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Jay Leno on Havana's classic cars

To think of Cuba is to think of the old, classic American cars from the '40s and '50s that cruise the streets of Havana. It's like going back in a time machine.

Now, as the U.S. loosens its trade and travel embargoes with the island nation, people are wondering what will happen to all those beautiful vehicles.

Will they continue to dot the Cuban landscape in every color of the rainbow? Or will classic car collectors rush in to get their hands on whatever's left?

The reality: Looks can be deceiving.

Watch the video above to see whether Jay Leno thinks American collectors will flood the market to bring these old cars back stateside.

Each week, Jay Leno shares his thoughts about hot topics in the auto industry. Tune in to "Jay Leno's Garage" Wednesdays at 10 p.m. ET/PT on CNBC.