Investment in the classic car market is a better investment than wine, antiques, gold, art or cash. And you can’t drive and have weekend fun with a bottle of wine or a painting!
The price of classic cars has soared by an average 8.4% in the first half of 2015 as investors increasingly turn to alternative assets. A study published in March by property firm Knight Frank estimated that art prices had risen by 252% in a decade, beaten only by classic car values, up by 487% with 15 models exceeding 30% in the past year.
Last year, a new record was set when a 1962 Ferrari 250 GTO sold for $38m (£24m) at an auction in California. The Lamborghini Countach LP400S Coupe was also a strong performer, up by 42% from £210,050 to £298,500.
But its not all supercars. Humble Ford and VW’s, in pristine condition, are great investments and and this grid shows the model gain in only 12 months:
