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Yeah driven a 4.6is, 4.8is etc. Don't get me wrong, they are great cars, I just don't see them as collectible cars. When collecting cars one typically views them as investments and not much else. And so they sit around and don't get used much if at all. If this guy paid $75,000 for a fully loaded 4.6is back in 2003 and then paid conservatively $1500 per year for registration and let's say $500 a year for insurance, then the total cost of ownership would have to be in excess of $91,000. Figuring in the rate of inflation which was about 2.56% between 2003 and 2010. The $75,000 he spent on the car in 2003 is more like $89,500 today. So with a very very rough estimate, to break even he has to sell the car for a minimum of $105,500 AFTER auction entry fees and commission, again, just to break even. Is this car gonna sell for over $105,000 I really don't think so, not unless it was owned by John Lennon or Elvis.
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05-24-2010, 03:08 PM
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