Thread: Cars as an Investment?

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The 76 Vette I bought had a sound system installed, took a lot of time to pull it out, but the fuel gauge doesn't work and the alignment's off amongst other things. It was loud though. A lot of little things wrong, but we had noise. My 40 and 36 didn't have a radio, go figure.

my business has been tied to this for the last 25 years. streetrods as we know them went flat over 5 years ago. they lost about 30% of value . highend cars or cars with history fall into a different place. the tri5's are next to fall . it is predicted they will loose about 10-15% over the next 5 years. this would not include the survivors or high end restorations of ht's , convertibles and such. pick ups remain strong for some reason. i have taped and studied the various auctions over the last 10 years or so to try and understand the collectors . they set the stage. my decision to shut down and stick with early vette restomods was mostly due to that. it's a strong market with better returns than restored originals. sadly our pre49 hotrods are going to sink to the 20k range in a few years. just too many for sale.
but a good collectible car that appreciates at 8-10% a year beats hell out of a cd at.03% or stocks that tank to 0 .