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 - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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