Omaha, NE (PRWEB) May 11, 2008 -- CollectorCarNet.com, the premier online resource for car collectors and enthusiasts nationwide, offers an array of news, information, practical advice, entertainment, and the most comprehensive databases of classic and antique car sales and inventories in the marketplace.
To get the real lowdown on classic car values, many investors and classic car sellers turn to CollectorcarNet.com. An example of this is the 1969 Chevy Camaro that in a recent auction sold for $231,000 dollars. (www.collectorcarnet.com/enjoying.do)
The 1969 Chevrolet Camaro, nicknamed "the hugger," was targeted toward the American teenager. In 1969 General Motors produced 243,095 of them at a selling price of around $3,000 dollars.
The Camaro's classic car value has increased 76 times in 39 years since its introduction. Recently, a Ferrari once owned by a Saudi Price sold for $122,100 at auction. At the same auction a 1969 Camaro beat this selling price by $108,900, to sell for $231,000. Classic car prices tend to increase as time goes on because of a variety of factors that change as market conditions change.
Based on today's economy, what other investment can you make an ROI of 76 times your original investment or a whopping 7600% and enjoy your investment as well.
"Lots of people owned a 1969 Chevy Camaro at school or as a teenager," says Diane Richardson, CEO. "General Motors, celebrating its 100th year anniversary, is reinventing the Camaro for 2009. The 2009 Camaro is based on the 1969 Camaro but with updated features and a higher price tag. In 1969 the car sold for under $3,000 dollars, while in 2009 it may approach $30,000 dollars." (http://www.leftlanenews.com/official-general-motors-will-build-2009-chevrolet-camaro.html )
The only way to really keep on top of classic car prices is to subscribe to a reputable company that tracks these recent auctions and helps value your classic car investment or soon-to-be investment. CollectorCarNet.com does exactly that plus offers personalized email service to keep you informed of when key classic and antique cars become available. (www.collectorcarnet.com/databases.do )
CollectorCarNet.com helps you find new ways to enjoy your collector car - and even increase its value. For general inquiries email info@collectorcarnet.com.
About CollectorCar.Net (www.collectorcarnet.com/aboutUS.do )
Incorporated in Nebraska on 2007, CollectorCarNet.com is the premier online resource for car collectors and enthusiasts nationwide. They offer an array of news, information, practical advice, entertainment, and the most comprehensive databases of car sales and inventories in the marketplace. A membership in Collectorcar.net provides car collectors, dealers, auction houses, and industry businesses a comprehensive overview of true market results, accurate market analysis, and networking capabilities that allows for instant communication on a global basis.
Additional CollectorCarNet.com's services include:
- Personalized Email Notification Service for instant notification when key cars become available.
- A monthly newsletter featuring the latest news, information and entertainment from CollectorCarNet.com and the collectible car industry.
- Cutting edge news and editorial to keep you on top of this exciting and fast paced industry.
- Market Watch Reports for up-to-date market trends, fluctuating valuations and analysis of what sells and what impacts prices
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