NASCARCorvette No. 211

$170 Million Spent on Collector Cars...

The love affair is still hot as car collectors spent over $170 million in January 2009 on collector cars at ten public collector car auctions. This all goes against the grain when you listen to the news about the US economy but at least owning a collector car rewards the owner with something tangible that other investments lack. The media pundit's "doom and gloom" forecast was over shadowed by the car collector's passion and enthusiasm which shows our hobby's resiliency and in many cases an opportunity, where as, one may have the chance to buy a rare car today that may not ever present itself to the market again, at least not in the short term.

note: The beautiful weather in Arizona and Florida may have had something to do with the excellent results previously described.

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Tags: Corvette Buying 101