The surviving 1979 AMC AMX prototype is still bringing smiles to owner who has been with it since its inception.
Mike Smith knows his 1979 AMC AMX is the only survivor of its type. It's not a special color or option combination that makes his car unique, it's the fact that his car is a prototype built in late 1977 for the forthcoming 1979 AMC AMX. As a prototype, it looks nothing like the Hornet-based AMX production model that was offered at dealerships in 1977; his car is a modified Gremlin that became the new-for-1979 Spirit model with the AMX package.
Smith can be confident in his car's pedigree not just because he has the paperwork to prove it, but because he was an AMC employee who drove the car for business after its development days ended, sometimes with famous people at his side.
Hagerty celebrates the "oddballs" and "misfits" of the car world with the addition of the Concours d'Lemons to its growing portfolio.
TRAVERSE CITY, Mich.,/PRNewswire/ -- Hagerty, Inc., (NYSE: HGTY) announced a licensing agreement to produce Concours d'Lemons, a motoring festival designed to celebrate the oddball, mundane and unexceptional of the automotive world. Adding Concours d'Lemons to Hagerty's portfolio of events expands the reach of the automotive lifestyle brand's recently acquired premiere automotive events, including The Amelia Concours d'Elegance, Concours d'Elegance of America and the Greenwich Concours d'Elegance.
With inflation on its way up these days many are looking for a safe bet. Can old cars be that safe bet?
Hobby experts say that short-term trading in collectibles has very predictable results, but long-term trading is more like buying an Irish Sweepstakes ticket. The trick is not to buy a car or truck or motorcycle to beat the current inflationary spiral, but rather to buy one that will be worth significantly more 20 years down the road, when prices will naturally be higher, without artificial inflationary forces adding to the increase.
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