Moving Assets

Moving Assets
At many collectible car auctions, the vehicles can be visually inspected before bidding, but test drives or exhaustive inspections usually aren't allowed. Thomas Trompeter/Shutterstock
Bill Lindsey
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When the topic turns to investments, many people discuss stocks, bonds, and perhaps real estate. But what if there’s an asset languishing in Grandpa’s garage under a layer of dust that could fetch a six-figure price?

Some investors see vehicles as viable alternatives to traditional assets. Many specialize in vehicles in perfect shape from specific manufacturers or production years, and others simply seek a good deal, regardless of age or condition. As with most investments, one can make impressive profits or lose a significant amount of money.

Bill Lindsey
Bill Lindsey
Author
Bill Lindsey is an award-winning writer based in South Florida. He covers real estate, automobiles, timepieces, boats, and travel topics.
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