There are old cars bought to drive and those bought to look at. I owner chooses which.
The rich guy that buys high end old Mopars as investments, he buys the right car at the right price at the right time, just like short on the stock market? soon as he sees his profit he flips it to his rich buddy. The rich guy that buys as an investment, he has his fancy cars, ultra fancy mega garage, its his fun thing....IF he really thinks of it as an investment, he will find he was wrong 99 times out of 100..
No doubt the best examples of collector cars sell privately.
If anyone has paid any attention to auctions the last coupe of years or so,, they see a general trend of prices falling in general,a few exceptions.
As my older generation dies off, IF her are more old Mopars than willing buyers, well, we all know the answer.
For 99% of us, it is a hobby, and realize the costs. Some are just better at not spending as much as another?
The rich guy that buys high end old Mopars as investments, he buys the right car at the right price at the right time, just like short on the stock market? soon as he sees his profit he flips it to his rich buddy. The rich guy that buys as an investment, he has his fancy cars, ultra fancy mega garage, its his fun thing....IF he really thinks of it as an investment, he will find he was wrong 99 times out of 100..
No doubt the best examples of collector cars sell privately.
If anyone has paid any attention to auctions the last coupe of years or so,, they see a general trend of prices falling in general,a few exceptions.
As my older generation dies off, IF her are more old Mopars than willing buyers, well, we all know the answer.
For 99% of us, it is a hobby, and realize the costs. Some are just better at not spending as much as another?