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:

    “Independence I have long considered as the grand blessing of life, the basis of every virtue; and independence I will ever secure by contracting my wants, though I were to live on a barren heath.”
    —Mary Wollstonecraft (1759–1797)

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