Rent or buy? The evidence is in, page-46

  1. 36,230 Posts.
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    " im kicking my self i didnt buy the square shaped ford gt back when i was 18, and thats 43 years ago now, kicking my self, "

    So you're probably talking about an XY GTHO Falcon . Not really that good an investment . If you are a car guy and you have plenty of money maybe they would be now . But not then .

    They were around $5300 brand new in 1971 . If you kept one for the last 46 years and hardly drove it you may have a car worth 400-500k now . And that would make it one of the best GT's in Australia .

    That's a whole lot of years of storage , rego , insurance and worrying about people scratching it or stealing it .

    That $5000 into a house in Melbourne or Sydney ( or London etc ) reinvested in itself along the way would easily have been a better , safer investment don't you think ?

    Not to mention having somewhere to live along the way .

    http://www.carsguide.com.au/car-new...s-to-reach-half-million-mark-at-auction-41234
 
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