How to turn your passion for cars into a profit

Few things in this world are useful, glamorous and a potential investment at the same time, so it’s no surprise that the global classic-car market is booming. But not all old bangers have the same money- making promise and buyers need to know their stuff.

Few things in this world are useful, glamorous and a potential investment at the same time, so it's no surprise that the global classic-car market is booming. "There's a lot of people buying collector cars now, especially 30 to 45-year-olds," says specialist auctioneer Dean Kruse in the Chicago Tribune.

Not all old bangers have the same money- making promise and buyers need to know their stuff. First comes the question of definitions. Classic car' is a rather misleading term it can simply mean the vehicle is at least 15 years old, not that the motoring community considers it a classic design.

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