This is a problem: I was working on checking the belts on my car the other day and getting up and down in the driveway was a bit more annoying than normal. Yes I should build a garage with a lift, but the thought of a trouble free GT3 did cross my mind.
:-)
I don't think they have created a trouble free car ever.
Its not on the agenda, but they do have that built in obsolescence pretty well nailed down.I guess I'm just old as I don't find any of the newer cars appealing apart from them being new.
I did think of getting a new Shelby Cobra though.
https://www.shelby.com/en-us/VehiclesI am into slightly older cars with non-electronic manual drivetrains and relatively simple electronics.. And even slightly older cars with almost no electronics at all..
They break, sure, but I can fix them forever...
Changing spark plugs? Well yeah I run cold copper plugs for performance reasons and check them often anyway..
60s and 70s cars can be restored.. In my opinion these newer vehicles with their miles of wire and 10 computers will not be able to be restored like we do “classic” cars of this age..
I’m just not into the new car tech really.. People brag to me about their dash touchscreens that control everything from their heat to steering feel, and it only makes me recoil in fear of ever having to fix it..
I’m liking the C8 Vette though..
That was a short dip, way shorter than I expected in any case.
Considering to buy a car soon as an investment, to keep on the side for the next years. The way things are looking now, it might be possible that I'll be buying it completely with BTC profits.
I have been hodling for 3 years and never-ever cashed. The idea of being able to buy a car with crypto hodlings makes my head spin.
Mind you, we're talking about 1/25th of a Lambo's price, so don't expect jumbo jet prices, but hey, I think it's spectacular anyway.
Generally speaking, cars are not considered as investments, but instead depreciating assets.
Of course, there are a couple of exceptions in terms of collectors cars that may well appreciate more than their purchase price, or cars that are used for utility purposes (such as in a business) to bring in value that would be greater than the expenses of owning such car. If you are holding the car on the side, as you said, you may well be better off keeping that value in bitcoin.
I am not saying that you should not necessarily consume some of your bitcoin value, but based on current BTC price prediction principles, this does not seem to be a consumption time... and there have been a lot of examples in the past in which some BTC HODLers get so CITTEEEEEEE to take some profits and to consume some products, but then the timing is not really very good.
One can do very well to avoid depreciation by buying slightly older high end “special” cars that will hold their value and remain in demand..
Buy nice examples at the bottom of their depreciation..
For example, if you have been driving a Supra for the last 10 years you would probably be in pretty good shape..
I have heard it said that even Lambos can be some of the cheapest cars to own for the simple fact that their price will often go UP while you own them instead of down..
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