Investment wise which should i buy, a Testarossa or a 246 Dino, or throw them both away for something else.
Neither is really an "investment" level Ferrari. Buy the one you prefer and enjoy the ownership experience. If you are looking for an "investment" level Ferrari, you need to go up quite a bit on the price scale. Look for a model that has low production numbers (1500 max, 500 would be better, 36 is perfect), captured the public imagination at launch (and still does), and as a bonus has a winning race history.Investment wise which should i buy, a Testarossa or a 246 Dino, or throw them both away for something else.
Considering we may be entering the Great Depression of the 21st C I would suggest as an investment you ensure that everybody have:Investment wise which should i buy, a Testarossa or a 246 Dino, or throw them both away for something else.
My thoughts too (except the guns). Sold the Ferrari, put the money in the bank, paid off as many debts as I could and have a good reserve in the bank just in case I don't have a job to go to. I can buy another Ferrari when the market has bottomed out and the economy is on the way up again.Considering we may be entering the Great Depression of the 21st C I would suggest as an investment you ensure that everybody have:
several months of food and water on hand
good sturdy shelter w low debt & no danger of foreclosure
something tangible to barter with like gold coins, diamonds etc
backup generator, solar panels, windmill
a car in good shape that gets high mpg
About the only car I'd buy these days is a Smart car or an armored H1 Hummer
For the moment, but that $700 Billion bailout which is in reality more like a $6 Trillion bailout will eventually cause MASSIVE inflationHaving lived in several countries that went through hyper inflation and a maxi devaluation, so far this seems bad but at least semi under control.
Yes, prices are dropping in the Reno/Tahoe area, by the hour!!!I just heard that Vegas is not doing so well
I'd like to get a place around Reno-Tahoe for ski season, Prices should continue dropping niceley through 09
Who you calling a monkey ? I've been looking at gold recently...... now where did I leave that bananaCars are not investments. Buying a car as an investment is tantamount to a chimpanzee buying gold stock in a bear market. Sure, he might make money, but he is not bleeming likely to.
With the current market, you'd be foolish to buy right now. Wait until the crisis in the Ferrari market has settled somewhat. In another 6 months or so you'll be able to assess where prices are going and then you can make an informed decision.
With that said, Dino's will hold their prices better than Testarossas. But why compare the two? They're nothing like each other. You need to buy what you want to drive. So go and drive them and make up your mind.
If the shoe fits...Who you calling a monkey ? I've been looking at gold recently...... now where did I leave that banana
If the shoe fits...
But you should read more carefully before you make a comment. I didn't say that anyone who invests in gold now is a chimp. I said that it is unlikely for a chimp to make money if he invests in a bear market. We do not have a bear market for gold - where the heck did you get that idea from? Don't you know that financial crises are good for gold? Don't you know that production is waning every year? I am personally very optimistic about my portfolio in gold, although I still see a couple of months of turmoil before it starts climbing properly.