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The high prices drove enthusiasts away from the market, and cars passed from investor to investor with little or no profit gained. [18] The 1980s boom was followed by 1990s bust, and the values of classic cars plummeted, causing most owners to lose considerable portions of their investment portfolio values. [33]
Barrett-Jackson is an American collector car auction company headquartered in Scottsdale, Arizona. It was founded by Scottsdale business partners Tom Barrett and Russ Jackson. They initially launched a car show, Fiesta de los Autos Elegantes, in 1967 to raise money for local facilities.
Classic car. A classic car is typically an automobile 25 years or older; however, definitions vary. [note 1] A common theme is that of an older car of historical interest is collectible and tends to be restored rather than scrapped, though sometimes age is not a factor. Classic cars are often considered a subset of a broader category of ...
Excalibur (automobile) The Excalibur automobile is a car styled after the 1928 Mercedes-Benz SSK by Brooks Stevens for Studebaker. Stevens subsequently formed a company to manufacture and market the cars, which were a standard Studebaker car with special bodywork (and soon got an upgraded engine as well). [1]
Ferrari 288 GTO. Rear view of 1962 Ferrari 250 GTO (chassis 3451GT) The Ferrari 250 GTO is a grand tourer produced by Ferrari from 1962 to 1964 for homologation into the FIA 's Group 3 Grand Touring Car category. It was powered by Ferrari's Tipo 168/62 Colombo V12 engine. The "250" in its name denotes the displacement in cubic centimeters of ...
The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.
Auburn Automobile Company. Auburn was a brand name of American automobiles produced from 1900 to 1937, most known for the Auburn Speedster models it produced, which were fast, good-looking and expensive. However, after the 1929 Wall Street Crash, and the economic downturn that ensued, Auburn's expensive automobiles, along with its also very ...
Ford Model 18. The Ford Model A (also colloquially called the A-Model Ford or the A, and A-bone among hot rodders and customizers) [6] is the Ford Motor Company 's second market success, replacing the venerable Model T which had been produced for 18 years. It was first produced on October 20, 1927, but not introduced until December 2. [7]
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