Love is in the air and Valentines day is upon us. This time on Ask Rick, we dive into a subject we love …. and that is (potentially) buying more old gasoline powered classic cars. Rick recently attended the Kissimmee Mecum auction with good intentions of bidding on a few examples. He remarked that the prices were huge and the numbers blew right past what he planned on and kept skyrocketing. In previous episodes Rick said he believes that gas powered collectible cars will go up in value as new options start to dwindle being replaced by silent electric offerings. This has reinforced his premonition and gives hope to those of us looking to a future where we can still drive our classics. It will take a very long time to convert the whole country to an all electric paradigm and he believes that gasoline will be available to drive our petro powered pavement pounders. One drawback to the high auction prices that Rick mentioned was that he needs to revalue the insurance on all of his cars!
Last month we talked about Rick’s trip to the MCACN Show (Muscle Car and Corvette Nationals) in Rosemont, IL (Chicago area) this past November. He found a car there that caught his eye and he started looking into obtaining the vehicle. This looks like it is going to be an ongoing story as both Rick and the owner are being very reserved and simply enjoying the process of negotiating a deal, or not. He did cover some of the details of an upcoming meeting but we will just have to wait to see what the outcome of this will be.
This interview sponsored by our pals at National Parts Depot – your premier source for muscle car restoration parts!