I suspect the idea of buying into the Classic/Collector car market has had a number of attractions that may not work out as imagined with the passage of time..?
Given the number of possible variables in making car/investment related decisions, trying to work out might be the reasoning behind this M3W`s purchase and subsequent lack of use is I suspect well outside the capability of most if not all of us without some insider info..?
Variables... Money in the bank,can just be a degree of digital information beamed up on a screen, and gaining little to no interest, thus the idea of INVESTING in something physical like a Classic/Collector car in times past might have seemed like a reasonable idea, with imagined aspects related to the joy of ownership...?
I suspect that ENJOYMENT is another variable that can clash with INVESTMENT potential creating yet more variables..?
Garage queen as a form of existence in terms of protecting FINANCIAL investment potential, perhaps has a measure of appeal..? I suspect that there may be those who like to polish and pamper more than risk of any sort associated with using the machine on the road..? I also suspect such "usage" could be down to a measure of personal OCD or imagined protection of investment potential...?
Rarely driven machines... I suspect this too can be down to perceptions of value retention, in terms of avoiding additional mileage or for those on a tight budget trying to avoid maintenance costs associated with mileage..?
Health and age can play it`s part too, I always wanted a whatever, and now I can have one I will, even if seem unlikely to use it much, if ever... hmm..?
Don`t know for sure but think in the UK if not further afield the investment potential of Classics may have peaked for a variety of reasons..? If the cash you have "invested" in a vehicle and that sum of money is of considerable importance relative to future planing..... given all that seems to be going on...hmm..? Though this time of year seems to be less than ideal to be trying to sell sports cars..?
Me..? My Morgan cost me the equivalent of five years savings at the time of purchase, thus it`s cost and subsequent value was most definitely an important consideration, given there was ever the possibility I might need to turn it back into cash if something cropped up.. I suspect there may well be many folk who might have gone through a similar set of circumstances..?
Returns on investment.. hmm? In my case I have only covered circa 20k miles over the last 16 years of ownership, however within those miles we have enjoyed a few adventures in France, Spain and Italy from which we have wonderful memories... I have no real idea of how to quantify that in cash terms..(-:
Why did I not use it more.... My excuse is I was involved in a never ending self-building and landscaping project which took up rather more time money and effort than imagined at the outset with the Morgan spending much of that time either hidden behind piles of building materials or the garage had trenches dug around it etc.etc.etc.. Amazing how time flies..? (-:
LOTS of variables to explain lack of use, but even knowing I had a Morgan in my garage provided a feel good factor that would be difficult to quantify in financial terms, let alone explain to folk who have zero interest in vehicles...?
Well you did ask...