A very interesting radio broadcast

[Garibaldi]

If you like classic cars, this is a very interesting radio clip:
http://www.npr.org/templates/story/story.php?storyId=4971005
It is a report on how the classic car hobby is just exploding in interest and value now, and how investers are choosing classic cars to invest in over stocks, because of their increase in value and they’re much more fun to own. A great soundbite! thumbsup.gif icon_cheesygrin.gif jumpy.gif

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[montefrazer]

We’re back to where we were in the late 80’s. Same thing happened then. Collector car prices dropped after the speculaters ran the prices up and left the market with their profits. Lots of people got stuck with “Investment” Muscle Cars that they over paid to get. w00t.gif It took years for for the hobby to recover. Hope this isn’t a repeat of those times.

[Garibaldi]

Hopefully not. At least now we have a large majority of people actually interested in the cars, not just money, so I think this’ll be different

[Author]

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