And They Say Cars DON'T Appreciate In Value -- Man Sells McLaren F1 For WAY More Than Its Original Purchase Price

And They Say Cars DON'T Appreciate In Value -- Man Sells McLaren F1 For WAY More Than Its Original Purchase Price
One of the biggest myths about automobiles is that they all lose value once you drive them off the lot. While it may be partially true for a good chunk of the autos that hit the roadways every year, there are a slew of exceptions.

If you need a good case study, take a look at some vintage rides or, my personal favorite, the McLaren F1.

One lucky chap in the U.K. who's in the high-end auto sales business acquired a McLaren F1 and just sold it recently for 3.5 million POUNDS. If you're not a math wizard or trading currencies on The Street, that equates to more than $5.5 million USD.

Considering the original price of the McLaren F1 was around a million bucks in its hey day, we have "good on 'ya!"


Ultra-rare McLaren F1s hardly ever come onto the open market and are highly sought-after by petrolheads.

But Tom Hartley Jr, 29, decided to cash in on his and put it up for sale - racing to a whopping £3.5million pay cheque.

It makes it more expensive than any modern day car and three-and-half times dearer than a brand-new Bugatti Veyron...



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HolydudeHolydude - 11/10/2012 9:21:21 PM
+1 Boost
Nice, hope the new P1 can do the same!


PUGPROUDPUGPROUD - 11/11/2012 11:00:16 AM
+2 Boost
Every enthusiast knows the right limited production super car will outperform the stock market by a multiple of 10 or more over time. For the creme de la creme of automotive royalty its not how much you paid that determines your profit....its how long you keep it.



lexusrox123lexusrox123 - 11/12/2012 4:31:52 PM
+1 Boost
Obviously, the appreciation/depreciation factor depends on the car. You can't honestly compare depreciation rates on a 90's Civic and a 90's Ferrari, for example.


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