These 5 Collector Cars Have Seen Big Value Spikes in the Past Year

Summer is here and if you’re looking for a collector car to enjoy it in, these classics are begging for your attention.

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10 Future Collector Cars That Are Affordable Now

You never know which cars are going to be classics; the vehicles that turn up at car shows usually have a mix of sentiment and rarity.

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Lamborghini Reventon Expected to Sell for Over 1M

Staggeringly expensive, one of only 20 Lamborghini Reventóns will be auctioned this summer in the U.K. with an expected selling price of at least €1 million.

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Camaro SS Convertible Indy 500 Pace Car Sells for $225,000 at Barrett-Jackson

In a somewhat rare occurrence these days, publicity hungry General Motors, actually surprised everybody by unveiling a new Chevrolet Camaro SS Convertible Indianapolis Pace Car at Barrett-Jackson’s Westworld Auction in Scottsdale, Arizona last week.

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Tim Allen's One-Off Saleen Mustang RRR 'Capser' Turns Up for Sale

Back in 1993, Steve Saleen built a one-off Foxbody Ford Mustang for comedian and car guy Tim Allen. Dubbed the RRR ‘Casper’ it sported pearl white paint, MN12 Thunderbird front light assemblies, some trick wheels, a built driveline (including  a 576 horsepower 302 V8) and a six-point roll cage among other things.

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Kruse Gets Auction License Revoked in Home State

Kruse Inc., recognized as one of the pioneers in the field of collector and special interest car auctions, has had its licenses revoked in its home state. The Indiana Auctioneer Commission, recently ruled to take away both Kruse’s auctions that have allowed it to operate in the Hoosier state. To add further insult to injury, the auction house will not be able to re-apply for new licenses for at least another seven years.

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U.S. Senate Declares July 9th Collector Car Appreciation Day

Auto enthusiasts and the government have a tenuous relationship at best. Whether its anti-speeding laws, legislation restricting vehicle mods or mandating the dreaded “smog tests” that usually take beloved older vehicles off the road. Fortunately, the government sometimes lends a hand to enthusiasts of older cars, by giving them protection under the “Historic Vehicle” category, or more symbolic measures, like the U.S. Senate’s declaration of July 9th as “Collector Car Appreciation Day.” According to SEMA’s press release, Collector Car Appreciation Day is intended to “raise awareness of the vital role automotive restoration and collection plays in American society,” which sounds just fine to us.

Ideally, July 9th would see the United States turn back the clock to the days of American Graffiti, where street racing was considered weekend entertainment and the cops would help block off the streets, burnouts weren’t considered “noise pollution” and cars weren’t a source of scorn and demonization, but we have a better chance of Al Gore giving up his private jet and opulent lifestyle before any of the above happens.

[Source: Japanese Nostalgic Car]

[Image: Jim Bauer for Bulgogi Brothers]

Hit the jump to read the official news release.

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