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Collector Cars Flex Muscle VS Markets
The classic car market is on fire, fueled by sales of tire-smoking American muscle cars from the '60s and '70s. Some buyers, such as Greg Schmidt, 53, of Yorba Linda, Calif., are feeding nostalgia. In June, he bought a 1969 Chevrolet Camaro, somethi ...
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Hail The King Of Car Auctions
It won't be new. It will be a battle. And it could set you back a million dollars. Or more. "Look," the car auction kingpin barks. "A pricey golf membership can cost a few hundred thousand. You chase around a stupid white ball, and what's your retur ...
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Record Year for High Priced Cars
Thanks to a surge in global wealth, the prices for collectible cars reached new heights in 2007 For the first time ever, there are two current-model cars with price tags of more than $1 million. To be sure, these are limited editions and get lousy ...
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New Fowlers Car Auctions Articles...
Image SUVs and Trucks Plunge in Trade In Value
The market for new SUVs and trucks is suffering. Just imagine how bad it is for used SUVs and trucks Add your pickup truck or SUV to the list of things like your stock portfolio, your 401K, and your house that aren't worth what they were just a few ...
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Image GM Opens Used Car Review
Only One Roster Shop Invited To Pitch Potential $75 Mil Account General Motors Corp. is reviewing a select list of agencies for a certified used-car account that could grow to billings of $75 million over the next few years. In an unusual move fo ...
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Image Hot Wheels Classic Cars
The classic-car market is on fire, thanks mostly to nostalgic baby boomers with plenty of cash In 1991, shallow pockets forced Bill Wiemann to sell his 12 muscle cars. He got $200,000 for a collection that included a '69 Plymouth 6-Pack Road Runner ...
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Image Repo Lots Overflow With Reclaimed Cars
Car and truck repossessions this year are headed for the highest level in at least a decade, thanks to easy credit and a faltering economy, says an economist for one of the largest wholesale auto auction services. So many vehicles are being snatched ...
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Image Grace Forged In Steel
An auction at the Waldorf-Astoria for high-rollers and overgrown boys The Set-Up The producers of the second annual New York Auto Salon and Auction, RM Auctions of Ypsilanti, Mich., and Premier Resource Group of Woodbridge, Conn., staged the event ...
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Image Online Car Auctions Would You Buy A Used Car From This Website
It's auction day at the National Auto Dealers Exchange (NADE) in Bordentown, N.J. Each Wednesday, some 5,000 used cars go on the block. Car dealers stream in and out of a vast 18-lane auction area. They wear jeans, leather, turbans; they speak Englis ...
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Image Searching for New Thrills in Old Wheels
Investors wary of stocks are taking the collectible-car market out for a spin AMERICANS WHO ARE FED up with the stock market's volatility are turning to an investment that seems to promise a smoother ride: collectible cars. According to a study by ...
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