Now may be the best opportunity ever to invest in a classic car. The old and collector car hobby is more popular than ever with the baby boomers who are beginning to retire, as well as with the younger, successful family oriented generations who are longing for escape to simpler times. Some of the evidence suggests the following reasons:

1. Investment Potential: Most quality classic cars have maintained their value better than the majority of stock, real estate and mutual funds. An extreme but real example would be if you had bought GM stock just 9 years ago at $95 per share it would be worthless now. You would have lost 100% of your original investment. But, if you had purchased a classic GM car such as a 1957 Chevrolet for $15,000, it would be worth about $35,000 today. Your investment would have tripled in just 9 years. The same could be said about Chrysler, some Financial Stocks, and a lot of other stocks, real estate, and equity investments.


2. Opportunity: There is an active old and classic car market, driven by the need of some people who are having financial difficulties, selling to those who have money to invest. There are quality cars available to purchase now that normally would not be for sale in better economic times. Now is the time to buy!


3. Low cost of ownership of investment grade classic cars: Insuring your collector car investment is very inexpensive. Collector car insurance is much lower than for regular, modern cars. You can protect your investment at a bargain. Secondly, many states, like Georgia, tax older and classic cars annually at a nominal value, if at all, regardless of the value, even if it is a rare Rolls Royce Silver Ghost worth more than a million dollars. Your car’s investment can grow virtually tax free and with low expenses while you and your family enjoy it.


4. Looming Inflation: With all of the additional currency the U. S. government is printing, it is most likely that inflation will start to take hold and could even result in hyper-inflation like the 1980’s. If this occurs, it will be much more prudent to have your money invested in “things” such as collector cars, rather than in cash or in low interest bearing savings accounts. In the future if you tire of your investment car and want to trade for another old or classic car, the one you buy now will be a good place holder which will increase as the market for old and classic cars increases. Investment grade classic and old cars are an excellent vehicle for hedging your inflation bets.


5. Enjoyment: Lastly but certainly not the least, the enjoyment and camaraderie of owning and participating in the old and classic car hobby can add much quality fun to your investment. This hobby brings family and friends as well as generations together. There are numerous car clubs which have car shows and cruise-ins. Everyone from Grandpa to Junior can participate. A family Sunday drive and picnic in the country with the oldies playing can bring back great memories of perhaps a less hectic time and create new lifetime memories.
   

Don’t miss what may be your best opportunity to get into the old and classic car hobby and make a smart investment as well. Start researching the cars and decide which car(s) you and your family would enjoy the most while watching them most probably, increase in value. This may be the most advantageous moment of your lifetime to buy your old or classic dream car!