I was on my way somewhere or other in the car the other day and ABC radio had a sports memorabilia expert and a car collector on discussing the investment value of exotic and historic vehicles....cars motorcycles and even pushies. The car bloke quoted an article he'd seen in the New York Times where, because of the uncertainty of the financial market, more and more people are investing in classic cars and motorcycles. He said that the crazy speculation that'd been seen with GTHO Falcons and Boss Mustangs in the USA had taught a lot of lessons and that people were now investing in mid priced classics. The New York Times piece had, over a 20 year period compared a $20k investment in the stock market, a classic vehicle or real estate and found that those who would have invested in a classic car or motorcycle had the best return for their investment. The sports memorabilia bloke went on to say that cars or motorcycles with documented celebrity ownership or even better a successful race history are bulletproof investments. So when you think that guys like Terry Good, David Bowden (race car collector) or even our Alan Jones are pissing their money against the wall, think again.
