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See full version: Investing in Collectible Cars: Top Tips and Risks


tentative
10.05.2021 2:38:35

Cars with historical importance—ones that pioneered new technology or raised the bar for consumer expectations—can become collectible, especially if they are rare and beautiful. (Being good-looking is an advantage.) A racing history adds to a car's allure, as can association with a respected designer, racer, or builder such as the likes of Raymond Loewy or Carroll Shelby. Prior celebrity ownership can also help, especially if the individual is associated with cars, such as Steve McQueen, Paul Newman, or James Garner. The most expensive collectible cars combine these attributes.


nybble41
01.05.2021 1:54:13

The market for classic cars has done better than collectibles like coins and stamps over the past decade and has also beaten the broad stock index. The Historic Automobile Group International (HAGI) tracks the collector's car market with a number of indexes. Its broadest is the HAGI Top Index, which tracks vintage collectible cars from Porsche, Ferrari, Bugatti, Alfa Romeo, and other brands. The Top Index was up 33.78% for the year 2019, and more than 500% over the preceding 10 years thanks to increasing global wealth chasing a limited number of super-collectible cars. The S&P 500 was up 30.5% over the same period. Another classic car index is run by the insurance company Hagerty.


mr1337357
17.06.2021 1:55:37

The British auction house Bonhams sold a 1962 Ferrari 250 GTO for $38.1 million in 2014, which is the highest confirmed and published price ever paid for a car. The race car had been driven by legendary driver Stirling Moss at the height of his career. (Another 250 GTO reportedly exceeded $50 million in a private sale.) In 2010, the Mullin Automotive Museum purchased one of the four achingly beautiful Bugatti 57SC Atlantic ever built for what an insider described as between $30 million and $40 million. In 2013, a 1954 Mercedes-Benz W196 Silver Arrow — the only car of its kind not in a museum — sold at an auction in the U.K. for $29.7 million.


vorton
15.05.2021 1:31:27

The car market mirrors the market for art. It's an investment you enjoy aesthetically and it can also provide a currency hedge since vehicles can be transported to countries with favorable exchange rates. more


sixy
22.05.2021 19:07:52

Many automotive companies also pay dividends to their shareholders. Some automakers plan to use their cash reserves to continue to pay dividends during a recession, but, during the COVID-19 pandemic, both Ford and General Motors (NYSE: GM) suspended their dividends to conserve cash. Analysts expect both will resume payouts soon, hopefully in 2021. here


matador
07.05.2021 7:37:41

The auto industry is accelerated by a variety of company types. The Motley Fool.


jimmythebum
26.05.2021 12:59:10

Some exciting opportunities in the next few years will involve manufacturers of electric vehicles. Electric vehicles (EVs) are new and different, and most analysts expect them to largely displace internal-combustion vehicles over time. here


SirArthur
20.04.2021 3:37:27

The automotive industry is huge and very visible. Nearly everyone knows automotive brands, and most people have an opinion on the best new cars and trucks on the market.


pr0wler
20.04.2021 9:48:35

Because of that visibility, automotive stocks have gotten lots of interest from investors for decades and likely will for decades to come. We’ll look more closely at automotive stocks and the best ways to invest in them.


chisand86
15.06.2021 2:52:01

Here are some vintage classic collectible cars that are investment worthy and still affordable and could skyrocket rise in value over the next 1 to 2 decades.


thomas66mccoy
21.06.2021 11:21:24

New luxury cars demand outrageous investments. You will be wild to realize that the value of these expensive cars drops significantly the minute you drive off the dealership’s lot. However, this does not really apply for every car. A new investment analysis shows that classic vintage car, for example, Porsche 911 and some other German or Italian-built sports cars have escalated in value and have solidly maintained their worth over the years. And more outliners are expected to follow, including early Japanese sports car models. Throughout the recession, the classic car market has remained steadfast and now been growing even stronger than ever. This market segment has been quite a better investment in recent years, while even surpassing the art market which was once a top-performer. Buying a vintage classic car may usually involve high-stakes. However, this can make a very good sense now for one prime factor: there are recent makes and models available, producing a new breed of classics. This means you don’t have to spend a fortune to buy a vintage car in current days. Not only does it satisfy your passion while buying a classic car, it is a worthy investment that could return you a decent amount over time.


neolith2099
07.06.2021 11:43:35

This car is the newer version of Porsche 911 sports car that is a line of high-performance cars started with 1973 911 Carrera RS. The GT3 has been in production since 1999 and still running exceedingly well. Nothing much has been changed in style or design. And for driving a Porsche 911, nobody has been ever laughed at though. This signifies its absolute timeless design that will never crash out of style. The GTR’s aerodynamics perfectly works in harmony with the traditional Porsche design to build a streamlined unit of high degree downforce and driving stability. Wealthy men frequently buy the GTR as a track-day car. The recent model on the 997 chassis could also prove to be a great investment option. [links]


matsh
17.05.2021 3:09:35

more


lucky
04.05.2021 22:53:38


b,ca
04.06.2021 11:37:10

The main investment is a Ryan Tannehill Triple Threads card. [links]


jaxter
13.05.2021 13:21:09

From there, we’ll be able to calculate my gains… or losses. more


robotmonkey
05.05.2021 0:02:43

Every week, I’ll spend $100 on cards. Or, rather, since it’ll be next to impossible to spend exactly $100 on the weekly, I’ll spend somewhere between $80-$120 and keep the weekly average as close to $100 as I can.


DanielLeerasiri
30.05.2021 5:43:28

But more importantly, he’s a great quarterback in a promising situation. He has Derrick Henry in his backfield, and every defense he faces will be locked in on Henry, but he’ll be throwing the ball to AJ Brown and (new addition) Julio Jones! So Tannehill is in a solid position to sneak into the MVP conversation if the Titans win many games, which they should. here


Maxalu
20.04.2021 3:39:36

In 2020, I bought a brand new car financed purely by investing in sports cards. To fund the purchase, I turned approximately $2,000 in investment into over $25,000 of sales… and I’m still sitting on a sealed case of 2018-19 Prizm.