Buying a car as an investment is in my opinion a losing deal. Unless you are buying a really high end car and have the proper facilities to keep it in its current condition or better, I would forget the investment idea. Too many things can happen. As anybody knows, public highways are a dangerous place. Will insurance pay to restore a bent fender to its pre-collision state on your 40 year old car? Likely not. Will insurance be costly? Most likely.
Keep in mind that the cars of the last 20 years or so will be near impossible to restore or maintain. Things like obsolete electronics failing, glued on plastic moldings aging and falling off, and other irreplaceable parts needing replacement will make those cars worthless as collectibles. They will simply be unrestorable.
If you want to invest in something that will more likely appreciate in value, I would suggest looking into collectible coins. They are always steadily on the rise in value. A car can be destroyed in a matter of seconds.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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