Saw this on the CNN news app
#1
Honda-Tech Member
Thread Starter
Saw this on the CNN news app
10 cars that could make great investments in 2020
https://www.cnn.com/2019/12/26/cars/...ars/index.html
https://www.cnn.com/2019/12/26/cars/...ars/index.html
The following users liked this post:
#3
Honda-Tech Member
Re: Saw this on the CNN news app
I dunno about great investment for 2020. A clean example would have been a great investment in 2010 alright. Generally speaking when it comes to collectables of any sort when mainstream media notices and starts promoting particular items the crest of the investment wave has passed, or it's a sign of a bubble nearing the peak, or vested interests promoting sales. Depends on the particular market too. With Type R's the US market is many miles ahead of the rest of the world, where R's would run between 6000 to 20,000 in dollar equivalent. Now just my opinion of course, but I think the US collector car market is overinflated and not just with Type R's. Sales outlets like BAT have helped blow it up. Again personally speaking I do think a good R is a 30,000, maybe 40,000 quid car, but not double that, in a non inflated market anyway.
It'll be interesting to see how the 25 year rule and imported R's affects the values. I suspect it won't. JDM examples have the steering wheel on the wrong side for the States, which would put off many investors. If I were an American petrolhead interested in the JDM examples I'd be looking at the very earliest 96 spec JDM I could find, or one of the last run out Type Rx in yellow or silver, buy now and bide my time.
Though TBH if I were American I'd be looking more at EDM R's. Left hand drive, look like a USDM model, though better appointed with Recaros etc and way cheaper at the moment. I'd go on the hunt for the Swiss only edition, yellow with yellow Recaro interior. I reckon an EDM example in LHD will hold and increase in value, both in Europe and the US markets.
It'll be interesting to see how the 25 year rule and imported R's affects the values. I suspect it won't. JDM examples have the steering wheel on the wrong side for the States, which would put off many investors. If I were an American petrolhead interested in the JDM examples I'd be looking at the very earliest 96 spec JDM I could find, or one of the last run out Type Rx in yellow or silver, buy now and bide my time.
Though TBH if I were American I'd be looking more at EDM R's. Left hand drive, look like a USDM model, though better appointed with Recaros etc and way cheaper at the moment. I'd go on the hunt for the Swiss only edition, yellow with yellow Recaro interior. I reckon an EDM example in LHD will hold and increase in value, both in Europe and the US markets.
Thread
Thread Starter
Forum
Replies
Last Post