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Author Topic: S Times....article today about Classic cars as "investments"  (Read 8755 times)
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Parisien
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« on: 27 October, 2013, 12:59:46 PM »

Sometimes this sort of trite reportage leads to classic car owners loosing the run of themselves. Nonetheless they single out 5 cars that they reckon are on the upward curve, one being the Integrale. Don't sell quite yet guys, keep all those pseudo car investors on the long finger for a while longer!!

In ten years whilst houses prices have gone up on average by 27%......art by 183%.......classic cars top the lot by a massive 430%..............(Parisien takes out 24 carat gold snuff box for a big pinch!!!!).....Wink


P
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Frank Gallagher
B20B24
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« Reply #1 on: 27 October, 2013, 05:46:06 PM »

And this is what you get when you combine classic cars and art:

http://www.bloomberg.com/news/2013-10-23/wrecked-ferrari-sells-for-250-000-basquiat-5-million.html

How mad is that?
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'58 B20 S6
'53 B20 S3
'67 Fulvia Sport
peterbaker
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www.retro-speed.co.uk


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« Reply #2 on: 27 October, 2013, 05:59:39 PM »

Could do with some more air in that front tyre. Might add another 2.50 to its value
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1961 Lancia Flavia 1.5 Berlina. 2005 Lancia Ypsilon. 1954 Daimler Conquest. 2003 MG ZT-T 135. 1998 SAAB 9-3 Conv.
Jai Sharma
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« Reply #3 on: 27 October, 2013, 09:05:04 PM »

$250k for the wrecked 308GT4! Surely someone is laughing their socks off!?
I'm now cancelling all my comprehensive cover - no need for more than third party fire and theft if the car is worth more crashed than straight!
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