Classic Cars, Value, and the Reality Check
What really makes a car a classic—and is it an investment or just nostalgia with a price tag? In this episode of https://Drive-Radio.com: The Extra Mile, John Rush pulls listeners inside the real world of classic, muscle, vintage, and limited-production cars, cutting through auction hype and emotional buying. Why do some cars skyrocket in value while others quietly fade? And why do beautifully restored vehicles sometimes sell for less than worn-in originals?
Using real examples from high-profile auctions to everyday barn finds, John explains how supply and demand, buyer demographics, documentation, and originality drive prices. He breaks down “numbers-matching” cars, clone builds, and why repainting or over-restoring a vehicle can actually hurt its value. Are auctions designed to help you buy smart—or push you to overpay? And how do you avoid getting upside down on a dream car?
The episode also tackles inheritance scenarios, financing classic cars, and why banks often view classics as lower-risk than daily drivers. John shares practical advice on spotting problem cars fast, knowing when to walk away, and when emotion is okay—and when it absolutely isn’t. Whether you’re chasing a dream car, sitting on a family heirloom, or just fascinated by the collector market, this hour delivers a candid, insider look at how classic cars really work.