- Joined
- Dec 12, 2022
- Threads
- 1
- Messages
- 14
- Reaction score
- 21
- Location
- New Jersey
- Vehicle(s)
- BMW X5, Mini Countryman, Ram 2500, FJ40, FJ60, Z3
- Your Bronco Model
- Badlands
- Thread starter
- #46
Just to clarify a common theme in these responses vs my personal intention, I wasn’t trying to imply that I’m actually buying the Bronco as an investment. I’m buying the Bronco because I wanted a 4 seater convertible in a stick. And I thought this would double as a great beach vehicle. The only “investment” side for me was SAS. I probably would have done without it but figured it will be worth the extra ~14% (in my case).
I should have been more clear… but that’s why I said “treating as a classic.” For me, that means avoiding doing anything that impacts originality, keeping the paint in good shape, avoiding rust, keeping receipts, and keeping mileage in-check.
I’ve had a number of different classic cars and I never bought any as an investment. But what I tell friends, this is my hobby. My “insert car” will have more residual value than last year’s green fees or floor seats.
Also keeping the miles low is a byproduct of it not being my DD. It’s not that I’m avoiding miles just for resale value.
I do respectfully disagree with the comments about NOT being a classic just because it’s mass produced. That’s disproven daily. VW Beetles are probably the most mass produced cars in history and are classics. Heck, the first year Mustangs are truly sought after and there were like a half million produced. Sure rarity helps, but isn’t exclusive.
per the comment mocking that anyone can buy the combo. Again, moot point. It’s not ALWAYS about rarity of a feature. It’s about the desirability. In the 70’s Fiats, an automatic was like 10% of the produced cars but are worth about 30% less than manuals. The hard part here is predicting which feature is desirable. 15 years from now it could be the 2.3 is crap and is totally avoided, or vice versa.
IMHO, though for the record I HATE that this might be true, I think 20 years from now any car with an ICE is going to be sought after. I’m not anti electric, I have a hybrid too. But I will miss the ICE, and I think others will as well, driving up value.
thanks all for your response!
I should have been more clear… but that’s why I said “treating as a classic.” For me, that means avoiding doing anything that impacts originality, keeping the paint in good shape, avoiding rust, keeping receipts, and keeping mileage in-check.
I’ve had a number of different classic cars and I never bought any as an investment. But what I tell friends, this is my hobby. My “insert car” will have more residual value than last year’s green fees or floor seats.
Also keeping the miles low is a byproduct of it not being my DD. It’s not that I’m avoiding miles just for resale value.
I do respectfully disagree with the comments about NOT being a classic just because it’s mass produced. That’s disproven daily. VW Beetles are probably the most mass produced cars in history and are classics. Heck, the first year Mustangs are truly sought after and there were like a half million produced. Sure rarity helps, but isn’t exclusive.
per the comment mocking that anyone can buy the combo. Again, moot point. It’s not ALWAYS about rarity of a feature. It’s about the desirability. In the 70’s Fiats, an automatic was like 10% of the produced cars but are worth about 30% less than manuals. The hard part here is predicting which feature is desirable. 15 years from now it could be the 2.3 is crap and is totally avoided, or vice versa.
IMHO, though for the record I HATE that this might be true, I think 20 years from now any car with an ICE is going to be sought after. I’m not anti electric, I have a hybrid too. But I will miss the ICE, and I think others will as well, driving up value.
thanks all for your response!
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