I went to high school in the late '70's. I'd bet that the present day value of the 20 or so, more desirable cars in the school parking lot at that time would be well over $250,000. Even in the decade old, unrestored, distressed condition they were in back then. Most of the kids had purchased them for somewhere between $1000 and $1500
An increase in value of almost tenfold. It might lead one to believe that muscle cars are a good investment. They're not: http://goldengeesenews.blogspot.com/2014/03/the-collector-car-game-if-youre-in-it.html
I went to high school in the late '70's. I'd bet that the present day value of the 20 or so, more desirable cars in the school parking lot at that time would be well over $250,000. Even in the decade old, unrestored, distressed condition they were in back then. Most of the kids had purchased them for somewhere between $1000 and $1500
ReplyDeleteAn increase in value of almost tenfold. It might lead one to believe that muscle cars are a good investment. They're not: http://goldengeesenews.blogspot.com/2014/03/the-collector-car-game-if-youre-in-it.html