People who love money own and drive classic cars

Tough question. Notwithstanding the pleasure and joy one gets from owning, driving and working on a classic car, you wanted to focus on finances. I will agree that there are a lot of financial advantages. Annual taxes and registration here are very low. Insurance (Grundy) is very low. I think I pay $225 a year, but there are some restrictions. For the most part, it is probably cheaper to repair a classic car. Considering parts, a new carb, for example, costs far less than some of the sensors, catalytic converters electronic modules, etc. on modern cars. Labor is a different matter. If you have to pay someone to work on your classic car, it may be expansive, but probably no more so than labor on a modern car. On the other hand, if you can do your own work labor is zero. So regardless, if you add parts and labor together, classic car work is probably cheaper than on modern cars. Cost per mile driven is probably much higher than on a modern car. Many of us use high octane fuel. Most of us probably change oil at less than the 7500 (or so) mile interval for modern cars. Plus, we probably all spend money on upgrades and doo dads here and there that we do not do for the daily driver. Plus, my 69 340 (360 HP) 4 speed Barracuda gets about 10 MPG in town and about 15-16 on the highway. Overall, it may be a wash. BUT, we don't own classic cars because we are concerned about whether this or that costs a little more or less than with a modern car.