Corvette Flag
How To Make Money Investing In Muscle Cars
I have written a lot of articles on this subject, and I know if you have a bit of money to spend, you can make pretty good money on classic cars, my specialty is muscle cars, so that is what I will discuss in this article, I know them, and I know them well.
After twenty years of studying on the subject you learn a few things about them, the obvious thing is that if your a car freak, you can have a lot of fun making your money, it doesn't have to be like work, I would suggest that at the first you specialize in one type of muscle car.
Choose your favorite muscle car, and learn all you can about it, buy every book that you can find, they created special versions of almost every muscle car ever built, and these are the ones that you can truly make the good money off of, they won't be east to find, but it will be worth the hunt.
You need to make yourself an expert on the muscle car that you specialize in, yes you can expand later and begin to learn about different muscle cars, or classic cars, like I have specialized in the first generation camaro, and the second generation corvette.
Have you ever heard the term by the numbers, that is what you need to learn if you want to make money investing in muscle cars, learn the numbers, you cannot know to much about how they work, with a Chevrolet you have vin tags, casting numbers on the engine, and the transmission.
You also have a protect-o-plate if it's still with the car, not to mention a date code, and RPO code, a rear end code, and that should about cover all of the codes, these all must match the vin tag on the car, if they all match then you can bet that you have the real thing.
The biggest mistake that people make is that they get excited, and when part of the numbers don't match, they just blow it off because the car looks good, doing this will lose you money when you go to sell the car if you ever do, and if you keep it an an investment it won't be worth as much.
On a Chevrolet the one number that is easy to change to you best rip off art work, is the ROP code, the pad that the RPO code sits on can be machined off and re-stamped to match anything the thief wants, but that is why the other numbers are there, it won't match the casting number in this case.
If you find a car that the RPO code, and the casting number don't match, please do yourself a favor, and don't second guess the numbers, the numbers don't lie, they are always right, and if they don't match it should throw up a red flag the size of Texas.
This is a good place to start, if you keep in mind that you should never second guess the numbers, you'll always do well investing in classic cars, learn the numbers like the back of your hand, know everything you can about them, and you do very well in this venture.
About the Author
I've been in the automotive business for about 20 or 25 years, I have worked in all facets of the industry, from parts to restoration, all different makes and models, I just want to keep people interested in the old cars because it's where my heart is.
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