I read with interest the story of the “new” 1964
Imperial purchased against the best recommendations of the owner’s
financial planner. I happen to be a financial planner who grew up as the
grandson of a Chrysler Plymouth Imperial GMC dealer in a small town in western Maryland. I generally
would not advocate most folks buy a classic as an investment but when you have motor
oil in your veins instead of blood, you can’t help buy own them. We
currently own a 1961 Chrysler 300 G coupe and a 1968 Chrysler 300 convertible
(yes, no Imperials yet). I have been able to get some of my best investment
clients through local car clubs, etc as I have a common interest with the
members. Just act logically when acquiring cars and attempt to reason with
your financial advisor if he / she tries to talk you out of buying that dream
car.
Sincerely,
Bradley R. Teets, CPA/PFS, CFP
61 Chrysler 300 G coupe (“RG” - mom’s
favorite son)
68 Chrysler 300 convertible (“RUBY” –
dad’s favorite daughter)
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