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Why are Classic Cars a good investment?

09 Nov, 2023 Classic Cars

Classic car investment has captivated the hearts of enthusiasts and investors internationally for decades. House of Assets believe possessing a passion asset such as a classic car encapsulates the charm that extends far beyond mere nostalgia, but more for the compelling reasons that owning a classic car can be a very smart investment. 

The most attractive aspect of investing in classic cars is their potential for substantial appreciation in value over time, assuming you have the correct classic car storage! Several factors contribute to the appreciation, including rarity, historical significance, and their timeless design. Classic cars such as: Mercedes-Benz, BMW, Ferrari, Porsche, and even Rolls-Royce are among the many car brands that have achieved remarkable price increases over the years. Using House of Assets, a live online auction house, if you make well-informed choices and select vehicles with a strong historical presence, you can expect your best classic car investment to outperform traditional assets like stocks and bonds. 

The best classic cars that should achieve the greatest return on investment are inherently limited in supply and have a distinct historical significance. It’s not just supercars that are produced in relatively small quantities. As time passes, the number of car models hugely decreases in the number still running on the roads due to accidents, neglect, or wear and tear. So, by purchasing a classic car that has a fair level of scarcity, it can drive desirability and, therefore, market value. Similarly, a car with historical significance will have similar levels of desirability because of the rarity and preservation of the history that it holds. Notable historical elements of a car would be if it were a testament to advancements in design, engineering and technology from their respective eras. 

Further benefits as to why classic cars can be a good investment can also go beyond financial gain. Owning the best classic car provides the joy of ownership with a unique blend of investment. To your taste, there are several ways in which you can appreciate your classic car investment, from taking your vintage beauty out for a weekend drive, showcasing it at car shows, restoring and customising it, or even just admiring it in your garage. With the correct classic car storage and a trusted knowledge of mechanical skills and craftsmanship, your investment piece can build its value by enhancing the vehicle’s aesthetics and performance. 

Classic cars represent a distinctive investment opportunity, marrying financial potential with a tangible passion for automotive history. If you are considering diversifying your investment portfolio and appreciating the aesthetic and historical significance of classic cars, then the House of Assets online auction house is your place to browse. House of Assets can be the matchmaker to your next investment, finding you a classic car which combines a unique combination of history, art, and investment potential. 

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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