Classic car prices are shocking even the most jaded classic car owners
Image: Bill McChesney, 2010
When you talk to classic car owners, you inevitably get around to the big question that everyone wants to ask – the elephant in the room, if you will – “exactly how much is this bad boy worth anyways?”. And it’s also likely that in years past you would have almost always disbelieved the tremendously large numbers that classic car owners throughout, if only because it seems unreasonable to imagine that vehicles 30, 40, or even 50 years or older could be worth so much money. Classic car owners are no longer being met with that kind of skepticism. Classic car values have been absolutely skyrocketing over the last few years, turning the classic car world on its head as more and more business people and investors jump into the fray to purchase some of the rarest vintage vehicles in hopes of increasing their investment. And this has made a number of different waves all throughout the classic car world, as classic car collectors that love these vintage vehicles find themselves fighting with businesspeople that care little for the history of the car – but just want to boost their return on investment.
Classic car owners are no longer being met with that kind of skepticism.