Hello Lefty,
Yes rare cars only go up in value if left in original state, are fully genuine with accompanying documentation and have little or none kms on them and not so much restored.
However, like the iconic Australian Gt Ho, there seems to be more and more good forgeries out there, so you have to have a good knowledge and keen eye to pick them out. These days, people are now even replicating protecto plates, and tank stickers etc because there id big bucks in these cars.
Whilst its great to say you have a numbers matching L89 or even L88, your then restricted to preserving the car, and not wanting to drive it to keep the kms down for future resale values.
It would be great to have that much money to do that, but unfortunately some of us don't.
So depending whether you want a paperweight in the garage or a car to drive all the time, then you need to consider the purpose before the purchase. Having gone through that with a genuine restored small block 69, i prefer these days to have a nice modified Vette.
Michael
Michael you put some good points here.
To me a collector car comes in 18:1 ratio .
I take my hat of to those who put the effort into to their vehicle to be a real show creditable vehicle.
I don't see the point of a vehicle that has no mileage and no intent to drive it anywhere.
That is an expensive garden nome to me.
As for cars as an investment .
I don't see it, there is much better ways of investment to make a quid.
A vehicle for investment takes up none payed time, and up keep to maintain the investment.
And for most people there is no tax deduction
A modified vehicle ,yes that's my world from mild to wild or some where in between.
Throw your money at you vehicle with no regrets ,then enjoy it.
Cars in the club range from nice to excellent
Of all those that I have seen none are standard as they left factory.
It's interesting to see, as our dollar is dropping
The vettes coming out for sale and the asking prices!
What is that old saying
Let the buyer beware
Bfit
