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Dan Marx

what car would you invest in

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If you had upto $100,000 dollars available, what single car would you invest in. You would hold this investment for at least 10 years. Age is not an issue, could new or old. Only one car for the investment. Now let's here those gear heads grinding.

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Dan,

I´m a romantic, would never buy a car just for investment! With that amount I'd go for a Facel Vega HK 500, seems to me a perfect blend of US and european technology and styling. And hopefully I'll get my money back after 10 years if needed, and I'd had a great time enyoying it in the meantime. What do you think?

Carl

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Dan,

I´m a romantic, would never buy a car just for investment! With that amount I'd go for a Facel Vega HK 500, seems to me a perfect blend of US and european technology and styling. And hopefully I'll get my money back after 10 years if needed, and I'd had a great time enyoying it in the meantime. What do you think?

Carl

Having a hard time zipping my lip here..........Bob

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No love, no passion, just cold Wall Steet make a buck question right?:mad: I've only bought cars because I liked them, and they had to look good. I'm happy with what I have, no "Dream Cars" in my future. To answer your question I think anything with armor plate and lots of armiment and ammo is the place to spend 100 large. ;)

If you had upto $100,000 dollars available, what single car would you invest in. You would hold this investment for at least 10 years. Age is not an issue, could new or old. Only one car for the investment. Now let's here those gear heads grinding.

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I had a C500 1954 Marmon Herrington flathead Ford ( flathead was made 1 year longer in Canada than the USA) that I eternally regret selling so I would buy another Marmon Herrington and spend the rest on bikes and single malt scotch ( which i would drink)

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If I were making that kind of investment for "financial gain", it would not be in an "antique" or "special interest" car...

Now, if the question were, "if someone gave you $100,000 free and clear to go buy the car of your dreams, what would it be?", well... that's another story... ;)

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I don't think Dan meant anything other than to have some fun with what a good bet for the future could be - this could be a fun thread to choose a car and the reasoning behind it..

I would choose a '34 Packard in the best bodystyle, trim level and condition I could get for $100K (In that order, but minimum condition would be solid #3). Considered the best year for Packard by many, any '34 is a Full Classic, and an ideal combination of roadability yet dead center of the Classic Era with a lot of earlier styling queues. Should be a blue chip investment on top of a great automotive experience.

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$100K Pretty much rules out any model open car in #3 or better, Restorer. Of course an open car is a better investment but I would be fine with a coupe, Club (love that style) or regular sedan. With 1934 Packards I believe in the theory that "a rising tide lifts all boats" - the astronimical prices on V-12 Victorias and such will ensure the closed cars are a solid investment. So with some flexibility in model (bodystyle and series) I would pursue the best example $100K will buy, and it will still buy a lot of closed car in a '34, no?

Using the rules here I think a closed car in nice shape beats an open project in the long run, but I could be wrong, that is the fun of this..

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Hmmm, a 1928-39 Packard or Cadillac seems like a "safe" investment; would have to be a turn-key original or older resto....

I don't know if I could get one for $100k, but I would chase a '16-'22 Packard Twin-Six or Locomobile 48, preferably an open car.

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Frank, Pre Classic era open cars could be a great investment also - with the rise in popularity of brass that "in between" era remains undervalued. Some of the open models are really sporty in comparison to the closed cars of that particular era, tough to argue with your logic.

In thinking about this, a second choice for me would be a closed 39 Packard V-12 - less than 450 overall made, but Hyman has a really nice closed model for $75K, well within Dan's range. Last year for the 12, also a series totally unique from the Jr. cars and really well styled. Gven productuion volumes that could be a model to do very well with, again, affordable only in closed car form. (for now...)

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Of course, the problem with the question is the word "invest," if that word is taken to mean putting your money in some instrument that will guarantee a return. If I had the hundred K to "spend," and willing to shoot the dice on value in 10 years:

Brass: either a Stanley (pre-1912), or the best, highest horsepower (40 or more) car I could buy pre-1915, preferably 6 cylinder (Buick, Kissel, Rambler etc., you can't get into Packards and Pierces for that money)

The bastard years, 1916-1928: a tough one, as 100K will buy you a handful (as in 5) nice touring cars....maybe a twin six Packard if you could find one for that, or a early to mid-twenties Locomobile; the early Locke body Chryslers (28-29) were nice.....

1929-1935: agree with the Packard, 33 or 34, preferably V12, money in the bank, and if money's worthless, you still have a wonderful Classic car....

1935-1941: an open Classic Packard, or a nice closed Cord/open Cord project; these are always popular

1945-1960: '55-'57 General Motors convertible, no question

1960-1970: Shelby's are hard to beat, again, if you can find one in that price range

1970-on: I'm not going there......

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No love, no passion, just cold Wall Steet make a buck question right?:mad: I've only bought cars because I liked them, and they had to look good. I'm happy with what I have, no "Dream Cars" in my future. To answer your question I think anything with armor plate and lots of armiment and ammo is the place to spend 100 large. ;)

Hey Bob, Next car I make money on will be my first so I'm a true collector in that sense! If you can keep a car for x number of years and only lose a little bit of money then I think that's a pretty good investment - at least from an emotional well being perspective.

Ultimately I think you need to buy what you have a passion for and hope for the best. Hopefully you like stuff that will hold it's value. I'm blessed with what I think is fairly good taste I inherited from the old man so I won't be making the mistake of doing a ground up on a 74 Gremlin any time soon.

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Yes, utter X%# might work, for some of the truly unattractive assembled cars made from 1916-1928.

I surely don't mean to offend anyone with cars in that time period, I've owned quite a few, and put many a mile on a 1924 Dodge touring. There were some good, dependable cars built then, and even some great ones. The problem is the old "form follows function" rule. Early on (and I'd say pre-1911) this resulted in some beautiful cars. From 1911 to 1915, practical things like those pesky front doors were added, and cars started losing some of their beauty. From 1916 to 1928, it was simply a matter of getting as many cars produced as possible, and very few manufacturers, if any, had what we'd consider a "styling" department. Engineers would increase the wheelbase to fit a slightly bigger engine, and sometimes the changes they made resulted in a handsome car. Many times, not.

In 1929 all that changed, and styling started becoming important to the mass car market.

Just some thoughts......dc

Edited by Peter J.Heizmann (see edit history)

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Wow, now I need to hit the lottery!! I have really enjoyed the discussion, it allows tp see the hobby thru the eyes of others. I like the open Caddy's and Packards. Come on baby, hit those numbers tonight!!!

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Sorta got myself into a corner. No one mentioned the need for a "quality garage" to hold that car. Wouldn't look good in my cave and wouldn't fit. None of those mentioned are small cars!

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If money were no object (up to $100K), then I would have to say I would love to have an original or restored red '59 Impala convertible with a continental kit and red interior.

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How much of that $100K gets to be set-back for maintenance and climate controlled storage?

Ain't worth much after 10 years sitting outside or in storage ;)

Jim

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I think I would have to buy a Red & White 59 Dodge Royal Lancer convertible with a black top. My take on the prettiest car ever built!!

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First, don't buy a project to put away, but rather buy the best available car that the 100K will buy. With a car already done, or not needing work, you or a subsequent buyer won't have to incur labor and parts at higher prices (which seem always inevitable) in the future years. Second, select a model of a marque that already has something special going for it. An example In retrospect might have been an Auburn Speedster, back when they could be bought very reasonably, or for that matter, an XK 120 Jaguar roadster. they went for under ten thousand in large numbers at a time in the not ancient past. The speedsters are out of sight now, but consider grabbing one of those Jags, they have an outstanding design, were the world's fastest production car when made, and along with MG T's were instrumental in popularizing sports car racing. Many of them have already left the USA and have gone to Europe. 100K may not buy a pristine example for too much longer.

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Peter, I won't write the word bastXXd again, but it's not a bad word and I don't understand the censorship. It has legitimate meanings in regard to some of the things in life, definitions from an online dictionary:

-Something that is of irregular, inferior, or dubious origin.

-Not genuine; spurious: a bastXXd style of architecture.

I used the term correctly. thanks David C.

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