Exotic and classic cars prices have rocketed in recent decades. The vintage and rear vehicle market boomed in the middle of the 20. century and the interest in this investment is still growing. The value of some cars like Ferrari, Bugatti, Lamborghini and Mercedes-Benz rises significantly. In fact this is the asset class that outperforms others. Sports vehicles which cost $100,000 twenty years ago, now can be sold at a price of $1million. Looks like vintage and one-off vehicles are a better choice than other investments since the value can rise up to 300 per cent. Most of these valuable assets are bought by collectors who are more interested in storing them than using them.
Other valuable investment is to purchase a tuned car. It can be a high-end luxury coupe or roadster as well as a charismatic vehicle in racing form that is ready to challenge the world of rallying. The value of most tuned cars tends to rise.
Choosing a car type to invest in
The classic cars market is dominated by vehicles featuring attractive design and exceptional mechanical aspects. Cars that were featured in movies or television shows are great options to keep an eye on. Cars that were driven by celebrities are also a good investment. They can double their price for less than five years.
What makes one vehicle a collector car?
The collector car market mostly includes rare, limited production vehicles. Wealthy investors look for unique characteristics such as high-performance components, special plates with a production number, and unusual exterior finish.
Top Cars With The Best Value
The most valuable classics include Ferrari models as well as Bugatti cars. Other brands to put on your radar are Lamborghini, Mercedes-Benz and Dodge. But how to find the best models to make money?
At the top of the list is the Prancing horse. According to the latest statistics, almost 60 percent of the super-expensive cars sold at auctions are Ferraris in the GT series. The Italian auto manufacturer holds the record for the priciest vehicles ever sold. Among the most successfully auctioned models is the Ferrari 250 GT California Spider produced in mid-50.
Bugatti sports cars are among the most popular to invest in. The French manufacturer has been famous more than 80 years with super-fast and luxurious vehicles which took speed records several times. Both post-World War II models and the high-end one-offs produced recently dominate the chart of the most valuable vehicles.
Mercedes-Benz produces the world’s most desirable cars. Some models bring high prices in auctions. For example, the SLR McLaren SLR FAB Design Desire launched in 2009, was sold for the insane amount of $1.43 million. The SLR McLaren Mansory Renovatio was even more expensive – with a price tag of $1.5 million. On the top of the list of the most valuable Mercedes-Benz cars is the iconic SLR McLaren Red Gold Dream. The new owner of the luxury sports coupe payed $10 million to drive this thrilling car with gold rims, and a gold coated interior. The powerful killer street machine boasts 999 hp coming from a 5.4 litre V8 engine. The German masterpiece accelerates to 100 km/h in 3 seconds.
If you are looking to invest in ultimate luxury and powerful car, then Lamborghini might be your choice. Even the brand name is sufficient to boost vehicle`s value. For example, the owner of the one-of-a-kind Lamborghini Aventador J easily sold this unique car for $2.8 million. The cost of the concept Lamborghini Veneno Roadster is $5.5 million. It is considered to be one of the most expensive cars ever.
If you are young enough, consider buying a low-production Lamborghini model and wait till it becomes a classic car in the near feature. It is a good idea to purchase an aftermarket kit to make the car technically interesting. This way the vehicle is more likely to increase its value.
So, if you want to invest in a valuable car, do your research carefully. Decide if you can wait enough for its price to go up. Take into account that collector vehicles values randomly move up and down. Anyway, it looks more predictable than gambling on the stock market.