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Originally Posted by skorpion317
this leads to everyone with a classic car thinking they're worth hundreds of thousands of dollars.
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that sounds like a quote right out of a magazine... at least i know i've seen it before. it's valid, though, as even guys with cars like ford's maverick have seen a spike in the price of their cars. especially once a magazine puts it on the cover and does an in depth story on it...
all models of a car go up when the "rarest of the rare" spike. i did not buy my car as an investment; i bought it because i love the body lines. i love the sound of the motor. it's got a radio in it, but i don't think i've ever had it on while cruising. i'd much rather listen to the motor and related noise than listen to the radio. i listen to the radio in the driveway while i'm working on her.
while i didn't plan on it, it is nice knowing that i could unload my car for at least $20k more than i paid for it. it's a nice driver with a decent restoration done to it (still in progress). i've seen cars in worse shape than mine sell for $50k.
the only problem i have with the multiple-million dollar cars is that no one is driving them. they're sitting in a museum somewhere where very few people can see them and enjoy them. that's not what cars were made for...