Business Services Industry
Owner of Auburn, Ind.-Based Auction House Says Collectible Trucks in Demand.
Knight Ridder/Tribune Business News, March, 2003
By Jim Mateja, Chicago Tribune Knight Ridder/Tribune Business News
Mar. 6--CHICAGO--Bound to happen.
With the fact that trucks account for nearly 50 percent of all new vehicles sales, pickups are beginning to make their mark in the collectible market.
"I'm starting to see some '40s and '50s model Ford and Chevy trucks that you could buy a year ago for $7,000 sell at auction for $25,000," says Dean Kruse, owner of Kruse International, the Auburn, Ind.-based auction house that specializes in collectible vehicles.
When a new vehicle attracts attention, it revives interest in older vehicles of that type, and trucks have been the beneficiary, Kruse said.
"Trucks are becoming popular as collectibles for two reasons: They...
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