I'm curious about how people who "can afford" E39 M5s might not be affected in an economic turndown
People generally buy old enthusiast cars in 'cash' and new civics with financing that ranges from semi-benign to well and truly predatory. Not that i dont constantly go around talking about how this or that enthusiast car cost less than XYZ newer car, because i do!
Anyway, i sure do remember the $14k Ferrari Mondials, the $30k 308s, the $50k Modenas, and that one running high miles NSX I could have bought for $6k. By my recollection it was sometime during that thing they called the Great Recession. At the time i was sinking money into a second degree that I arguably don't need and hasn't benefitted me all that much. I think there are any number of collectible cars that would have been a better investment over the last 10 years than that degree. People at work think I should get a Masters, but it would be a lot more fun to wait til the next global economic collapse and buy a Ferrari instead.