Jesus christ you guys throw a lot of money away on overpriced cars. Talk about bad investments. At least houses historically go up in value, autos are GUARANTEED to depreciate big time.
Not true. Limited production cars can actually make you money if you flip them. I did own an RS4 for 1 hour. Sold it right back to the dealer and pocketed $3k, who turned around and marked it up by $8k and sold it to someone else on the waitlist that wanted to jump to the front of the line.
And for awhile, 1 year old priuses were selling at the new MSRP prices. E39 M5’s were flippable the first few months out. E90 M5’s though haven’t been, because they upped the production of those, and plus the uber german sedans have gained competion with the arrival of others like Audi’s RS lines, Mercedes AMG lines, etc. And for awhile, Lexus LS460’s were marked above msrp for the first few months of release because Lexus curtained production to stimulate demand.
I can say that the Nissan GTR (err Skyline GTR) would be flippable IF dealers weren’t planning to already mark them up $10-$25k above their MSRP of $69k. Of course, Nissan is trying to discourage this by not honoring warranty if you sell it to someone else within the first year (at least that was the last that I read about it).
