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Cars and Transportation
Reply to "I am going to inherit a 1960s model mustang. Are they considered a collectible?"
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[quote=Anonymous]Look at bringatrailer.com to see what they are going for. That's a good measure of if there is a market. Generally I'd say yes there is. You may find it easier just to get rid of it then deal with the upkeep needed to keep it in the right condition. I have a collector's car and I keep it in a temperature controlled garage and the battery is plugged into a "tender" device to keep teh battery properly charged. Just find some local trustworthy car person to get it sorted, then put it up for sale. It's more about nostalgia. The cars aren't particularly easy or fun to drive compard to more modern cars, compared to advances in technology over the years. For example the 60s Mustangs maxed out at 335hp except for a few special editions. That's just not that much HP by today's standards. Today's base model Mustang for $27k has 310hp, and the top-end Shelby GT model has 760hp.[/quote]
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