Experts in antique cars give the same advice as serious art dealers and professionals in the antiques trade: Collect what you can enjoy above all because the future monetary value of any craft or art object is completely unpredictable. Still, the other opinion and plan exists: People who live in naturally dry areas, such the South Western Desert region of the United States, can approach this as a potential long term investment, due to the lesser chance of destruction of the bodies by rusting. One strategy requires that you buy a car that is in good condition, with original paint and chrome in good order. It should be purchased for less than $500 in good running condition, with no broken glass and low mileage. The car should be at least 20 years old. This seems to be the time when the value of the car "bottoms out". Rarity and demand are key bases of value, and the rest is about the innate charm of the car, and its reflection of the era it represents.
Wednesday, April 21, 2010
Considered As Investments
Experts in antique cars give the same advice as serious art dealers and professionals in the antiques trade: Collect what you can enjoy above all because the future monetary value of any craft or art object is completely unpredictable. Still, the other opinion and plan exists: People who live in naturally dry areas, such the South Western Desert region of the United States, can approach this as a potential long term investment, due to the lesser chance of destruction of the bodies by rusting. One strategy requires that you buy a car that is in good condition, with original paint and chrome in good order. It should be purchased for less than $500 in good running condition, with no broken glass and low mileage. The car should be at least 20 years old. This seems to be the time when the value of the car "bottoms out". Rarity and demand are key bases of value, and the rest is about the innate charm of the car, and its reflection of the era it represents.
Posted by
Music History
at
12:14 AM
Labels: Classic Car
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment