Heartbroken
#26
Originally Posted by RotrDoc
Nope--Almost every car depreciates over the first decade. Appreciation in price (as a classic) comes later. Speider was right on.
I know what he was trying to say, it's the way he said it. Every car does not appreciate in value. That's just ridiculous to say. But if you all bought the 8 with the anticipation that it would miraculously increase in value over the next 20+ years then good for you, you really know a good investment when you see it .However the reality is that it most likely won't or ever will,especially those that have been heavily modded. Don't get me wrong I love the car but I just don't see this happening. The 8 is not rare by any stretch of the imagination. The only unique element is the Renesis motor. But if thinking this helps you to justify your purchase then more power to you. I for one am not holding my breath. I've owned cars that were considered "classics". Have they all increased in value? No they haven't. And they may never. The only way this car would ever appreciate in value is if when you bought it you stored it in a garage and never drove it. Then just maybe you could see it's value increase in maybe 20,30,40+ years. But even then it's value wouldn't increase much. But hey, this is just my opinion. I'm not here to rain on anyone's parade.
Originally Posted by spieder
Every car appreciates in value. The only question is, how many decades will it take?
Last edited by tiggerlee; 01-06-2006 at 04:54 PM.
#27
I hate to break it to you but there are still '05 Shinkas sitting on dealer lots. It may be a little less common than some other colors but it's not exactly a rare car. Just enjoy the car for what it is (a great handling well balanced car) and if you bought the car because you thought it would be rare or unique than you don't deserve the car.
#28
Woah...I think I've rattled a few cages with my initial comment. You mean to tell me that if I wanted something "rare", I don't deserve it? That's crazy man. And with just 1,357 Shinkas produced in 2005, i think it's safe to say that its pretty rare, regardless of how many are still on lots for initial sale.
BUT, that's not why I bought it, but if I did, with me being the guy putting the cash up, I should be able to have whatever motives I like.
I bought the car only after driving it. I've assisted in the sale of about 8 RX-8s on my word alone. I just live in a town where they are every 6th car......and I'd like my rare ride to stand out a bit if that's alright.
BUT, that's not why I bought it, but if I did, with me being the guy putting the cash up, I should be able to have whatever motives I like.
I bought the car only after driving it. I've assisted in the sale of about 8 RX-8s on my word alone. I just live in a town where they are every 6th car......and I'd like my rare ride to stand out a bit if that's alright.
#30
Originally Posted by tiggerlee
I know what he was trying to say, it's the way he said it. Every car does not appreciate in value. That's just ridiculous to say.
#31
Originally Posted by Krankor
Take the crappiest, commonest, least-likely-to-appreciate car you can think of, put it in storage for 1000 years, and I PROMISE you, it will have gone up in value.
I tell ya what, I'll meet you half way. I'll check back in 500 years and we can continue the debate..
#33
Originally Posted by RotrDoc
Thanks, Gordon. You beat me to it on this point. My wife drives a Miata 2001 SE. We knew at the time that the British Racing Green scheme was "special", but not unique enough to be collectible. At least not for 30 years or so. I take it (from your username) that you own a BRG also??
Meanwhile, Mazda Canada decided to re-introduce BRG. From 1994 through 1997, BRG was just another regular colour. It was available on the Base model (with the black cloth interior), and the Leather Package (like my '96 - aside, Canada's Leather Package was much closer in options spec to the US M Editions than to the US C or LP). On a whim, I inquired once about attending the Gathering of the Green with my Canadian 96 BRG - and was told that I couldn't, since my factory BRG/tan Miata wasn't a 1991! If I'd had a Canadian 1991 BRG (the 94-97s were exactly the same BRG colour and paint code), then I could have attended!
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