Buying A Vintage Car For Fun And (Perhaps) Profit - News Summed Up

Buying A Vintage Car For Fun And (Perhaps) Profit


That follows a major run-up in values sparked in some part by Baby Boomers snapping up vintage 1960s and ’70s muscle cars. In particular, vintage trucks and SUVs are emerging as bona fide collectibles, especially among younger buyers. Experts suggest starting out by finding a vintage car or truck you simply like best, rather than gambling on one that might show the greatest likelihood of turning a quick profit. The logic here is that even if the car never takes off financially, you’ll still have gotten your money’s worth in the pleasure of ownership. Otherwise, the key to obtaining an investment-grade classic car is to do your research ahead of time.


Source: Forbes October 17, 2017 18:16 UTC



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