Antique Car - Considered To Be Investments

Considered To Be Investments

See also: Most expensive cars sold in auction: Factors to the vehicle's value

Some consider such collectibles be a form of investment. Buying a particular antique car is then done primarily in view of profit in a future sale and not of enjoying a drive or taking pleasure in restoration work. The market for antique cars fluctuates wildly over the years. There have been periods, like the 1980s, which have seen strong and continued increase in price, but other periods (e.g. the early 1990s, and 2008–2009) which saw precipitous declines.

Read more about this topic:  Antique Car

Famous quotes containing the words considered to, considered and/or investments:

    “This nightmare occupied some ten pages of manuscript and wound off with a sermon so destructive of all hope to non-Presbyterians that it took the first prize. This composition was considered to be the very finest effort of the evening.... It may be remarked, in passing, that the number of compositions in which the word “beauteous” was over-fondled, and human experience referred to as “life’s page,” was up to the usual average.”
    —Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    “The measure discriminates definitely against products which make up what has been universally considered a program of safe farming. The bill upholds as ideals of American farming the men who grow cotton, corn, rice, swine, tobacco, or wheat and nothing else. These are to be given special favors at the expense of the farmer who has toiled for years to build up a constructive farming enterprise to include a variety of crops and livestock.”
    —Calvin Coolidge (1872–1933)

    “In youth, love and art. In age, investments and antiques.”
    —Mason Cooley (b. 1927)