This is an overall view of Hagerty's 9 year Bull Market picks.

[SteveSS]

There's a whole lot of information in this article but I picked this chart.

Average

Return




Japanese 83%

Utility 75%

Vintage 36%

Supercar 39%

Euro 50%

Muscle 37%

Truck 29%

Sports Car 12%

Motorcycle 14%

Paraphrasing Jay Leno: Buy what you like, and if it goes up, so be it.

 

[RemCharger]

Take Jay's advice and quit fretting about car values so much.

 

[Nutso]

Investing in cars doesn’t seem like a good plan as they deteriorate while sitting and get worn while driving. I’ve always been able to sell cars for what I paid (with inflation), not counting upgrades and repairs. I’ve never been massively upside down…but I haven’t had any really high dollar show cars either. Just drivers.

 

[68BabyBlue]

My other investments payed for the cars.

 

[SteveSS]

It's cool to drive a car 20 years and have it worth what you paid for it. Investment? Not really, but it's a fun game to play. You have to have a car living in the US. Why not choose one that doesn't lose money?

My most enjoyable car purchases are the ones most people don't see as desirable, then have them jump in value.

 

[SteveSS]

Of course, there's the beater mentality. You buy a beater for $2,000 and invest the money that $40-$90K cars cost now. I think that's what Warren Buffet does.

 

[68BabyBlue]

Of course, there's the beater mentality. You buy a beater for $2,000 and invest the money that $40-$90K cars cost now. I think that's what Warren Buffet does.

My mentor told me that in 1970. I followed her advice. It put her GTX in my garage, 50 years later.

 

[DynaBro]

I play a little game with Wall St Zen's Strong Buys list. You can set it to Upside, highest first and get lines like this:



NRX PHARMACEUTICALS INC MARKET CAP $61.25M PRICE $2.18 TARGET $36.50 UPSIDE/DOWNSIDE + 1,574.31%


It's gambling, but 1,574% return is pretty enticing. I'll spread equally across the top 20 with ridiculous upsides like that. They're usually biotech. So 5 fail. 3 gain like 50%. and 2 pop. I usually come out pretty good as long as I check daily for the moment the ones that pop get bought out, have major good news, etc. and sell. Never seen a 1,000% percent return but routinely double my money minus taxes.

 

[SlingLow]

Investing in cars doesn’t seem like a good plan as they deteriorate while sitting and get worn while driving. I’ve always been able to sell cars for what I paid (with inflation), not counting upgrades and repairs. I’ve never been massively upside down…but I haven’t had any really high dollar show cars either. Just drivers.

The 'investment' in my driver quality cars is in my lifestyle, not dollars. This doesn't make sense if you haven't first invested in meeting your long-term needs. I feel like I can recoup most of my investment in each car including upgrades, repairs and maintenance all of which I keep on spreadsheets, but it isn't all that important in the long run. What is important to me is the ability to cruise around in something not often seen, and which I enjoy owning, driving and tinkering with. Life is good with the top down!