS CPI.

Interesting that the BLS CPI numbers could actually represent hypothetical GT transactions. If you paid $190,700 in Jan 05 (and there were people who paid more back then), adjusted for actual inflation as measured by the CPI, you would have paid $233,900 in Jan 2014.

As recently as 1980, $1M net worth was considered having "made it" in the US (movie "How to Marry a Millionaire," tv series "The Millionaire," expressions "you look like a million bucks"). But even by 1980, a million wasn't what is used to be. Today, you'd need $2.34M to equal $1M buying power in 1980.

Anyone who can consistently beat inflation by a couple of percent is doing fairly well.

/End of buzzkill.

 

[BlackICE]

Anyone who can consistently beat inflation by a couple of percent is doing fairly well.
/End of buzzkill.

Anyone living in NY or CA that can consistently stay even with inflation after taxes is doing great,

 

[PeteK]

I put this in google translate to try to understand it and this is what I got:

私も956が3、他の車にHAGを持っていることを、彼らは決してclameのGT20年のカストを望んでいない私に言った

Great riposte!

 

[Kayvan]

If you dont get divorced you get a 50% return forever.

 

[Xcentric]

If you dont get divorced you get a 50% return forever.

If you lease instead of buy, you get a better return. And, you get a new one every couple of years.

 

[mopar]

If you lease instead of buy, you get a better return. And, you get a new one every couple of years.

for sure LOL

 

[BlackICE]

If you dont get divorced you get a 50% return forever.

Cashflow can be severely affected by marriage.

 

[FBA]

Fact: Marriage is the prime cause of divorce

 

[GTED]

Alright, I'm tired with my GT... I'm selling my immaculately cared for heritage with gen II Whipple for $160k, and the first one contacts me gets it.

Don't hold your breath.....

GTED