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?
they’ve done studies on this. the market is a better return unless you get ‘very’ lucky with a certain car. you still need to maintenance, insure it, many states have some way of collecting tax or some type of annual fee. if you sell the car for a very large sum the IRS may look and see if you are paying your capital gains tax.