I am not, in any way, shape, or form, a certified financial advisor, nor a wealth management planner. (Not in this country, anyway.) That being said, INVESTING PRO TIP: The classic car market is in the midst of an enormous bubble. Get out while you still can. Case (probably not) in point, the market just took its…
If you can get your grubby hands on one of these ten cars, hang on to it and be ready to cash in.
The Dow Jones Industrial Average is up! The S&P 500 is up! NASDAQ is way up! But none of those have anything on the collector car market, which is nothing short of absolute insanity at the moment. And this chart is proof.
Back in 1994, a McLaren F1 cost you about £650,000. That was as much as a mansion. This video took one such Mclaren and one such mansion and compared the two on appreciation. Which one made more money?
In honor of Collector Car Appreciation Day on July 11 (oops), Auctions America is holding a big auction of some really interesting collectible cars. They were nice enough to let me check out some of them before the July 31 auction. I'm pretty sure my presence devalued the cars a bit, so, you're welcome, bidders.
Up for auction: cars owned by Texas businessman Don Davis, including a '67 Ferrari 330 GTS, a Toyota 2000GT, a Porsche 959 and a '41 Chrysler Indy 500 pace car. Commence drooling.
A 1963 Ferrari 250 GTO sold this past week for the unbelievable sum of $31,856,726 (£20.2 million), making it the most expensive car ever sold in Britain and the second most expensive car ever known to have been sold anywhere in the world.
Life wouldn't be worth living if not for mystery, but there's one I just can't cipher: Why do classic car owners prop life-size dolls of toddlers against their rides at shows? Want to split a Big Gulp of WTF?
High on the remote Colorado plains known as South Park sits a few hundred acres of ranchland and a car collection of one man that numbered 1,000 vehicles. After years of frustrated selling, his widow has called in the crushers. Your move, hippies.
Today is National Collector Car Day and eBay Motors is celebrating by auctioning off a GM Futurliner. We worked with the company to assemble this list of the ten most expensive vintage cars ever sold on eBay. Bids start at $700K.