10/02/2026
Most people see a classic car as money sitting in the garage.
I saw $15,000 I could still put to work.
After paying $18K cash for my 1966 Mustang, I secured a $15K line of credit against it, giving me access to capital without having to sell the car.
That’s the bigger lesson here: owning an asset doesn’t always mean your money has to stay trapped inside it.
Sometimes the smartest move isn’t just what you buy. It’s understanding how to make what you own work for you.
Would you ever use a strategy like this?
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