Month: October 2013
Morgan Korn over at Yahoo! Finance wrote up a great piece (with video) on how classic cars have become one of the best alternative investments on the market. Check out Morgan’s article. Makes me wish I had enough dough to run out and buy a few of my own. If I did, my first purchase would probably be a vintage ’70 Nissan Skyline GT-R or a ’72 BMW 2002. On the American side, I’d shoot for a stock ’65 Ford Mustang 289 V8 hardtop in black. For now I’ll just stick to writing about them.
I was one lucky kid growing up. My father was in the auto body business and loved to change up his car every couple years. He restored a ’55 and ’57 Thunderbird, a ’65 Mustang convertible and a ’64 Plymouth Valiant Signet Convertible to name a few. My own first car was a ’70 Barracuda 318! (would kill to have that one back) We also have a great collection of model cars from kit makers all around the world. That was my real baptism into classic cars. The collection had me learning names like Fiat F2, Lancia Stratos, Renault Alpine, Ferrari 275, Nissan Skyline and Porsche 935 long before my buddies started playing Gran Turismo on their Sony Playstations. I’m glad to have been able to learn of all the legendary imports at an early age…not to mention the countless American muscle classics. I’m still so curious about so many cars. I know this blog will keep my spark hot. This is my way of giving my Dad a big thanks in the early stages of my work here at Classic Fast. He is the one that got me started. Thanks for reading y’all!
Let’s go back to the 50’s today huh? We can take a look at so many rides that fit the bill of a true classic but I’d like to look at one that is on the rise with collectors around the world. The BMW 507. It was BMW’s american influenced beauty that stuck a 160-HP V8 down into an all aluminum (yet very heavy) body. Despite it’s stunning looks the car never took off in America, mostly due to it’s price tag of over $9,000. It later became BMW’s inspiration for the Z8. Elvis Presley once owned one of these cars and swapped out the engine for a Ford Windsor 289 V8. These cars now fetch close to $900,000 at auction but I think that’s not it’s ceiling yet.
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You can go on and on about 1965. What was new that year? Not much…just the Chevy Caprice…the birth of the Mustang (and Shelby Mustang). Really? One that gets a bit lost in that huge year for automotive history is the 1965 Buick Riviera GS. The Super Wildcat Dual Quad 425 CI engine put out 360 HP and had power everything. Talk about a nice car all around? At all angles this thing is amazing. One of the gripes is that the interior is a bit sleepy. More comfort that sport. They are out there and can be had for around $45-50k. Just classic.