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#1
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i personally do not want to contribute to any type of article that represents muscle cars as an investment, true the recent prices indicate that some cars are "blue chip" material but feeding this frenzy only drives up the prices on all muscle cars including non original, plain cars, and the enthusiast is left out in the cold as more and more cars become "too valuable to drive" and are retired to garages. please go elsewhere, or better yet recommend that ferraris are the next wave of hot investments. the owners will be pleased and maybe you'll be able to start a new trend.
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#2
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I agree with Indy. Cars are not real estate or art objects to be bought, hung on a wall, then "flipped" for a higher price. I live in Northern California where my modest 2 bedroom, 1 bath, 1500 sq. ft. home is worth close to a million dollars. A lot of the demand comes from speculators who like to buy, hold for a little time, then sell.
The same thing's going on with muscle cars. Some guys who don't know a carburetor needle from a knitting needle want to buy muscle cars to make money instead of having fun. Eilig, if you wrote to us and asked what's your favorite fun muscle car and why,..you would get a lot of responses. But, asking, what's the best investment, well, as we said before, you should stick to stocks, bonds, art, precious metals, and real estate. Muscle cars deserve to be driven by enthusiasts not investors.
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1971 BFG "Tirebird" |
#3
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[ QUOTE ]
The article will be slightly "tongue in cheek," as many of the prices recently commanded by high profile muscle cars are "anomolies" as viewed as investments. Nonetheless, the article is intended to serve as an interesting and insightful framework for investment analysis in general, within the context of.... musclecars! [/ QUOTE ] I think you guys are over reacting a bit...since we are in the real world it sounds like it would be an interesting article...
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Don't mess with old farts - age and treachery will always overcome youth and skill! Bullshit and brilliance only come with age and experience. |
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