HPS Investment Partners LLC have used one of their subsidiaries Woodham Mortimer to purchase J.D. Classics, after they went into Administration
In a move that is becoming very frequent now, major Investment Companies in Australia and across Europe are Investing in Classic and Modern Classic Cars, in the wake of a shaky Stock Market and falling property prices. It would seem that the wise money knows a great thing when they see it.
The McLaren F1 caused an irreversible shift in the Supercar, and is now racing up the collectible charts
Here is the story behind the McLaren F1 GTR that won Le Mans.
Champ Private Equity has acquired Duttons in Melbourne, and is now looking at Sydney's Classic Throttle Shop
Now that everyone is getting into Classic and Modern Classic Cars, Champ Private Equity are upping their stake. As many know, we are launching a Classic Car Investment Fund, as this is in keeping with the new levels of interest by major Corporate players in Classic Cars
Dubbed "The most expensive race ever", the Kinrara Trophy took place earlier this weekend.
The amazing Goodwood Revival is currently taking place, and this race was a great part of it............
In line with our predictions in July 2016, 2017, and July 2018, property is dropping fast.
Additionally, Classic and Modern Classic Cars continue their uninterrupted rise month on month, year on year. Now that the latest Corelogic figures are out, and all the banks begin to follow Westpac's lead, down the housing market will go. Rising interest rates, reduced lending to borrowers, the Royal Commission, and mortgages turning from Interest only to Interest and principle all make for the Perfect Tsunami. Get into the New Asset Class now !.
Mitsubishi's first turbocharged rear wheel drive car keeps attracting new Investors
The Starion was quite revolutionary at the time, given the turbo power plant, fully independent suspension and four wheel disc brakes. Now these cars are very rare in Collector condition, and so fortunately we have amassed several great examples over the past 18 months, when they were mostly purchased for approximately $4000. Call now to discover the next cars that our Collector friends are talking about.........which will be the next cars to boom.
Just pay cash into an AMP Superannuation fund, and voila !..............You have gone backwards !
As the ongoing Royal Commission has revealed, it is not only Australia's Big Four banks that have been taking the hard-earned cash of the population. Whilst the banks have been charging fees for no service, the AMP happily allowed many of it's client's Superannuation to LOSE money year on year. In one case, a 58 year old man deposited $88,000, and was -$451.12 worse off after 3 years !!. No wonder so many people are switching their Superannuation across to us, where they MAKE money !!.
As we all know, it was just a matter of time before people discovered one of the greatest cars built.........The Lotus Esprit
All of the rumours are now turning out to be untrue, especially after the Top Gear "Patagonia Special" !. Whilst the show was in the earthshattering V8 Twin Turbo, it was still an Esprit !. The early S1's have really found their way recently, along with all other Lotus's. Naturally, we purchased plenty some time back...........
Whilst the JZA 80 Supra's are away and racing, and rising every day, now the MA61 is following
We imported many, many Toyota Celica XX's (Supra's) years ago, always knowing that they would become a real collectable Classic.
Now, after a Wheeler Dealer's feature on them, and several great Auction results globally, their time has come..........for the RIGHT cars. Toyota Supra buyers are extremely fastidious, and so only a few cars will ever be sold.
Amidst a Bloomberg report that Porsche 911's have boomed by 683% (and have now ended their boom), some Banks are now telling their clients to Invest in Classic Cars.
The smarter banks in Europe, in this case in Germany, are now advocating Classic and Modern Classic Cars as Investments. They are aware that the results can be astounding when you know what the next cars that are about to boom are. Call us now if you have not joined us already.
This 1975 Suffix D Range Rover sold for AU$180,000, and attracted great interest at the Silverstone Classic Auction
Whilst this example had been completely restored (as EVERY U.K example has to be), it also had the benefit of royal ownership. That said, it reflects the great interest in early Range Rover's, which is why we have so many of them !.
Call now to get in on the action.....
As we predicted back on July 15th, 2016, the long, slow decline in Sydney and Melbourne property values is well underway.
Thankfully, we sold most of our Property Investments throughout 2017, ahead of the Perfect Tsunami that lies ahead.
Never before have we seen so many events unfold together.
1) An Investor (Chinese and others) driven boom that saw house values rise too steeply over a greater period than usual
2) The roll over of many Interest only loans into Interest and Principle in September 2018, as Matt Comyn from the CBA has just highlighted
3) A Royal Commission into the Banking Industry that has severely reduced lending, as well as severaly reducing the value of some major Australian Institutions, such as AMP
4) Bank Interest Rates (not the RBA) that have to rise to keep pace with where they are borrowing from.........Overseas
We are now experiencing our greatest boom in new astute investors coming on board, which is a clear sign.
That is why we like Aston Martin's so much !
They rise, rise again, and then keep on rising for evermore, which is why we have plenty of them. Get on board now with an Aston Martin before they are ALL out of reach. Call us to discover which one's we purchase, and which one's we leave behind.........
Mitsubishi's 3000 GT 1990's Supercar hits the press in Britain
As we all know, when a car becomes a Classic, it instantly becomes written about, and then the rapid and steep value rise begins. We began collecting these cars two years ago, and since then the gains in Australia have been steady. Now that these 4WD Twin Turbo Supercars are hitting the news on page 82 of Modern Classics Magazine, everyone will be out grabbing these cars. The report states that there are just 262 left in the U.K.
As always, one has to know what Classics to purchase, well ahead of them becoming popular
BMW M3's achieving strong returns
As we discussed with our Investors 18 months ago, M3's were bound to explode, given the statistics.......
There were 1383 CSL's built, and they were a genuine improvement on what was already a great machine, being 110 kgs lighter and having uprated camshafts and suspension, along with beefier brakes.