Kyle,
Although most vehicles you buy are a depreciating asset and some of what you say is true; most collectors don’t do it to make a pile of money. It is because we love what we do. The good news about the soft market is it allows those who have been sitting on the sidelines to get into the game. The same thing could be said of coins, stamps and other less exciting hobbies. The difference is when you sit in the seat and crank over the engine. No other hobby I’ve experienced offers that kind of excitement.
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Kyle,
Although most vehicles you buy are a depreciating asset and some of what you say is true; most collectors don’t do it to make a pile of money. It is because we love what we do. The good news about the soft market is it allows those who have been sitting on the sidelines to get into the game. The same thing could be said of coins, stamps and other less exciting hobbies. The difference is when you sit in the seat and crank over the engine. No other hobby I’ve experienced offers that kind of excitement.
Interesting article indeed!