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"one off" car.

There are lots of stories about people who have found and purchased rare and valuable classic cars for very little money. Most of them are fairy-tales. One of my favorites is the little old lady who sold her son's Corvette split rear window coupe for $500. Supposedly her son was killed in the Viet Nam war and she eventually tired of storing the car and was lucky enough to find a buyer. Just a couple of days ago, a lady friend of mine told me a story about a man who had recently purchased an acerage in Portugal. There was a metal barn on the property and the doors had been welded shut. When the new owner opened the doors with a cutting torch and grinders, he discovered a collection of very rare cars valued at thirty five million dollars. I told my friend that I did not beleive the story, and just last evening she sent me an e-mail with pictures of the barn and the cars but there was one major discrepancy. The real owner of the cars had finally un-sealed the barn and is selling all of his cars for thirty five million. There are still some real "barn finds" out there, but in most cases, the owner will know what their car is worth.

It is my opinion that the quickest and easiest way to make money buying and selling a classic car is to buy a car that is original or has already been restored. There are several factors that will cause a classic car owner to sell his or her car. Loss of interest, illness, lack of funds, and divorce. While these are unfortunate circumstances for the seller, they are real and in many cases a car can be purchased for much less than the seller has invested in the car.

In conclusion, if you have the knowledge and the money to invest, there is money to be made in the classic car business. Test the waters before you jump in head first and you should have fun and make a few bucks.

Learn more about this author, Douglas Samuelson.
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