30 Nov '17, 5pm

Wheels of Fortune: Vehicles That Are the Best Investments Today

Wheels of Fortune: Vehicles That Are the Best Investments Today

The collector-car world was on edge this summer, and with good reason. After an incredible upward price run that started in the mid-1990s and peaked in 2014, the market for European sports and GT cars had seen values drop by 20 to 30 percent over the past 2 years. Prices for muscle cars and other American offerings, meanwhile, had been creeping upward for about 5 years—but only after a crash of at least 50 percent during the Great Recession. Given the volatility in these and other categories, collectors were eager to see what this past summer’s Monterey Car Week would hold. Every August, aficionados from around the globe congregate on the picturesque Monterey Peninsula in Northern California for events such as the Pebble Beach Concours d’Elegance, Rolex Monterey Motorsports Reunion, Quail: A Motorsports Gathering, and more. Since 2012, however, those featured events have p...

Full article: http://robbreport.com/motors/cars/vehicles-best-investmen...

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