February, 2009

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$170 Million Spent on Collector Cars…

Friday, February 6th, 2009

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.

email comment to terry@proteamcorvette.com

Collector Corvettes: What Differentiates the Collector Car…

Friday, February 6th, 2009

from toy, driver, or used car? In the current issue of Classic Cars, the people at Bloomington Gold tackle this question and in the process has delivered the quintessential handbook for evaluating your needs and want when buying a classic Corvette. It gives you questions to ask and the answer you should expect. Not sure what you’re looking for? This article wades into those hostile waters too. Click here to read the article in its entirety.

For more information on Bloomington Gold. Visit their website at: BloomingtonGold.com