If you’re looking into buying your dream car in the next few months – think twice!
At the bottom of the stock crash in early 2009, I bought a dream car – a 2008 Maserati GranTurismo – at 22% off. I got the manufacturing margin and the dealer margin completely taken off. Six months earlier, I would’ve paid a slight premium. Instead, I got a discount.
So hear me out – if you’ve really got your eyes on that Chevy Corvette Stingray or Mercedes-Benz convertible or whatever, wait!
Car sales are going to be demolished when they fall off the demographic cliff in the next year or so.
Two of the most successful investors in the world, Warren Buffett and Steve Soros,
Published on November 23, 2015 13:30