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Went to a Mecum auction in Monterey in 2013 and then hopped over to the Pebble Beach Concours d'Elegance. Even if you don't bid/buy anything, if you are a car but I'd recommend at least one trip to one of these. Tons of fun just being a spectator.Are you going this year? I'm considering it (never been). I'd seriously need to not bring any cash.
tree fiddywhat was the winning bid on this one?
deduct from that $69,775, about $28,000 in inflation (purchasing power) losses, and then state and federal income taxes (varies of course) and a different picture will emerge. One may have more scoots (USD fiat) but may not have gained in purchasing power from the original currency.$3500 for 50 years at 6%. $69,775. No maintenance, no storage, no insurance.
I say no to auctions are a good deal.I too have been wanting to go to one of these auctions. Kissimmee seems like the best option.