Chris' view
More then a few!
This weeks good news!!
photo

      The average increase in collector car values from Feb,2004 to Feb,2008 was 36 percent. More then the S&P 500 index increase and the Dow Jones Industrial Average increase during the same time frame. This according to a report released by NADA vehicle price guides.The authors evaluated close to 27000 makes,models,years and segments of collector cars.   The company found that collector cars valued at over $125,000 appreciated at a higher average rate than vehicles in any other pricing category, an astounding 47 percent.

    Collector cars valued between $75,000 and $100,000 appreciated at the second highest rate of 45 percent,while vehicles valued between $25,000 and $50,000 appreciated at the third rate of 39 percent.

    This is all good news for the average Mustang guy that owns a 6 or 8 cylinder coupe and is having a hard time justifying the time and money it takes to restore one.

    On a side note that I have observed is that over the same time period the parts for our Mustangs have gotten much better in quality and the prices are the same if not lower.   www.mustangrestoration.net


2008-03-30 14:05:22 GMT
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