I constantly see people saying a car is a depreciating investment (which I know is generally true) but there are 911s made in the pre 2000s still work about their same value with a rare few being worth more when you calculate for inflation. Given that by 2050 most cars on the road will be electric, I theorize the novelty of having a well kept gas powered Porsche from the early 2000s will hold its value with inflation, if not be worth even more by 2050 even when taking into account maintenance, insurance. Having the privilege of owning and driving a luxury vehicle, if well maintained for that long is priceless in and of itself. Any thoughts on my theory?
Foolish investment. Buy the car to drive it, the vast majority of vehicles will depreciate indefinitely and even if you strike gold with one of the rare ones that appreciates, odds are still high that you would have been better off with a super conservative index fund investment.