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 and/or investments:

    Until recently the word fascist was considered shameful. Fortunately, that period has passed. In fact, there is now a reassessment of how much grandpa Benito did for Italy.
    Alessandra Mussolini, Italian actor, politician, and medical student. As quoted in Newsweek magazine, p. 19 (February 17, 1992)

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