[DeTomaso] NPC Should we purchase vintage cars for ourinvestment portfolio?

[Larry - Ohio Time]

Bill,

I had a conversation with the director of the Cleveland auto museum who told
me they are selling off some of the 20-30's cars before the value drops too
much.

What are they looking at buying?? Hold on...80's type cars, Pacers, station
wagons, K-cars. "We need to get them before they are all gone. They are the
cars the young people will want to see". EEEKKKK!!!

Larry (the worlds a chagein) - Cleveland


-----Original Message-----
From: DeTomaso [mailto:detomaso-bounces at poca.com] On Behalf Of Bill Lewis
Sent: Wednesday, August 26, 2015 10:42 AM
To: John Taphorn; De Tomaso List
Subject: Re: [DeTomaso] Should we purchase vintage cars for ourinvestment
portfolio?

Interesting.  I suppose it comes under the:  ".who studies the most has the
best chance for appreciation."  ////  How does the guy do on the TV show
where he searches/finds/buys hidden collector cars?   ////  And, I'm always
amazed at folks buying cars like a 57 Chevrolet 210 for big bucks.  Man,
they were undesirables way back then.   ////  And, up pops the problem of so
many car/vehicle owners and clubs are tending toward the gray-haired,
long-in-the-tooth types.  Ever looked at a Harley rider lately (uh, Ma'am,
don't raise your t-shirt!).  ////  Did I just read lately that the original
cars from the 30's on back were slipping in value - interest is slipping?
////  But.BUT, buy what you love - can't go wrong there!  Probably not too
many gull-wings in heaven!    ---BILL Lewis

________________________________________
From: DeTomaso <detomaso-bounces at poca.com> on behalf of John Taphorn
<jtaphorn at kingwoodcable.com>
Sent: Monday, August 17, 2015 11:03 PM
To: De Tomaso List
Subject: [DeTomaso] Should we purchase vintage cars for our investment
portfolio?

This Bloomberg story greeted me at my office this morning. Here is one
person's opinion on vintage cars as an investment.  Would you agree?

http://www.fa-mag.com/news/why-a-classic-car-is--almost--never-a-good-invest
ment-22791.html?utm_source=PW+Subscribers&utm_campaign=f7ee052d6d-PWN_PW+New
s_081715&utm_medium=email&utm_term=0_1899ce8517-f7ee052d6d-232404493

JT

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