I have been informed (thanks Howard) that a 1972 MGB sold for $3200.
Using an investment calculator I found that $3200 would need an average
yield (compounded annually) of 6.1421% to equal an investment of
$16,000. Don't forget this ignores the costs associated with returning
the car to (or maintaining the car in) "show winning" condition.
Just an observation
Jim
Mgbreh@aol.com wrote:
>
> This car was ground up restored by the owner it was not a trailer queen he
> drove it to several events, of coarse he has another car to drive daily its a
> 74bgt after it rains everyday in seattle were going on 87 days straight. I
> guees the point is that a very well done & then maintaned car can be worth a
> bunch of $$$$$$$$$$$$$
> Ray
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