01-23-2009, 04:12 AM
catchacab wrote:
I have dabbled in the collector car hobby, both muscle cars and sports cars. I profited on every collector car I have ever bought (6), while enjoying working, driving, and showing them. No, I cannot guarantee success, but you do have to be smart. Don't buy a piece of crap, and don't buy an overpriced trailer queen. Wait for the right deal when buying, and only sell if the right offer comes along. Do not put a lot of money into a car that is not desireable unless you are restoring for you own personal satisfaction. You will not get the return. The fact that not everyone follows this philosphy, means that there are opportunities for the wise out there.
I also have a Schwinn Stingray that I really overpaid for. I wanted it since I was 8 years old, and didn't mind paying a premium.
Quote:I think what it comes down to, is there are a good number of men who could afford to overpay for their childhood dream car or the car that they couldn't afford when they were young. Yes the cars do drive like a POS, but it is like your first lust. You see her at your HS reunion, and she is not nearly the looker that she was 25 years ago, but you would still take her.
I have dabbled in the collector car hobby, both muscle cars and sports cars. I profited on every collector car I have ever bought (6), while enjoying working, driving, and showing them. No, I cannot guarantee success, but you do have to be smart. Don't buy a piece of crap, and don't buy an overpriced trailer queen. Wait for the right deal when buying, and only sell if the right offer comes along. Do not put a lot of money into a car that is not desireable unless you are restoring for you own personal satisfaction. You will not get the return. The fact that not everyone follows this philosphy, means that there are opportunities for the wise out there.
I also have a Schwinn Stingray that I really overpaid for. I wanted it since I was 8 years old, and didn't mind paying a premium.
Aaron Moore
2007 BMW 335xi twin turbo
2011 Chevrolet Traverse
1971 Schwinn Peapicker with full suspension - all original and one mean ride!
Traxxas Revo Monster Truck 1/10 scale Nitro
2007 BMW 335xi twin turbo
2011 Chevrolet Traverse
1971 Schwinn Peapicker with full suspension - all original and one mean ride!
Traxxas Revo Monster Truck 1/10 scale Nitro