Classic Cars Recession Proof Investment

With the state of the stock market, real estate, mortgage industry and financial institutions in a state of flux, where do you invest? Believe it or not, Classic Cars. Over the past years the value of Classic Cars has increased considerably.
By: Phyllis Shelton - iPower Global Solutions
March 19, 2010 - PRLog -- March 19, 2010 Bronx, NY - With the economy making a slow rebound, everyone is more than cautious about investing money.  

With the state of the stock market, real estate, mortgage industry and financial institutions in a state of flux, where do you invest?  Believe it or not, Classic Cars.  Over the past years the value of Classic Cars has increased considerably.  

Identifying a GOOD investment one should always consider the old. In days gone by, manufacturers used better materials like metal and rubber.  Owning a classic car proves that older last longer and appreciates in value. Most new cars depreciate quickly.

On Saturday March 20, 2010 you can travel back in time. This is a rare opportunity to see some rare vintage classic cars in the Bronx.  Sponsored by New York City's premiere classic car dealer, 1st Noel Classic Car Auction will have many cars up for bid at 3766 Boston Road, Bronx, New York.  This being a very rare auction in the Bronx, you will want to get there early at 10:00AM to preview cars from yester year. The auction starts at 12:00 noon.

The New Bronx Chamber of Commerce President, Leonard Caro states “It’s amazing to see such an array of classic cars right here in the Bronx, the New Bronx Chamber wishes 1st Noel continued success.”  Mr. Caro will be participating in the 1st Noel Classic car auction. The New Bronx Chamber promotes business and opportunity within the borough of the Bronx.  The Chamber helps connect today’s businesses to a more profitable and successful tomorrow.

As a young adult, 1st Noel Classic Car Auction CEO and Founder, Noel R. Reid exhibited a passion for Classic Cars. With only two hundred dollars to invest, Noel purchased his first classic car and the rest was history.   1st Noel Auction is well known for being the premiere Classic Car Auction Company in the Tri-state area.

There’s something for everyone:  fascinating automobilia, newer and vintage sports cars for race or street, muscle cars, hot rods, restored pickups, customs, and limited editions.  Most are “show ready” to be driven, displayed, or preserved in private collections.  Award winning collector Funkmaster Flex is scheduled to make a special guest appearance.

Collection includes:  

• 2003 Harley Davidson "Road King" 100th Anniversary Edition, Limited Production
• Porsche 911 American Roadster 1992 Model Year Edition, Built to Celebrate 40 Years of Porsche Convertibles.
• 1988 Corvette 35th Anniversary Edition, 1 of 180 produced with 4+3 manual transmission
• 1969 Plymouth Road Runner "FUNKMASTER FLEX" 383 Engine, Automatic, presently        personally owned by FunkMaster Flex.  This car appeared with Flex on his show "Ride with
FunkMaster Flex!"

You should attend this event if?
1.  You are a Classic Car Aficionado
2.  You ever owned or dreamed of owning a Classic Car
3.  You have a love for or are just curious about cars. You don't have to be a registered bidder to participate in this unique experience.  Hundreds are expected to show up to take part in this event.

About 1st Noel Auction:
1st Noel provides a quality inventory of classic cars. Our goal is to select the best values for our customers.  Investing in classic automobiles requires the expertise we provide while advising and serving your best interest.  1ST Noel Auction is located at 3766 Boston Road -Bronx NY 10469 718-324-9902 email:

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Source:Phyllis Shelton - iPower Global Solutions
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Tags:Collectibles, Classic Cars, Classic, Auction, Cars, Ecomony, Investment, Vintage, Automobiles, Sale
Industry:Sports, Lifestyle, Event
Location:Bronx - New York - United States
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