stop beating yourselves up for not buying that D90 back in 1995 - Defender Source
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  #1  
Old September 13th, 2016, 12:51 PM
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signalMTB
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stop beating yourselves up for not buying that D90 back in 1995

I've seen lots of comments around "man, sure wish I would have bought that Defender back in 199x when it was new"...just want to say...you wouldn't have done yourself any favors!!!

A purchase of $35000 USD in 1995 has a present value of $55k-$65k depending on who you ask/where you look. So first and most importantly, that isn't anymore affordable now than it was then, and arguably less so because we were all 20 years younger then and presumably less successful and poorer. So expendable income was far lower then than now. If you don't think so, then I suggest you go out right now and buy a $60k example if it's that easy

Given current pricing of low'ish mileage defenders, that's about $55k-$75k in present value. That's about a 3% return on a $35k investment made in 1995, which is about what you'd expect investing in the stock market. I think we'd all take the equivalent defender purchase rather than stock investments, but you also have to add in the 20 years of maintaining it, insuring it, fuel, registrations, etc. Chances are too we would have driven them, used them, beat them up some eventually. So dollar for dollar, again, you're not making money, but arguably not losing it.

I write this really just to tell myself "hey, it's ok that you didnt buy that Defender when you were 20, it's ok, don't beat yourself up".

We
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  #2  
Old September 13th, 2016, 01:02 PM
LR Max
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I beat myself up for not buying one 7 years ago when they were $15~20k.

But I bought a house not too long after that, so instead of driving my investment, I sleep in it.
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  #3  
Old September 13th, 2016, 01:04 PM
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I don't think people are beating themselves up for not buying them back then. I think more people are upset they didn't buy them five years ago when trucks were still cheap.
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  #4  
Old September 13th, 2016, 01:17 PM
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Quote:
Originally Posted by bjf View Post
I don't think people are beating themselves up for not buying them back then. I think more people are upset they didn't buy them five years ago when trucks were still cheap.
now that, yes, totally agree. Imagine how all those Ferrari 308/328 wanna-be buyers of years past feel now! (self included in that btw)
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