We’ve all done it; bought something and thought “i could of bought ten of those for that” 15 years ago. So with the benefit of hindsight, should you now spend every spare penny on the “next big thing” hoping that in 15 years time it will be worth a fortune?
“If i had a barn” is a common phrase when talking about this subject, but it normally comes before the financial realities of how you fund such potential money making. And potential is just what it is, surely nothing is a certain money maker but taking a look at the past it must display a pattern?
Speaking with friends and customers, some who paid less than £50 for a Splitty in 1980 something, kept it, and are now driving a £20k+ vehicle makes you look at the splits successor, the Bay. Recollections of these being picked up for a song ten or so years later and now these have rocketed in price just for a rot box. So if you took a time machine 5 years back would you buy a barn full of T25’s?
So lets for just a second imagine, we’ve climbed in the lego DeLorean above, the Dr has set the dial for 2006 and we have the free ad paper at our finger tips. A days driving and flying around, and a suitcase of money lighter we have a chain of T25’s being towed back to the future to go in our new barn and just sit there.
When would be the right time to sell? You’ve come this far, surely 5 years would be too early? Of course with the aid of a time machine you would set the sat nav for five or ten years time and go check Ebay -but that doesn’t make use of the hindsight theory and frankly I consider it cheating!
With the values now increasing for the T25’s this theory is being played out now. While some ex builder panel vans can still be had for less than a grand, a late Westy is going to cost you ten times that, and to think if you had a barn 5 years ago..
So armed with this knowledge, a lego time machine and an vivid imagination, where are you going and what will you buy?!
Andy