Cars as Investment

Lamborghini Aventador - Chad Horwedel CC

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.

Lamborghini Aventador J

Lamborghini Aventador J. Photo: Cardoso Diogo

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.

4 Best Places To Retire

Early retirement is a dream for thousands of people. Sounds great but how to assess if the savings are sufficient to meet your needs? Well, there are exotic destinations with a low cost of living and decent health care standards. We suggest some of the best places to retire.

The living costs depend on your health status, lifestyle, and goals. Anyway, there are places in Caribbean region, Asia and Europe where you can live happily with less than $700 per month. This includes living expenses and recreation. Many of the best places to retire abroad do not require a retirement visa. Residency requirements and regulations vary by country. Rules may include some taxes.

Here are four reviews to help you find a retirement destination overseas that matches your incomes and lifestyle.

Dominican Republic -Wisse

Photo: Wisse

Dominican Republic is known for its white sandy beaches, turquoise waters and great possibilities to have fun. This Caribbean country features exceptional beaut. The island offers plenty of options for adventure activities and laid-back luxury lifestyle. This destination has been recently advertised in the seventh edition of “Fast and furious” action movie as a place where anyone can feel safe and happy.

The flight from New York to Santo Domingo takes less than 4 hours. In Dominican Republic you can rent a house in one of the oldest Spanish colonial towns in Caribbean. In this exotic country you can live comfortably on $700-$800 a month, including utilities, dining, medications and basic healthcare. If you are a golf enthusiast, then you will have additional costs.

Thailand - Chi King

Photo: Chi King

Thailand is listed as one the best places to retire in Asia. This country is known for its tropical climate, fine sandy beaches and lush vegetation. In big cities like the capital Bangkok, people can enjoy numerous parks, great examples of Asian architecture and cuisine. Healthcare facilities and services are considered good and inexpensive. Except the capital city, the cost of living is low. $700 is the amount sufficient to live pleasantly in Thailand. This includes rent, food, and utilities. Recently, Thailand has become a home to more resident expats from Australia, U.S and Europe.

Portugal is known for its moderate climate, well-known natural gems, exquisite Mediterranean cuisine and relaxed people. This description combined with the facts that the European country is considered a top golfing destination, makes Portugal a great option for retirees. There you can also enjoy art and cultural activities. The local healthcare system is considered one of the best in the region. The cost of living in is one of the lowest in Europe, and retired people can live comfortably for about $900 a month. If you are looking for retirement destination ideas, it is worth considering the Southern Portugal.

The big cities in Malaysia are top retirement destinations in Southeast Asia. Thanks to the long colonial history, most of the cities combine Victorian colonial architecture, parks with abundant tropical vegetation and modern lifestyle. Malaysia has become a growing medical tourism destination because of high standard of health care. There are modern condominium complexes with all the facilities. These housings are surrounded by natural beauty and offer many options for outdoor recreation. You can live there on just $800 a month. The biggest exception is the capital city Kuala Lumpur where housing prices are higher than in other cities. There are also special requirements for retirees. For permanent residency, one has to be at least 50 years old. People thinking about settling here must prove a minimal offshore income. They are also expected to have a deposit in a local bank.

Wherever you wish to retire we strongly recommend visiting the place in order to know you if living there is the right decision for you. You have to be sure is you are ready to experience new relationships, new culture and way of living.