He drives it once in a while.
Some of my more expensive cars will be worth similar amounts in a decade. I expect my McLaren P1 to have a value of at least 12m by 2030.
Is it really that much better at what it does than a quarter million dollar vehicle?
LOL I can downvote you once and you're yellow again. You literally just turned red - at 9000 points (check your profile).
That won't be saved on the new servers!
Nope.
It's a matter of scarcity and desirability.
In real world use, it's no better than a Honda Accord. In fact, in many ways the Honda Accord is a much better vehicle.
I expect many of my cars to significantly increase in value. In many cases, that was a major consideration with my purchase. "I like it AND it's going to be worth millions of dollars some day!"
In fact, I expect my collection to appreciate in value better than stocks and bonds. (It'd still be stupid to just invest in cars. Diversification is key, even if one market is dramatically outperforming another.)
The cars will most likely keep getting higher in value as time goes by for the same reason some are worth 20 million dollars. scarcity and desirability. It's not like they are building any more of them.
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