• Mustang Forums
  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-

Fox $75k!?

  • Thread starter Thread starter Deleted member 215073
  • Start date Start date Jun 23, 2020
Prev
  • 1
  • 2
First Prev 2 of 2

91TwighlightGT

20+ Year Stangneter
Sep 8, 2002
1,190
375
124
Missouri
Jun 27, 2020
#21
  • Jun 27, 2020
  • #21
lemosley1973 said:
I dIdn't say it was a GREAT investment, but he still came out ahead. The nice thing about a tangible asset is that you still have it if it no matter what.

Imagine if he had purchased a bunch of stock in internet companies - he would have been looking good until about 2000 - when they went to 0. Or if he bought an index fund, which is fine, but sold it when the bottom fell out in 2000 or 2009. Not a great investment then.
Click to expand...

Just because it’s a tangible asset doesn’t mean it can’t lose value or be affected by the ebb and flow of the market just like anything else.

classic car prices take a beating in recessions as well. We’ve seen a housing bubble implode in recent history. Nothing is guaranteed.

Anyway, my point was simply that investing with a diversified portfolio would have netted a better gain than investing in a car. You’d have to be really lucky to own a car that appreciates at the same rate as even a moderately successful diversified stock portfolio.

This is all academic if owning the car has brought the owner some joy or other intangible that we can’t account for. If he literally bubble wrapped it and shoved it in a crate for 30 years... probably not worth it.
 

CarMichael Angelo

my rearend will smell so minty fresh,
15 Year Member
Nov 29, 1999
10,641
8,909
234
Birmingham, al
Jun 29, 2020
#22
  • Jun 29, 2020
  • #22
lemosley1973 said:
I doubt he was old when he bought it, and have no idea what being fat or white has to do with...well anything.

The Cobra was never an everyman car. It was a limited run that was probably going to appreciate at some point. This guy bought it almost 3 decades ago clearly as an investment and it's paying off now. It could have not paid off and the car could be worth less today than what he paid for it.

He took his chances. Good for him if he gets what he's asking. I wouldn't give him 75k for it, but I'm also not his target buyer.
Click to expand...
nickyb said:
Wow, I was asked by a skinny P.Rican kid half my fat white butts age why I drove my fox body to work everyday?He said I should keep it in the garage because it's a classic.He keeps his evo and only drives it on weekends.My reply , my reply: I enjoy the crap out a my car, I bought it to drive it and drive it for fun.They'll have to pry my dead ass out of it and get my wife to sell it to them.He never asked again.
Click to expand...
My bad..Sorry if I misspoke. I’ll correct it.
Old....White...Guys.
 
Reactions: General karthief

General karthief

wonder how much it would cost to ship you a pair
Mod Dude
Aug 25, 2016
28,065
10,690
213
polk county florida
Jun 29, 2020
#23
  • Jun 29, 2020
  • #23
I have only recently decided that I am officially old.
And white.
 

nickyb

I gotta say i never painted my nuts, Never Ever
15 Year Member
Apr 3, 2009
3,028
1,659
163
nevada
Jun 29, 2020
#24
  • Jun 29, 2020
  • #24
CarMichael Angelo said:
My bad..Sorry if I misspoke. I’ll correct it.
Old....White...Guys.
Click to expand...
That's me.old(57),white(born in the USA), but not so fat( lost 49 lbs.)11 more lbs to loose and I'll get my new seats,or redo the original sport seats,haven't made up my mind on that subject.
 
Prev
  • 1
  • 2
First Prev 2 of 2
You must log in or register to reply here.

Similar threads

Fox tribute S650: is it, though?
  • FastDriver
  • Jun 8, 2025
  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-
  • 2
Replies
23
Views
1K
1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk- Jul 5, 2025
AeroCoupe
Cobra Brake Conversion - Spare Wheel/Tire Search
  • AeroCoupe
  • Aug 2, 2026
  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-
Replies
7
Views
409
1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk- Sep 2, 2026
AeroCoupe
BaT: $227k+ Coyote fox auction
  • FastDriver
  • Jan 23, 2026
  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-
  • 2 3
Replies
48
Views
3K
1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk- Jan 31, 2026
Mustang5L5
Install 79-93 Mustang Heater Core Replacement
  • AeroCoupe
  • Oct 13, 2025
  • Resource Discussion Forum
Replies
3
Views
409
Resource Discussion Forum Oct 17, 2025
85GTStangGuy
F
1984 roller….. need advice!!!
  • Fivepointeasy84
  • Dec 5, 2025
  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-
Replies
1
Views
198
1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk- Dec 5, 2025
rednotch
Share:
Bluesky Email Share Link
  • Mustang Forums
  • 1979 - 1995 (Fox, SN95.0, & 2.3L) -General/Talk-
Menu
Log in

Register

  • Forums
  • What's new
  • Media
  • Resources
  • Contact
  • Sponsor
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?