Review of the Collector Car Market
Commentary from the Owner
The opportunity has never been better to purchase a collector car. As the stock market declines, more investors are looking to put their money into hard assets that they control. Like gold and silver, collector cars have worldwide appeal, and accelerate in value even as the stock market declines.
As many of you may remember, in 1987, we saw the worst stock market decline since the Great Depression. In the next 12-24 months, however, the value of collector cars skyrocketed – many doubling and tripling in value. For example, a Jaguar E-Type convertible, then a $20,000 car, increased in price to $60,000-$80,000. Ferraris selling for $200,000 quickly became $1 million motorcars.
Again in 1991, as the Gulf War raged on, we saw a recession at home. Once more, these cars saw an immediate increase in value, even as the market declined. Unlike the stock market, you control these assets, and they have never had a $0 value, so they continue to be in high demand.
These investments can provide you with both the pride of ownership and the pleasure of showing and driving. Now is the time to buy these great assets – as the stock market continues to decline, these secure investments will continue to increase in value. Rare and sought after models like the ones we offer will provide both years of enjoyment and a stable, if not profitable return.
Daniel J. Schmitt