09\rt brought up a point I made to someone the other day. If I wanted to make money, I would place my 45-50k into a CD or mutual fun and hope for 3-7% retunrn or more on my investment rather then hope my car becomes a rare desireable.
Thats unlikely with any car, even a possible future collectors item. I think about the Dodge Daytona now worth about 300k or the similar Superbird at about 150k in mint, perfect condition. The Daytona had a high sticker price of almost 5,000 dollars in 1970. It has been almost 40 years now. I would have rather driven it, rebuilt it a few times and put 5k into investments somewhere else on the side. Of course, this is a VERY extreme case of car value, as we all know many classic cars can usually be had for 20-40k in restored condition meaning you would have done better investing some money then getting a car and enjoying it. So, do both, or if you have no choice, drive it like you stole it, you cant take it with you and all those corny sayings.
Oh, me? I work at home and have 5 car, so driving my cars only a few thousand miles a year each is easy because of rain and snow. Challenger does have 1200 on it though
