Archived posting to the Leica Users Group, 2011/12/19

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Subject: [Leica] Looking at buying an M8
From: stasys1 at cox.net (Stasys Petravicius)
Date: Mon, 19 Dec 2011 09:25:14 -0800
References: <CB159307.8432B%joseph@yao.com>

Joseph- you have picked the right cars.

My collection is:

1980 928 Porsche
1985 928s Porsche
1986 911 Porsche Cabriolet Convertible
1991 560 SEC MB
1993 400 E MB
2002 CL 500 MB

None are rare- but I like them. 'My wife would like me to get rid of 3 cars. 
Used cars like those are not selling quickly here in Calif. 
Best, Stasys

On Dec 19, 2011, at 9:19 AM, Joseph Yao wrote:

> 1973  911 2.7RS
> 1992  964 RS
> 1995  993 Turbo
> 2010  997 GT3 RS 3.8
> 2011  997 GT3 RS 4.0
> 2011  E82 1M
> 
> The key is to avoid mass market stuff you can buy easily.  Limited
> production/difficult to buy usually do well in terms of depreciation.
> 
> For example, while there are tens of thousands of Toyota Corolla roaming 
> our
> streets, our market has been allocated only ten GT3 RS 4.0 and twelve 1M.
> 
> Desirability + rarity = either no depreciation or notable appreciation
> 
> Joseph
> 
> 
> On 20/12/11 1:00 AM, "Stasys Petravicius" <stasys1 at cox.net> wrote:
> 
>> Joseph- What are you driving? Stasys
>> On Dec 19, 2011, at 8:48 AM, Joseph Yao wrote:
>> 
>>> Vick,
>>> 
>>> If you bought the right car it would appreciate in time.  Most of my cars
>>> have appreciated over the past decade.
>>> 
>>> Joseph
>>> 
>>> 
>>> On 19/12/11 11:44 PM, "Vick Ko" <vick.ko at sympatico.ca> wrote:
>>> 
>>>> Also, the deal with Leica gear was that I could pretty much sell it for
>>>> what I bought it for.
>>>> 
>>>> And more often than not, I could sell it for more than what I bought it 
>>>> for.
>>>> 
>>>> But not so with digital Leica stuff.
>>>> 
>>>> I didn't lose much on my M8 (I saw it as a really low rental fee).
>>>> 
>>>> My M9 ?  Well, it is a luxurious consumable.  I wonder if its
>>>> devaluation rate exceeds that of a car.
>>>> 
>>>> Vick
> 
> 
> 
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Replies: Reply from mark at rabinergroup.com (Mark Rabiner) ([Leica] Looking at buying an M8)
In reply to: Message from joseph at yao.com (Joseph Yao) ([Leica] Looking at buying an M8)