With the economy fully in the dumper, more than a few are trying to figure out what to do with their stocks that are worth a fraction of what they were just a few months ago. Cooper Classic Cars has a great idea that is sure to appeal to more than a few enthusiastic investors. Trade your worthless stocks for a collectible classic car!
The idea is that Cooper will take your stocks off your hands at their pre crash value in return for an appreciating classic car in your garage. While even the collector car market may be a bit soft, cars are certainly holding their value better than many other investment opportunities. What a great way to put a smile on your face and stop losing money on your stocks! This should also help Cooper move some tin.
Full details from Cooper Classic Cars after the break
NEW YORK, NY, JANUARY 16, 2009: Cooper Classics LTD, the East
CoastÃ¢â‚¬â„¢s oldest and well renowned Classic Car Facility, will
initiate two of the most unique programs ever offered by a
Classic Car Dealer. For the first time collectors will use their
stocks as credit towards the purchase of a classic car; however,
the credit will be based on the stockÃ¢â‚¬â„¢s Ã¢â‚¬Å“pre crashÃ¢â‚¬Â value dated
6/30/08. Classic Car Collectors now have the opportunity to turn
their devalued stocks into an investment grade classic car.
Cooper Classics LTD will also offer exclusive financing on all
of their Classic Cars in an effort to resolve the recent Ã¢â‚¬Å“credit
crunchÃ¢â‚¬Â potential clients are facing. Financing will be
available to their International Clients as well.
The Classic Car Gallery based out of New York CityÃ¢â‚¬â„¢s Greenwich
Village made the decision to introduce the program after its
President, Elliot Cuker, found that he wanted to share his
Leading Classic Car Facility Offers Ã¢â‚¬Å“Swap Your StocksÃ¢â‚¬Â Program Page 2
confidence in the market by offering a new way to invest in a
Classic Car. Many collectors in this current market feel they
missed the opportunity to invest in a classic car when they did
not sell their stocks at the apex of the market. Ã¢â‚¬Å“I should have
sold earlier instead of waiting. Now I donÃ¢â‚¬â„¢t know what to do.
Either I wait for the market to recover or take a loss today.Ã¢â‚¬Â
laments a client who placed a deposit on a Jaguar XKE
Convertible before the recent drop in the market. He planned on
converting part of his portfolio into cash to pay for the car.
Collectors either feel burdened with a devalued stock in their
portfolio, or they cannot secure a loan to invest in the Classic
Car they desire. Elliot Cuker feels that his company, Cooper
Classics LTD, can offer a different avenue towards Classic Car
Investment, so that his clients will not be penalized by current
market conditions. The program begins this January.
Cooper Classics LTD has been a leader in the Classic Car
Industry since 1976. They maintain one of the most exclusive
collections of Classic Cars for sale in their two distinct and
prestigious galleries which face each other on the north and
south side of Perry Street in New York CityÃ¢â‚¬â„¢s Greenwich Village.
For more information: www.cooperclassiccars.com