maserati_mcstradale
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The c63 would have to be the amg s coupe or drop. 507 edition for the 6.2. The c63 is likely to go up because they discontinued the v8 for the new c63 and put a 4 cylinder killing the car.
Investment
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Harry
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Killjoys!
ChrisQP09
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When it’s all said and done, the fact is that it’s all speculative. Nobody really knows.
I personally cannot see c63 prices softening, I hope they do to soften the blow.
The royal oaks won’t go below 5% over 3-5 years. The norm is typically 10-15% but this is based off recent years which we know has been fairly unique. There’s so many factors involved in getting those rates but AP, Rolex and Patek have always been safe assets beyond gold.
I personally cannot see c63 prices softening, I hope they do to soften the blow.
The royal oaks won’t go below 5% over 3-5 years. The norm is typically 10-15% but this is based off recent years which we know has been fairly unique. There’s so many factors involved in getting those rates but AP, Rolex and Patek have always been safe assets beyond gold.
midlifecrisis
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Past rises are no guarantee of future rises.
lozcb
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there that man has said what we all wanted to sayGiven zero risk high interest rates that would give the ROI your looking for it feels to me like this thread is “I’m bored and fancy a V8 AMG and flashy watch without losing a bundle of cash” thread and not about investment at all!
lozcb
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Your actually right and pretty spot on , i would add and go as far as to predict ( and I suspect if our Wattie was around ) that he and the gold guru's have been waiting for gold to breech the 2000 bar for quite some time ,its actually been there last 5 days as high as 2045 but still hanging in at about 2010 , this settles another few days and perhaps the expected meteoric rise to 2500-3000 may well happen ..........which is kind of where it would have been under the old system ...................look at the pointers Brics becoming a reality , Digital currency being promoted openly now for most European countries and the US as a means of escaping Inflation and the debt bubble ,
Do your own research, but if you do invest my advice is to do it with physical gold that you are in possession of and not rely on paper gold held by someone else .
lozcb
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One might say that ,
gb-gta
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I guess gold sovereigns are the way forward being CGT free.
Having said that, if the globalists actually manage to hoodwink the world and do away with cash, going full CBDC, which is their goal of course, notes and coins (of which sovereigns are of course) may not be legal tender anymore, hence then be liable to CGT after all?!!
lozcb
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Of course there are ways of offsetting that capital gains tax , storage and security costs for instance to name just a few , personally i was thinking more a long the lines of bullion, available in various size bars to suit the pocket/investment , obviously best if its to 4 /9999
An interesting topic. Gold Britannia's is currently legal tender, no CGT currently and no VAT. Prices will also vary depending on the GBP / USD exchange rate.
A Maserati...if you are not having a great day they can make all the difference. Never base anything on pass rises or falls, covid has messed it all up!
A Maserati...if you are not having a great day they can make all the difference. Never base anything on pass rises or falls, covid has messed it all up!
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maserati_mcstradale
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Cars are never great investments. The easiest way to make money on cars is to buy something for example order a nice spec urus performante and sell it early for a 100k more because of the waiting list.
midlifecrisis
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Is it wise to buy gold now after it has risen so high?
lozcb
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How you look at high has to be taken into perspective , since the market changes as not using gold as a fiat standard then yes we are nearly at the highs of 2 years ago , since they removed gold as the standard fiat has got itself in a terrible mess and is out of control in the western world , if you look back at the trends Gold will be reset as a standard even against digital currencies .............in which case the real value of gold should at present be closer to $3000 an ounce ...........so even at $2000 an ounce i consider it still cheap and a good hedge buy ...................I'll add a caveat to that when i talk about owning gold ................im always talking about physical gold and not owning the rights to some gold in someone elses vault
urquattrogus
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I've heard Tulips and Bitcoin are good, in no particular order.....
I think used or classic prices are softening at the moment, I don't think anyone is going to make a quick buck anymore tbh.
You can see it in the over-ambitous asking prices of things that are still for sale for a long time, and punters that are spending their money more carefully.
This particularly applies to the everyman classic and used cars below £50K. The super wealthy (whatever that is now?) are still in a different league of collecting for now at least.
On the C63 6.2, an estate or 507 Coupe would seem to be a place that you are unlikely to lose much money and they are fun.
My father has kept his 2010 C63 Estate with the PPP package from new across a couple of other new cars as it's fun to have around still.
The 4.0 Bi Turbo one I don't think anyone is that bothered about and it will depreciate quite a bit still, although I suppose the new ones does cost a bundle and is a 4cylinder hybrid.
I think used or classic prices are softening at the moment, I don't think anyone is going to make a quick buck anymore tbh.
You can see it in the over-ambitous asking prices of things that are still for sale for a long time, and punters that are spending their money more carefully.
This particularly applies to the everyman classic and used cars below £50K. The super wealthy (whatever that is now?) are still in a different league of collecting for now at least.
On the C63 6.2, an estate or 507 Coupe would seem to be a place that you are unlikely to lose much money and they are fun.
My father has kept his 2010 C63 Estate with the PPP package from new across a couple of other new cars as it's fun to have around still.
The 4.0 Bi Turbo one I don't think anyone is that bothered about and it will depreciate quite a bit still, although I suppose the new ones does cost a bundle and is a 4cylinder hybrid.
c4sman
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I am old enough to remember that the whole car as an investment is a relatively new thing that I don’t subscribe to necessarily being a norm forever. Legislation could eradicate the value of the thing you love but was frightened to drive when you were allowed to for fear of eroding your investment. It’s not a risk I’m prepared to take during a time of vast change in the motoring world shifting attitudes toward ICE vehicles. On the other hand you could fine that your fiesta 1.0 ecoboost starts changing hands at twice it’s purchase price post ICE new car ban meaning buying a warehouse and filling it with eco boxes would have been more of a shrewd investment than the Ferrari V12 in the garage. Of course it’s always nice to own stuff that isn’t plummeting in value (I have a Porsche that’s gone up quite a bit and a Maz that’s going down lots) but I don’t overthink either and drive them as much as I can coz it’s fun!