Cash is king and with the fed devaluing our dollar with QE-4 it takes a lot more dollars to play in the car hobby. There are hundreds of thousands of cars for sale that never get sold. The cash is not there.
I always like comparing the classic car market and owning these cars to the game of musical chairs, when the music stops you want to have a place to sit down. As in the financial point of veiw of it.
Owning, working on, driving, and showing off theses cars is a whole other enjoyable experience all on its own.
Feel fortunate to have had experienced some of these cars over a lifetime.
The cars all have a value to them, as I still consider them assets that you can see, feel, touch and hear. Unlike stocks in the stock market that can lose value by someone's paper shuffling never to be gained back again.
