My guess the reason Doug says cars are not an investment (rightfully so) is he knows how few people really understand the market and how many people fail when trying to "invest" in a car.
@RoyDeMeo-23 ай бұрын
100%. Very few people are educated enough about cars and car market to know what cars will appreciate. Even fewer have the money to buy those cars.
@wwgbert3 ай бұрын
@@RoyDeMeo-2 Couldn't have written it any more clear myself. While it seems easy enough, it is not easy.
@saint76263 ай бұрын
People make the assertion that cars aren't an investment, because people have a fundamental misunderstanding of the term "investment". Buying a house is widely accepted as being an investment. 2008 could happen again, and the value of your investment could drop by 25% in a month. Every investment carries a certain level of risk. Certain cars can be an investment, they just happen to be a high risk investment. Like watches. Like cryptocurrency. They're volatile markets, meaning there could be very quick upside, or very quick downside.
@wwgbert3 ай бұрын
@@saint7626 Thank you for articulating what myself and the other comments were trying to say, few people know how to invest in cars and are good at it.
@NightTrainRides3 ай бұрын
When you account for storage, insurance, and maintenance, even if they go up in value, they are typically not a good investment.
@phelps078q3 ай бұрын
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024. ....... .........
@SmithNatasha-hc7mq3 ай бұрын
This seems like the worst period.Even the market are now very unpredictable. Started investing recently when the market prices were a bit high,today I am more than 60% down!
@phelps078q3 ай бұрын
Don’t be confuse buying the dip in a bear market, with guaranteed future returns. Just because that company is down 60%+ from ATH does NOT make it a sound long-term investment. Make sure you’re investing in great companies. kudos to Christen wilburn
@JeffreyScott-zg1wj3 ай бұрын
Christen wilburn concept is key in beating all odds to excel in this form of online commodity. Her management team is quite impressive so far! With SUK made a profit of over 28,863 dollar
@SmithNatasha-hc7mq3 ай бұрын
I'm a born christian but sometimes I feel so down of myself because of low finance but I still believe in God.
@SmithNatasha-hc7mq3 ай бұрын
please how can I reach her?
@henryhudson49653 ай бұрын
Old school cars go up in value. New cars depreciate from the moment you drive it off the lot💯 3:14
@buzzcrushtrendkill3 ай бұрын
The cost of storage (cost of building the storage facility), cost of licensing/registration and property taxes, insurance and of course maintenance costs. Don't overlook these. It's not buying stocks and bonds.
@Tofucapitalist3 ай бұрын
You are also driving these vehicles… every 100 miles drastically depreciates the price.
@kw00173 ай бұрын
Strad hit it. All the cars listed were high production numbers. There has to be more demand than availability for prices to rise
@No-turbo3 ай бұрын
Rarest car I have is a manual e63 V10 M6 coupe. It’s weird to that no one cares about that car. I’ve owned every other BMW that people have geeked out over and still do and the manual E63 is better than all of them. A manual V10 that they made 330 of should make it one of the most collectible BMWs in history someday.
@swordsmike3 ай бұрын
I believe that engine is known to be a nightmare for a lot of people. But I do love that car.
@alistsocial24343 ай бұрын
It’s not an invest but it really depends on how you use it I agree with stradman!
@Boxer4ever3 ай бұрын
Supra will never be 130K. I like Stradman, but he’s on another level. He can judge supercars, but not cars like S2000, Supra etc
@budokpantai3 ай бұрын
I partially agree with this. JDM cars like Mk. IV Supra, RX-7, R34 GTR, S2K are in demand right now because those cars are legendary. Those were used widely in racing, and got featured in cars films, anime and games, when not many people can buy or afford them. They are generational icons. Sport cars nowadays will not be as cool as them. As simple as that. But then again, if EVs actually successfully replace (I hope not) ICE cars, then maybe sport cars of today can become the future icons.
@noflyzone4853 ай бұрын
Suggesting ur friend pay double for the asking price is a quick way to end a friendship.
@VijayNayak-on5wq3 ай бұрын
My picks for the bull run: ADA, AVAX, SOL. Best presale? Versidium, no doubt.
@TeeOCee3 ай бұрын
Basically any car that was in the first 3 fast and furious movies. We got a sequential MR2 that is just skyrocketing. We aren't rich but we got it for 3 grand.
@MrDunkin24 күн бұрын
Facts lol
@jackinralph13 ай бұрын
I love all these car conversations
@zugzug67733 ай бұрын
James grew his car collection during good economic times.
@jameswilson81703 ай бұрын
I have the MKV Supra but not the MT and he’s right, it’s rare AF comparatively. Still happy AF with the 2024 auto but not expecting the auto to go up much if at all.
@HeliTom84Ай бұрын
Tesla roadster will be crazy valuable in 20 years. Unique auto and space history from one of the biggest geniuses the world have seen this century. Aston Martin vantage v8 is a steal right now, and will probably 2x in value the next 5 years. Especially with manual. Classic vintage Mini coopers, Renault alpine and other cool rally / motorsport history or famous movie cars are also a safe bet.
@Missacek3 ай бұрын
Strad forgot that BMW put Supra's engine into their whole lineup from 1 series all the way to the 8 series. There is no way such car will appreciate only cuz manual since there are many B58 manual cars.
@Boxer4ever3 ай бұрын
Honda S2000 Yes!!!!!!!!!
@ace1gl3 ай бұрын
A lot of times it is weird options that no one else gets that really sets the cars apart. I know there is a porche I believe it is a 993 and if you have one without a sunroof it is insane, because everyone got a sunroof. Gated manuals in exotics as paddles and autos took over. Cars can be great investment if you know what you are doing.
@dasmg3 ай бұрын
Just because there are investment worthy cars, doesn’t mean that in general cars are investments. A lot like wristwatches, the vast majority of them lose value, even some exotics. It’s all about if you can afford to buy in to cars that will be investment worthy in the first place.
@Bensonater113 ай бұрын
I think right now, the manual craze is all the rave. All manual cars have skyrocketed. However, so many insane auto cars that people are just simply forgetting bc theyre auto - ie the 675lt. Amazing car, can get it for 250k now, whereas manual cars of similar value will go double.
@davidcousins39383 ай бұрын
In my opinion, I believe the BMW E46 CSL is a no brainier to buy, the BMW E30 , 333I , extremely rare , Also,a no brainer
@SapanSahoo-ej5ot3 ай бұрын
Concentrating on BTC and Versidium, with a little ETH on the side.
@DolphinDivingChamp3 ай бұрын
Its like buying land, theres 101 reasons most people don't invest in land
@theplatinumog32833 ай бұрын
Noble m400!
@passionnotparked90993 ай бұрын
What They said was, if you have the money to buy the cars, you dont need the cars to be an investment.
@yellowdog28423 ай бұрын
Any sports car with a manual transmission will go up in value as we transition to EVs
@Bartmann4203 ай бұрын
Cars are not going up in value, dollar is going down in value LOL .
@engin3ar3 ай бұрын
Bingo
@BryceLovesTech3 ай бұрын
The BMW Supra……no way
@DavidWilson-kr5gt3 ай бұрын
Agreed
@AliAsim-ju4ge3 ай бұрын
130 might be a lil high, but it’s a manual one. Not to mention the die hard fan base the b58 is gaining, it’s actually absurd. Again 130, probably not but the manual ones will go up
@jonathanquezada73423 ай бұрын
Any time ANYONE says “I knew with 100% certainty” they’re full of shit.
@constantineandreu93773 ай бұрын
Stradman for advice? 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂 He has no investment grade vehicles in his line-up👌
@daljitkaur46503 ай бұрын
I’m all about presales, and Versidium tops my list. Early investment is key!
@gauthamr66703 ай бұрын
Predicting 100x gains for Versidium post-launch on major exchanges.
@chefgromano50253 ай бұрын
These cars will all drop in value already are. This guy was 10 in 2008?
@Rohsnikumari15523 ай бұрын
Wondering if Versidium will pump before XRP. It’s got potential!
@SaqibWasif-xy2us3 ай бұрын
Versidium is the best ICO opportunity I’ve come across in a while.
@lingamayayamaplaku83793 ай бұрын
Moving everything into BTC and Versidium. This presale is too good to ignore!
@UMALO1433 ай бұрын
Seriously, get Versidium now before it’s too late!
@parmeshwardhruwa72373 ай бұрын
Predicting a massive 100x surge for Versidium after it lists on Binance.
@MrMrbrianbechtel3 ай бұрын
Lol tesla roadster. No thanks
@cb86258Ай бұрын
Oof. Dudes totally out of touch trying to talk about social media in relation to normal people.
@Sarge39913 ай бұрын
In tune with the hypercar market? What a “bold” claim. There’s so few of any of them, that saying any of them will increase in value is a sure thing. Dude claimed he knows exactly what cars are gonna go up in value, but then dialed it back when actually tested. He’s far too arrogant about his car “knowledge”