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Why You Can't Afford to Not Buy a Classic Car!

• https://www.lewrockwell.com, By Eric Peters

But if you're like most of us, you probably don't own one – because you've probbaly never been able to afford one.

Well, now you can.

At least, if you can afford a new car. Which, arguably, no one can.

New cars have passed several Event Horizons, the first and most obvious being their initial cost. The average price paid for a new car sailed past $35k for the first time last year. This is well-equipped Camry/Accord family car territory.

People routinely spend this much on minivans, pick-ups and crossover SUVs.

And more on modern muscle cars like Camaro, Mustang and Challenger.

Money in that ballpark could also buy you a classic car – a restored one, brought back to better-than-new mechanical and functional condition. Not necessarily an exotic – but a cool car, regardless.

Including a cool old family car. A classic station wagon, for instance. Or how about a grand land yacht from the '70s? It may not have air bags – a plus in my mind – but it has something better – lots of steel.

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