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Buy a modern ‘collector’ car?

Posted on 4/12/21 at 9:19 pm
Posted by Robertson coach
pville
Member since May 2019
314 posts
Posted on 4/12/21 at 9:19 pm
So my friend lives in CO, he mentioned he wants a toy car to drive like once a month, but keep for years and appreciate in value. He seems locked in on a Dodge Challenger Demon, since they were made for one year (2018) and only limited production. I had no input since not sure what a modern vehicle (post 2000s) would do in market, and I would assume cars just get faster, better, and less ‘collectible’ every few years. Anyone have any suggestion or dealt with this?
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
65714 posts
Posted on 4/12/21 at 9:20 pm to
Any Corolla from MY 2010 or 2011.

/thread
Posted by Nado Jenkins83
Land of the Free
Member since Nov 2012
59673 posts
Posted on 4/12/21 at 9:22 pm to
Disco Volante
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 4/12/21 at 9:27 pm to
Id find something limited production of something. Demon probably works.

Price range is a big decider as is what he wants to do.

Buy something you love that way even if it doesn't pan out you own a car you liked.

Also, overall cars are terrible "investments"
Posted by SECdragonmaster
Order of the Dragons
Member since Dec 2013
16224 posts
Posted on 4/12/21 at 9:30 pm to
If it’s modern and described as a “collector” car ..... it’s not likely to be valuable.

Stuff that is valuable is the stuff that everyone throws away thinking it has no value.
Posted by Kino74
Denham springs
Member since Nov 2013
5344 posts
Posted on 4/12/21 at 9:31 pm to
The Demon isn't a bad idea but have your friend look at the 2005 & 2006 Ford GT especially on gulf livery.
Posted by Hangit
The Green Swamp
Member since Aug 2014
39145 posts
Posted on 4/12/21 at 9:33 pm to
BMW z8 Alpina.
Posted by fightin tigers
Downtown Prairieville
Member since Mar 2008
73681 posts
Posted on 4/12/21 at 9:35 pm to
quote:

friend look at the 2005 & 2006 Ford GT


Yes. 125k vs 400k....
Posted by olgoi khorkhoi
priapism survivor
Member since May 2011
14861 posts
Posted on 4/12/21 at 9:41 pm to
Demons are novel and somewhat rare, but if I wanted a modern hotrod to hold on to, I’d get a Shelby Cobra with the 5.2 Voodoo flat crank motor and send it to fathouse for a twin turbo install kit. The car is a work of art (unlike the demon) and 1350 HP after the mod.


Dyno video

Write up
Posted by beerJeep
Louisiana
Member since Nov 2016
35045 posts
Posted on 4/12/21 at 9:42 pm to
87 el Camino.

Bring it back dammit!
Posted by geauxdaddy72
Shreveport,La
Member since Sep 2008
885 posts
Posted on 4/12/21 at 9:50 pm to
I bought a 2020 Vette. It was extremely low production and a great car. They already bring top dollar because of this.
Posted by Muthsera
Member since Jun 2017
7319 posts
Posted on 4/12/21 at 10:01 pm to
Toyota FJ Cruiser
Toyota Land Cruiser
Posted by Ric Flair
Charlotte
Member since Oct 2005
13660 posts
Posted on 4/12/21 at 10:02 pm to
Maybe a LandCruiser? I know it’s the “last year” this year, but it’s sure to come back in some form. Doubt we will ever see a V8 in one in the future.

Honestly, in 10-20 years, once boomers go broke or die, I think there will be a big drop off in collector car values.
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58354 posts
Posted on 4/12/21 at 10:08 pm to
quote:

f it’s modern and described as a “collector” car ..... it’s not likely to be valuable.

Stuff that is valuable is the stuff that everyone throws away thinking it has no value.


Yes and no. The Demon may hold value due to one year of production in addition to the obvious. The 69 Camaro is highly desired for the same reason too, and look at the money a 69 ZL1 will bring.

Point is, it’s not always
quote:

Stuff that is valuable is the stuff that everyone throws away thinking it has no value.
Posted by Thecoz
Member since Dec 2018
2538 posts
Posted on 4/12/21 at 10:13 pm to
If you look at auctions...style matters but horsepower makes the difference ....
Posted by VABuckeye
Naples, FL
Member since Dec 2007
35561 posts
Posted on 4/12/21 at 10:16 pm to
Early 2000’s 911 or go holy grail and get the last of the air cooled 911 from the late 1990’s.
Posted by Big Jim Slade
Member since Oct 2016
4934 posts
Posted on 4/12/21 at 10:17 pm to
Several people are stuck with Mazda Miatas and Buick Reattas who had the same thought process.
Posted by Reservoir dawg
Member since Oct 2013
14106 posts
Posted on 4/12/21 at 10:21 pm to
There are several that will appreciate that aren't extremely expensive right now.

Dodge Demon if he can get one right now, if not, it's probably too late.

Dodge Challenger Hellcat non-widebody is another gem, red-eye especially and I would take it over the Demon.

Porsche 981/987 Cayman

Mazda MX-5 ND2 RF
Posted by NewIberiaHaircut
Lafayette
Member since May 2013
11560 posts
Posted on 4/12/21 at 10:22 pm to
What’s modern? I think BMW E39 M5s will continue to increase in value. Also any Ferrari built in the last 15 years with a 6 speed manual.
Posted by MMauler
Member since Jun 2013
19216 posts
Posted on 4/12/21 at 10:22 pm to
Tell him to out his money in the stock market.

He "may" double his money in 40 years with that Dodge. Then again, he may not. Either way, it's a shitty investment.
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