It’s no secret that certain classic cars have always offered some form of investment potential. Models that have been manufactured by the glamorous and lower volume brands appeal to both enthusiasts and investors alike and are often highly sought after.
It was during the 1980’s that the value of classic cars rose dramatically. Those who opted to hold onto their much admired rare models before this time were able to enjoy some excellent financial returns. In particular this situation could be applied to some of the rarer Italian marques. During the 1990s the values of vintage cars decreased in line with the housing and financial market drops. This trend was not reversed until around 2004-2005 when prices started to increase again.
Over the last couple of years, classic cars have once again been achieving some excellent results at auction houses. In addition to road going classics, some competition models have also reached some remarkable figures. According to an article in the Financial Times, prices rose by 395% over the 10 years leading up to the end of 2012. This growth rate beat that of gold coins, fine wine and fine art.
It’s these types of prices that are now attracting many investors to the opportunity of making money from vintage models. There are now at least 3 Hedge Funds that are focused on buying exclusive and rare models that have the potential to increase in value and deliver good return on investment for those who are fortunate enough to be in on the funds.
Classic cars and vintage models that are in limited supply have been recognised as being something that can be enjoyed through the ages for their sleek lines and eye pleasing designs. Especially those that are well looked off, kept in storage and given the occasional run.
Models that have been determined to continue to be good investments include Bentleys, Jaguars, Bugattis, Ferraris and Aston Martins.
If you’re looking to buy a vintage classic car, contact us today for excellent finance options.