Hey Howard,
Some good points you made.
One thing you may be overlooking is the restoration end,are you strictly looking for #1 cars? For your 750K you could open a pretty nice shop, hire some pretty talented people, ie: welder, painter, engine builder, ect. and start looking for deals on #3 and #4 type cars and doing the resto yourself and this would basically give you a much higher return on your money. As long as you got the good documentation eventially any car you find will wind up a high dollar #1 if you do it right. Maybe im a little off track but thats how I would approach it. Then if the Market ever takes a down turn your not stuck holding the bag on Million dollar hemi's and 750K vettes that youll be lucky enough to get back 60% on your money. It may be a hobby but with million dollar cars its also business. Isnt there a place down there in Texas where people are members of a private track where they can keep and run their cars? Theres the future, a high quality resto shop, huge garages, and a track...where do I sign up?
