Daily Archives: January 10, 2009

Americans Growth To Like Old Cars

Old_carImagine millions of Americans owning antique cars. A 1966 Ford Fairlane is worth almost $140,000. A 2001 Chrysler Prowler $40,000.

Consumers are keeping their vehicles much longer because they cannot afford to buy new ones. If they hold them much longer, they may become so ancient that they qualify to become collectibles. If people have lost the equity in their homes, perhaps they can get it back from the value of their vintage cars.

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