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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: John Koligman who wrote (11179)	4/19/2021 3:50:14 PM
From: w0z	Read Replies (1) \| Respond to of 26704

True for most German brands and you can see it in the depreciation when they get off warranty and older. If you maintain them depreciation is not bad at all. I bought a 1993 BMW M5 new for about $65k and sold it 2 years ago for $50k. Of course it helped that it was very collectible. I still kick myself for not buying a Ferrari Dino for about $10k when I was working in Germany in 1973. They now sell for around $400k. EDIT: I missed my M5 so much I bought a 1991 M5 for $21k about 6 weeks after I sold the '93. I'm fairly sure I could get $30k for it now but I'm not making that mistake again! bringatrailer.com