TwinTurbo.NET: Nissan 300ZX forum - Actual cost $107,570 ( if invested in stock market)
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Subject Actual cost $107,570 ( if invested in stock market)
     
Posted by TTkeeper on August 11, 2010 at 11:40 PM
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In Reply To What cost $43028.00 in 1995 would cost $59986.90 in 2009 (n/m) posted by zfreak(Dallas) on August 11, 2010 at 10:02 PM
     
Message That sum of $43,028 invested in just the industrial average of the stock market ( Dow in 1995: approx. $4000, Dow in 2010: $10,000) would now be worth around $107,570. Just proves what a depreciating asset a car is...even one you like. The car now worth maybe $12K had an opportunity cost of $107,570 - $12K = $95,570 in today's money. And remember, this is "un-earned" income...meaning you didn't have to work/sweat for it...just set the money aside. Makes you think before buying a brand new car at new price...doesn't it?

     
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