[BMWCSRegistry] Article on Coupe values

[Jonathan Blanc]

Art's point is precisely why I'm in favor of the appreciation of
coupes.  It's absurd to wish that a car's value will not increase over
the years purely for the sake of non-appreciation to keep the car
affordable.  Ironically, this mindset only serves to make the coupe
increasingly unaffordable.  Most other assets in our lives that we
invest in for long term purposes requires higher maintenance costs
whether it be a house, a car, even higher education (continuing ed).
Higher coupe values allow us to justify the inevitable rise in
expensive parts and maintenance of the car(s) to continue our
passionate hobby even knowing that if the car is one day (regretfully)
sold we can recoup a greater part of our investment that was put into
the car.  Maintaining a passionate hobby while benefiting from market
driven appreciation is something that every astute car collector
should want.

Jonathan Blanc

On 9/1/07, Art Wegweiser <art at bmwcsregistry.org> wrote:
> Jim,
> On one hand it was good to see that the "true" value of Coupes might
> be recognized. That, of course is fine if one is planning to sell.
> They are still not ever likely to be an "investment" after
> restoration any more than, of late, moderately priced real estate
> (whatever that is now) is not much of an investment.
> Multi $mil properties in the Hamptons or Martha's Vineyard and
> Ferrari probably excepted, as there will always be athletes,
> entertainers, celebrities and some CEO's with enough dinar to pick up
> a small vacation waterfront hovel with 6 bathrooms and 10 bedrooms.
> Or the other way around.
>
> On the other hand, will we see the cost of maintenance, parts and
> repair get any higher than they are?
>
> Great holiday to all.  Be sure your Valentine is working this
> weekend. Drive now - Talk later.
>
> Art
>
>
>
> At 7:38 AM -0400 9/1/07, Jim Schrager wrote:
> >Yes, they have been saying that about our Coupes
> >for decades.  Maybe someday it will be true but I
> >hope not.  Much more fun to keep them affordable and
> >usable for me.  Regards, Jim Schrager
> >Sports Car Market magazine
>
> --
>
>
>
>
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