What Makes a Car Worth Investing in? Top 5 Barrett-Jackson Bids Paint the Picture
With auctions, like Barrett-Jackson or Mecum, we see just a couple of televised ...
With auctions, like Barrett-Jackson or Mecum, we see just a couple of televised events that can get us car enthusiasts all excited about something that just about anybody can do in purchasing a car. It’s pretty interesting to watch the cars go across the stage and see what they’re going to bring, maybe seeing if we can guess along the way. Some of the machines bring money that not many would think to be possible with their estimates but other machines could fall a little bit short of expectations, allowing some folks with deep pockets go home with a nice little steal to add to their collection.
With all of the values fluctuating up and down, it really leads one to wonder how exactly they could invest in a car that’s going to end up appreciating in value. After all, the automotive market is pretty tough to project and the vast majority of vehicles purchased will probably end up depreciating. However, with that said, it’s easy to see that there are certainly some places to invest money where there ends up being quite the sizable return in store. Those cars are tough to pick out but this time, we take a shot at figuring out just that formula.
By following along with the BigKleib34 video below, we end up getting the down and dirty about the top five most expensive machines that have ever been sold at the Barrett-Jackson auto auction. While going through their stories, it seems like most of these machines have one or two features in common, if not more. It looks like some of these features could be good indicators for those who are looking to put their money into the automotive industry as an investment. However, we definitely would classify this as one of the highest risk investments that one could possibly take part in.
Spend wisely, my friends.