Home Classic Cars What makes a car classic? 

What makes a car classic? 

08 Dec, 2023 Classic Cars

Everyone knows what a classic car is, but do people know what makes a car classic. So, at what age does a car become a classic? A classic car can be defined as any vehicle with collectible status that’s older than 15 years and has a value of £15000 or more, whereas antique cars can be over 45 years old as long as they still hold value. But at House of Assets, we recognise that there is more to what is a classic car than just the age and price tag!

1. Iconic Design

At the heart of every classic car, an iconic design aligns with trends and fads in history. Classic cars typically possess a timeless appeal, characterised by elegant lines, curves, and proportions that please the eye. Examples would include the sleek and aerodynamic curves of the 1961 Jaguar E-Type. 

     2. Craftsmanship and Engineering

Classic cars are a testament to the artistry and craftsmanship of their era. Each vehicle, if they have had the investment of classic car storage and held the original ‘classic car’ value, should showcase real attention to detail and dedication to quality. The mechanical engineering of classic cars, with their analogue charm, contributes to their ending appeal. 

     3. Cultural Significance

Classic cars often hold a special place in the cultural landscape. Whether it’s the car driven by a beloved movie character or associated with a particular historical event, each has become an ingrained memory in society and holds value. For example, seeing or hearing a reference to the 1969 Ford Mustang Fastback may flood memories of Steve McQueen driving through the hills of San Fransisco in the film Bullitt. A car like this will be etched in the minds of many and is a prime example of a classic car with cultural significance.   

      4. Limited production and Rarity

Many of the most classic cars were produced in limited numbers, adding an element of exclusivity to their appeal. The scarcity of certain models contributes to their desirability among collectors and enthusiasts. The limited production of classics often stems from the unique circumstances of their time, such as economic conditions, technological constraints, or design experimentation. 

       5. Evoking Nostalgia

Classic cars possess a unique ability to evoke nostalgia, transporting individuals back to a bygone era. Whether it’s memories of past family road trips in the original estate car or the romantic allure of a first date cruising in a convertible, classic cars will tap into memories. They will, therefore, have emotional sentiments associated with them. 

That’s why House of Assets wants to connect you to a classic car investment that holds meaning and sentiment beyond being a smart investment. Classic cars represent more than just old modes of transport; they are rolling works of art, cultural artefacts and mechanical embodiments of previous craftsmanship. 

To be the matchmaker to your next loved classic car investment, House of Assets invites you to get in contact regarding listing or investing enquiries.

Beth Macdonald

Bethany is a seasoned expert in tangible asset investment, renowned for her astute insights in the realms of art, fine wines, whiskey and classic cars. With over two decades of experience in the financial and luxury asset management sectors, and working for other auction houses/marketplaces, she has a deep understanding of the market sector and investment trading. Her passion for tangible asset investments started early in her career and she has keen eye for value and art.

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