If you can dream it... you can drive it!
Why Paying Cash for a Classic Car may not be the best Choice
Most buyers today have no idea what types of financing options are available to them. Every “cash buyer” can benefit from using financing to purchase a better quality restoration providing them with a car that will be easier to sell, and worth more money. With collector cars appreciating at an average of more than 9% a year, it is easy to see how financing can become a tool to help you purchase a better quality vehicle and earn a higher return on your investment.
Latest from CNBC:
Classic cars outperform global stocks
If investors feel a little worn out by the rock-and-roll ride in financial markets, then "passion" investments like classic cars and fine art may be worth a second look.The value of classic cars increased by 40 percent in 2014 on the previous year and by nearly 400 percent when compared with 2005, according to an index published by U.K. private bank Coutts on Tuesday. READ MORE