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kleinbl00  ·  1344 days ago  ·  link  ·    ·  parent  ·  post: Pubski: August 19, 2020

I was at a trade show in Vegas in 2000 or 2001. That's back when the Imperial Palace still had a "car museum" in their penthouse; it had been a Duesenberg museum and was in the process of converting to a used car lot before the whole thing went away. Up at the top, tucked into a corner, forgotten and ignored, was a Lancia Stratos. This Lancia Stratos. I think they wanted $30k for it, but they said they'd take $25k. Which was definitely more than I could afford, and substantially less than the $475k it went for in 2018, and substantially less than the $1.5m several models went for in 2003-2006.

A $25k car bought in 2002 and sold for $475k in 2018 would be a 19x appreciation factor. That used to bug me a bit. Then I bought Ethereum at Frontier and decided that regret never gets you anything.

My auto shop teacher had a 1931 Mach 1 with the Boss 429 Hemi in it. It sat there rusting away, year after year. He drove it every day but never did anything about the salt damage. Still breaks my heart.