Classic Muscle Cars Make Best Investments
By Dave Ashton
Anybody attached to the hobby of muscle cars has seen their prices slowly rise over the last few years. Vehicles with the rarest options fetch the highest prices. With some of the rarest easily hitting $1 million or more. Because of these price increases baby boomers and investors are looking at these vehicles more closely as great investment pieces.
According to Hagerty 3,489 vehicles and a total of nearly $260 million from the various top auction houses, with a market for American muscle cars steadily rising each year. Auction houses such as Mecum, Barrett-Jackson, RM Sothebys, Gooding & Company and Bonhams regularly feature some of the rarest muscle cars on the planet.
Vehicles from the late 60s and early 70s with our options continue to increase in value, but even 1980s and 90s examples are slowly increasing in value. Fox body Mustangs, a Buick GNX and similar are becoming increasingly more rare and sought-after.
Automotive Expert Lauren Fix gives you some tips here on classics worth investing in with some possible examples to look for.
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