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ha said:
I like it .... but for $4-5 mln?!! C'mon
It's all relative. If I had the money an the opportunity hell yeah I'd do it. People spend $4-5 million on yachts all the time but they lose huge amounts of value the minute they're run so why not a car (especially one custom built to your specs by FERRARI). Even more people invest that kind of money buying something intangible AND with a chance that they'll lose money. No question he'd get more than he paid if he went to sell and no doubt it will be worth more, probably lots more in 10/20 yrs from now. PLUS the biggest feature of course is the amount of fun and experiences you get for your money vs. using it for something else like a paper investment. After-all what good is working hard & being wealthy if you don't buy stuff with the money to enjoy?
Hows that Jim? Good enough to give me a ride next time? lol! It's a re-made version of the speech I give to my wife when we buy a sports car.