What do rich folk do when playing the stock market has lost its luster? Buy vintage cars, of course! Collectibles like old-school Ferraris, Maseratis, Mercedes-Benzes, and Rolls-Royces have never been more popular, but the inventory of vintage autos is fixed at roughly 6 million, so high-end collecting has also never been pricier. This past May, a 1936 Bugatti Type 57SC Atlantic sold for more than $30 million to an anonymous buyer -- the highest price ever paid for a car, by about $2 million.
Read More »