Car Collectors Do It for Love, Money
“For love or money” may be a phrase as old as capitalism, but it acutely applies to the resurgent collector car market, where record-breaking valuations have fueled a hobby best known as a labor of love. “Our bidder registrations are up 20 percent this year,” said Donnie Gould, president of Auctions America. “In years past, we saw a 5 percent gain. There’s an increase in new people enjoying the hobby. With volatility in the stock...
