Wednesday

Boomers driving demand for Classic Corvettes

Boomers driving demand for classic sports, muscle cars

"Demand and prices for classic muscle and sports cars from the 1950s, '60s and '70s have grown tremendously in recent years. Dealers credit baby boomers who finally have enough money to buy cars they dreamed about when they were teens.

'A lot of them are reliving their youth,' said Terry Michaelis, who sells classic Corvettes and claims to have the largest collection in the world. 'People tend to chase the year or type car they grew up with.'

Corvettes that sold for $25,000 in the mid-1980s are now fetching $100,000 and beyond. "