The New Year has arrived and Original Parts Group, Inc. (OPGI) would like to wish all of our customers a Happy New Year! It looks like 2017 will be a very good year for the classic car restoration industry and hobby. The recent proliferation of so many new classic car events, auctions, TV shows, along with rising classic car values, all show that America’s love affair with classic automobiles has not waned. (more…)
Most people are aware that buying, selling, restoring and simply enjoying classic cars have become very popular activities in the U.S. today. Beyond the obvious emotional appeal of classic iron, there is also the potential of monetary reward when making the old new again, especially if you choose the right car. Muscle cars, sports cars and the most popular classics have been enjoying steadily rising values, a fact that has been underscored by the record-setting prices that auto auction houses…
Based on the history of private sales and auctions, there has been a recent upturn in the market for classic American cars despite the fact that prices in the overall collectible car market peaked back in early 2008 or late 2007. Although the prices of domestic classics and muscle cars did cool off a bit along with simultaneous downturns in the U.S. real estate market, it appears the prices of collectible cars have stabilized and even climbed slightly as the…
