$38 million for a Ferrari GTO...Would you? WOULD YOU?

a reply to: Unity_99
It is all relative. An average person will probally spend between 3 months and 12 months earnings on thier car. So lets for a hypothetical situation say that the person who bought this car is worth 3 billion and that they get a return on their money of 15%. Thats 450 million a year that this person may earn who is buying a 38 million dollar car which is 8.5% of their yearly earnings. This being the most desirable of the classic ferraris is likely to also rise in value at approximately the rate of return that this person is getting on their other parts of their investment portfolio ie: 15% I pick 15% as this is the return that some classic car valuers think that this car will apprciate at.