Thinking of Investing in a Classic Car? Think Again
- A Ferrari 365 from 1972 was expected to fetch somewhere around $450,000 during the annual Pebble Beach Concours dâ€™Elegance in Monterey, Calif. this weekend. When it was last bought in 2008, the car was worth $160,000. For the investment, the lucky owner may receive roughly triple his money and a few memorable â€“ albeit nerve-wracking â€“ road trips with 8- track theme music.