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Forums10
Topics38,931
Posts550,846
Members14,460
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Most Online1,344
Apr 29th, 2024
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Joined: Sep 2007
Posts: 2,814 Likes: 2
Sidelock
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Sidelock
Joined: Sep 2007
Posts: 2,814 Likes: 2 |
Good on ya! I am kinda gonna do the same thing.....
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Joined: Feb 2005
Posts: 7,438 Likes: 1
Sidelock
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Sidelock
Joined: Feb 2005
Posts: 7,438 Likes: 1 |
Not why most of us do this but in 10 years the car will be worth less than a third of what he just paid.
His gun collection would likely have risen in value. You're right but Corvettes tend to run value wise as an inverse bell shaped curve. Prices tend to go down for the first 20 years then start back up again. This has been true for generations C1 thru C4 and I expect it will eventually happen to later generations as well. I sure wish I had just kept the earlier Corvettes I've owned over the years as financially they sure as hell would have outperformed my IRA. Jim
The 2nd Amendment IS an unalienable right.
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Joined: Feb 2009
Posts: 7,561 Likes: 249
Sidelock
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Sidelock
Joined: Feb 2009
Posts: 7,561 Likes: 249 |
Corvettes just don't appeal to me, but nice car and I'm all for someone getting any of the wants that they can justify. Investment potential might be way down on the list here. I'd have looked at a five year old model of whatever was catching my attention and quickly realize how forgettable some of these things are.
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Joined: Nov 2002
Posts: 9,383 Likes: 2
Sidelock
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Sidelock
Joined: Nov 2002
Posts: 9,383 Likes: 2 |
Well, after years of holding on to so many guns- several of them Model 21s, I recently sold most of my collection. I sold a 20 gauge Browning Supperposed made in 1960 in about 99%, a Grade 5 Model 12, a NIB Browning BSS, 3 Colt Diamondback pistols- 2 of them NIB, a Beretta 686 X MONO Trap shotgun almost NIB and 5 Model 21s. One 21 was a Custom Grade in about 100% that I bought at Jaqua's about 10 years ago for $5000.00 and just sold it for $11,000. And I made several thousand dollars on the other Model 21s. I guess I got tired of having all of these guns sitting around collecting dust and always being afraid of putting a scratch on them. So it was time to get rid of them. I still have a few 21s, a beater for hunting, a TRAP Grade that was shipped from Winchester on the day I was born, and one of the few Pigeon Grades from the Custom Shop. Bravo. Anything that makes one happy is highly commendable. Happy folks usually have longer more fulfilling lifespans.
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Joined: Jun 2008
Posts: 2,756 Likes: 105
Sidelock
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Sidelock
Joined: Jun 2008
Posts: 2,756 Likes: 105 |
I had an E-type some years ago. Had my mid-life crisis early so I could get on and collect guns. I am selling some guns but only to put back into another one. Maybe I'll have a later-life crisis and get an Aston. Lagopus.....
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Joined: May 2011
Posts: 744
Sidelock
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Sidelock
Joined: May 2011
Posts: 744 |
I sold a gun for $1500 once to help buy groceries when times were hard...talk about quick loss of investment. But, as has been said, 'whatever flips your flapper!'
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Joined: Feb 2003
Posts: 286 Likes: 6
Sidelock
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Sidelock
Joined: Feb 2003
Posts: 286 Likes: 6 |
Wow, hope you like it. Personally I would have taken the money and added some to it and bought a 911 SC. Faster and hold their resale value.
W. E. Boyd
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Joined: Jun 2008
Posts: 5,554 Likes: 184
Sidelock
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Sidelock
Joined: Jun 2008
Posts: 5,554 Likes: 184 |
Both take fuel and move a projectile  Well done ! Hope you enjoy Mike
USAF RET 1971-95 ![[Linked Image from jpgbox.com]](http://www.jpgbox.com/jpg/57865_80x60.jpg)
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Joined: Oct 2004
Posts: 194
Sidelock
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Sidelock
Joined: Oct 2004
Posts: 194 |
In the words of Tom T Hall "Younger women, older wiskey, faster horses and more money".
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Joined: Dec 2001
Posts: 3,602 Likes: 11
Sidelock
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Sidelock
Joined: Dec 2001
Posts: 3,602 Likes: 11 |
Well done!
You can only shoot one gun at a time!
Mike
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