What Classic Car To Buy For Investment

10 classic cars to buy as an investment. The classic car market has cooled down a bit freeing up some potentially lucrative longer term investment opportunities. A few years ago these were around 20000 now theyre still 30000.

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Buying A Classic Car As An Investment Auto Express

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How to buy a classic car.

What classic car to buy for investment. The best classic car investments you can make. View all alfa romeo spider classic cars for sale. Get ready to invest in autos not stocks with that big tax refund check. Setting out to dispel this belief we have followed our hearts.

But before getting out the checkbook its good to think about whats right for you. All classic and sports cars buyers guides. Top 10 cheap classic cars to invest in for big gains with your delayed tax refund check. We explain why plus tell you how to get started.

Share tweet share email. This form of investment is starting to gain ground once again after a blip in the 1980s thanks to an increase in value from 2005 to 2013. A classic car can be the buy of a lifetime if you pick the right model but you should still treat it as a labor of love when selecting one to get the most for your money. All the same buy smart drop the top and youve an investment classic that you can enjoy all summer long.

Auctions are one source and coys auction house is holding a classic car sale on december 2 where the old metal up for sale includes this gorgeous 1964 alfa romeo giulia sprint speciale 1600. Put it in the bank and you might have 65000 if the bank is still there he adds. Classic cars are now seen as a much better investment than savings accounts. Be careful about the investment.

Buying something simply because you think its a good investment can be risky. Classic cars are older vehicles that are usually 30 to 39 years old and are deemed great for restoration and customization jobs than an outright scrapping. You might buy a car for 65000 and in five years it might be worth 80000 and youve had five years of fun. There are numerous options when buying a classic car.

As the classic car world is continuously surrounded by headlines of record prices astonishing investment returns and multi million euro collections encased in glass garages beneath 20 bedroom mansions its hard to believe there is anything still affordable left out there. Lower down the price range is the cs which came with same big brakes quicker steering rack revised springs and 19in alloys not to mention a manual gearbox too rather than the csls smg box. As 930 and 993 turbos disappear into the value stratosphere the 996 is currently a car to buy. Not every classic car will be a unicorn than triples or quadruples in value but you might get lucky if you do your homework before investing.

How to buy a classic car. Making money on classic cars can be very difficult.