Last Updated on 9/3/2005 by bidz

Old cars driving investors’ interest

Journal Gazette | 08/28/2005 |
By Kara Hull

“Whether it’s the result of a flat stock market, baby boomers’ willingness to make big buys or just the timely return of a cyclical pattern, car experts agree that the collectible-car market this year is the strongest it has been in more than a decade.

Instead of relying on stocks for investing, experts say that cars are becoming a new tool for making some extra money and having a little fun, too.

…”Whether they’re 45 or 70, they’ve got a lot of money,” he said. “There’s just a lot of money circulating, and they’re buying toys.”

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