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Ok challenge for y’all.
Which cars will appeal to Gen X and Millennials and sky rocket in price over the next 20 years?
Ok challenge for y’all.
Which cars will appeal to Gen X and Millennials and sky rocket in price over the next 20 years?
Tesla?
First year model?
With original oem battery?
That would be that one or https://youtu.be/OhnjMdzGusc?t=188
Years later came Edison's electric car 1912
https://youtu.be/Jw8uiiNHzMs
Your blind faith in those electronic things is touching. I'm not sure if I'd keep anything that has too much electronica on the inside as an investment car. The charm of an old-timer is exactly in its mechanically driven power, not in its electronics. I'd still go for a 1995-2010 Mercedes, Saab or BMW, as long as it's in good condition and hasn't reached old-timer status yet, otherwise you might be too late already. And with as few electronics as possible.
I think that would be a bad time frame to buy one of those. More likely something older than those dates is better choice.
I used to play with 1960-1979 cars which had zero electronics. Once the 80's came around most cars changed and started to get some electronics in them.
I am pretty sure 1995 and newer Mercedes has electronics and 1995 BMW and newer has electronic controls. I have a friend that owned a BMW dealership/repair shop
So I think you are not picking an old enough date to make sure the cars are not computer tuned.
Let me clarify:
Of course, the older the better, and of course there's electronics in them, the newer they are, the more electronics. That's quite logical.
But in my country a car gets old-timer status at 30 years. So for anything before 1995, you're probably too late (we're talking purely from an investor's point of view).
edit: another clarification - I'm saying 1995 and not 1990 because once reaching around 25-26 years, prices are going up already because sellers are anticipating old-timer status already.
