Quote:
Originally Posted by westopher
My car is slowly approaching the "no longer low milage" barrier and the value is going to take a hit, but I can assure you, anyone I've ever shot the shit with, driven with, done a track day with or wrenched with all know I'm getting more value out of my car than if I sold it for double. True wealth is the ability to do what you want, and enjoy it. Some of that is gonna cost you some money.
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Great points. If the car, though rare, or semi-rare, makes you happy, then it's worth it. (Within reason + balance, of course.)
For some folks, happiness = seeing the car parked and not be driven.
For others, happiness = driving the car and building memories/driving stories with the car.
Both approaches work. The approach that's not ideal is when someone would be happy driving the rare car, but doesn't because he or she doesn't want to impact the perceived value of the car. Then this person is missing out, and making sacrifices in thinking that he or she will appreciate the money more so than the driving experience.
On a semi-related tangent, I can't recall the exact study, but I remember reading that people--on the whole--aren't very good at predicting what will make themselves happy. They tend to think x or y will make them happy, but even if they achieve x or y, after a certain period of time, they return to their base level of happiness. Similar to how lottery winners are initially happy, and then after a while, revert back to their previous happiness levels.