Lancia Motor Club

General => Press/Media: Lancias mentioned, seen or wanted! => Topic started by: Parisien on 27 October, 2013, 12:59:46 PM



Title: S Times....article today about Classic cars as "investments"
Post by: Parisien 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!!!!).....;)


P


Title: Re: S Times....article today about Classic cars as "investments"
Post by: B20B24 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?


Title: Re: S Times....article today about Classic cars as "investments"
Post by: peterbaker 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


Title: Re: S Times....article today about Classic cars as "investments"
Post by: Jai Sharma 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!