Saturday, May 28, 2011

Investing In Classic Cars | Car Info Weekly

Are you an investor looking for ways to make your money make more money, have you considered investing in classic cars, the classic American and classic British cars are a good choice for you, if you spend some time, and do some research you could very well be pleasantly surprised at what you find, a lot of these cars are now worth ten or more times there original value, you?ve just got to think, how many investments you know of can do that.

Back in the day a HEMI 1970 CUDA sold for around $3164 and today you could not touch one of these cars for less then $150,000, and that would be an extremely good buy, I recently seen one sell for $1,500,000 at auction, and this is not uncommon for this type of muscle car, not to long ago I was out reading up on pricing of these car, and I ran in to a 1969 ZL1 camaro that had just sold for $880,000 at auction, this car from the factory went for around $7,000 when it was new.

While these were very special cars that the factories didn?t build a lot of, if you do some research you?ll find that there are still some good investments to be found in the automotive world, if you have some money to start with, you can do very well with these cars; I could go on for about a hundred years with a list of American and British cars to invest in, but I?ll just keep things short and to the point.

If you haven?t looked in to this; you may think that I?m just up in the night, or you might even want some of what I?ve been smoking; I have done a lot of research on these old cars, and I?m here to tell you, I am not up in the night, I have spent most of my life studying these cars, and during my studying I learn certain things, and in a lot of cases things even make me go HHHMM what is going on around here, how could this be.

I haven?t only seen this type of thing one or maybe two times, I have seen it over and over again, if your an investor and you have an interest in cars, it just might be the right time to start throwing some of your cash at the classic car industry, or at least look in to it a bit more, if you have a favorite car, or favorite manufacture; do some research on the car or manufacture that you love, chances are that there was some special version of you favorite car built, and that would peak your interest HUH?

I?ve been in the automotive business for about 20 or 25 years, I have worked in all facets of the industry, from parts to restoration, all different makes and models, I just want to keep people interested in the old cars because it?s where my heart is.

http://autorevival.com

Source: http://carinfoweekly.wordpress.com/2011/05/26/investing-in-classic-cars/

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