If you have capital to invest and you’re looking for a safe bet for the future, you’re faced with a lot of choice. Fine wines, antique coins, stamps, luxury watches and art are all popular among collectors. Others seek out handbags, furniture and ceramics. Property, meanwhile, can provide returns of more than 100%, particularly for desirable addresses in the capital. But there’s one commodity that’s been soaring in popularity among investors in recent years: classic cars.
The allure is obvious; research from estate agents Knight Frank suggests average classic car values increased by 17% in 2015, having rocketed upwards in value by a staggering 467% over ten years. That makes them by far the strongest performing investment. While a bottle of rare Bordeaux, for example, could reap you big returns too, let’s be honest – it won’t look as pretty in your garage.
Here are some of the classics hotly tipped to do well in 2017 and beyond:
Lancia Delta Integrale
The Italian rally legend was launched in late 1978, making this year its 30th anniversary. That will undoubtedly lead to a spike in interest, pushing values up. Whatever your budget, there’s a Delta for you; prices begin at less than £10,000 for the HF Integrale and can surpass ten times that for a perfect example. Get in there while you can.
Powerful, handsome but unfortunately short-lived, the Interceptor has always been popular among investors who didn’t quite have the £200,000+ for a classic Aston Martin. Jensen and Aston have always, therefore, been thought of in the same vein, and as Aston Martin values are rising, so too are the Interceptor’s. That growth isn’t likely to subside any time soon.
BMW M3 E46
The E46 isn’t actually considered a classic car yet. But having been launched in 2000, the day it becomes a classic isn’t so far away, and experts invariably agree that prices will go through the roof. The E46 was widely regarded to be one of the best sports coupes ever produced, and its older cousin, the E30, is now worth far, far more than ten or fifteen years ago.
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