Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Have classic car prices suffered because of the worldwide economic woes?

0
Posted

Have classic car prices suffered because of the worldwide economic woes?

0

–E.N., Chicago A. Prices have fallen for marginal-condition collectible autos. Those in really good shape — and “original” desirable cars that haven’t been restored — continue to command high prices, judging by amounts paid at major collectible auto auctions, which generally set price levels for such cars. For instance, a 1963 Gulf Oil Chevrolet Corvette Z06 sold last month for $1.1 million at Illinois-based Mecum Auction Co.’s Florida collector car auction. That auction’s sales of 750 cars totaled $16.5 million, up from $15.2 million last year, Mecum Auction said. Q. I’ve long heard you’re supposed to use a car’s air conditioning during warm-weather driving and not lower a car’s windows for the best fuel economy because lowering windows increases aerodynamic drag that hurts economy. But I recently heard you use less fuel by shutting off the air conditioning and lowering the windows! That’s what our family did on hot days when I was a kid in the 1950s and auto air conditioning wasn’

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123