Block (Afterpay) just keeps falling.
Afterpay, after being acquired by Block, just keeps falling and falling.............
From the heady heights just 2 years ago of over $400 per share, the stock can now be purchased for less than $100.
Now THAT is a loss !.
In the meantime, specific hand-picked Collectible Cars just keep rising, and rising.
Azimut targets $160 Million for Collectible Car Fund
Azimut has around $149 Billion in investment funds, and is now making the very wise choice to invest in Collectible Cars
As we all know, the returns in Collectible and Classic Cars are very significant, with Mr Medda from Azimut saying "The performance of vintage cars is tracked by an index since 2000 and it has been outstanding," noting that the value increased some 15 times.
Greg Hoar still drives the car that he passed his driving test in almost 50 years ago.
Yes, Greg is still driving the trusty Morris Minor that his grandmother purchased for £628 (AU$1,200).
How far we have all come, and how much the prices of these great cars have risen..........
The Aston Martin Valour has been unveiled, with all of the 110 units sold at $1.9 Million each.
These new Aston Martin Valour's will be completed later in 2023, and all are now sold.
As with all Build Slot cars, these cars have been sold by invitation, and so are now all accounted for.
The concept for the car is to return cars to what they are supposed to be...... a real driving experience.
The car features a 705 bhp V12 engine, and will achieve 100 kph in around 3 seconds via a 6 speed manual transmission, so the driver has to actually drive the car !.
UP 50% for the 2300 HS, and UP 50% for Renault's R8/R10, with Ferrari 500 Superfast DOWN 8.5%
This quarter is really about Vauxhall, with a couple of their greatest cars finally seeing the sun, along with a lesser known awesome RS Cosworth.
Russ Smith's latest September, 2023 report shows some interesting results across the past 3 months on page 17 of Thoroughbred and Classic Cars Magazine. During this period a multitude of great cars achieved more than 10% over this past quarter, now that Summer has arrived in Europe. Naturally several Ferrari's have dropped again, with the 500 Superfast leading the way down 8.5%. Sadly a certain De Tomaso has joined them in the loser's box, no doubt due to the age of the cars and the audience.
There is just way too much to report on yet again this quarter, although another aweome British hatchback in the shape of a Reliant made great gains, with the Scimitar SE6/6a making 8.8 % in 3 months. This car was was ALWAYS going to take off soon, with it's 3 litre Capri engine and overdrive transmission.
Here a few examples of the cars that those that have to rely on purchasing from advertisements and auctions have been acquiring WELL AFTER the growth has stopped :
The Collectible Cars that HAVE risen, and will now STOP their growth (Move onto the next 77 cars that have already doubled in value !)
Vauxhall 2300 HS Up 58% in 3 months
Renault R8/R10 Up 50% in 3 months
Vauxhall Astra GTE MK I Up 27% in 3 months
Ford Sapphire RS Cosworth Up 13% in 3 months
It is of course too late to capitalise on the values of these cars, as they will now stop growing, and so we move on into the next 77 great Collectible Investment Cars that will boom in 3-6 months time.
The dropping Collectible Cars
Ferrari 500 Superfast Down 8.5% in 3 months
Ferrari 400 Superamerica Down 7.1% in 3 months
Porsche 356 Pre-A Down 6.7% in 3 months
De Tomaso Mangusta Down 5.2% in 3 months
Call us now to discover the 77 cars that will realise greater gains than those listed above.
Remember when EVO 6.5 Makinen's were $28,000 ?,.......then they were $65,000, and NOW over $160,000.
Then and Now, and WHY we invest in Collectible Cars
A few years back we reported on the dramatic rise in the values of Mitsubishi Lancer Evolution 6.5 Makinens. We mentioned that we had purchased plenty of these cars for under $30,000 at that time. Now they are all over $150,000 with some touching $200,000, and whilst this is low compared to our great FQ examples, it still represents a good gain. That is why we only invest in specific target cars.
Now we are onto the next group of cars with greater gains in them.
Click here to read our previous News Article, when 6.5 Makinens were $65,000
Mark Haybittle talks to Leon on ABC Radio, in this, the Thirtieth of a regular show
Mark and Lean chat about some great Collectible Cars
This show was a particularly great one, as the topics of discussion were Rowan Atkinson, electric cars, Mazda RX 2's RX3's and RX7's, as well as a host of other great Classic Cars such as VW Kombi's.
The Honey Badger is back in F1.
Daniel Riccardo re-enters Formula 1
Australia's favourite Formula 1 driver is back in the seat. He will drive an Alpha Tauri in the nex t round of F1, at the Hungaroring in Hungary.
He will replace Nyck de Vries, and does so after a very successful tyre test at Silverstone.
Colin McRae rally cars coming up for sale in August.
A VERY rare opportunity to purchase one, or even three of Colin Mc Rae's rally cars comes up nexy month.
Three of Colin's favourites will be on sale at the Silverstone Classic, from the Sunbeam Ti through to the last car that he competed in , a MK 2 Escort.
Singer's latest awesome creation to appear at Goodwood Festival of Speed in a few days.
This exercise in "Dynamics and Lightweighting Study-Turbo" is the latest of a string of great cars that improve the 911.
The car is based around the concept of the 934/5 from the Trans Am series in 1977 when race cars looked and performed wicked.
This car features a 700 hp engine that is based on the 3.8 litre unit, althoughly highly modified.
A 308 GTB Vetroresina is coming up for sale.
The most valuable Ferrari 308 GTB was made from fibreglass.............
One of the 712 Ferrari 308 GTB's with a fibreglass body is coming up for sale at Sotheby's.
It is SO interesting that Colin Chapman's original concept with all Lotus cars to "add lightness" occasionally spread to other manufacturers that wanted to build low weight proper performance cars. Whilst the 308 GTB Vetroresina is really only sought after for it's "early build in low numbers" status, almost ALL Lotus cars went on to be renowned for being the ultimate drivers cars.
And that is why we have so many Lotus cars. They have been undervalued for a long time, although the smart investors are now catching on, and this prospective sale of a Vetroresina will only enhance the demand for properly built race cars for the road that give the biggest buzz when driven.
SOLD for $1.12 MILLION. A Ford Sierra Cosworth RS500
Earlier this year a Ford Sierra Cosworth RS500 sold..................for over $1 Million.
In a sign of things to come, these "Fast Fords" in the United Kingdom are similar to "Fast Japs" down in Australia. One just needs to know which ones to invest in.
The investor in this Cossie certainly got it right, because the sale prices for RS500's just five years ago were just $230,000.
That is a gain of almost $1 MILLION from a Ford in under 5 years.
THAT is why we invest in SPECIFIC Collectible Cars.............
Click here to read this great $1.12 Million Ford Sierra RS 500 Article
At AU$320,000, a new benchmark for Lotus Esprit V8 Twin Turbo values is reached
Lotus Esprit V8 Twin Turbo's reach new heights
We have always been discussing the amazing Lotus Esprit V8 twin Turbo's since we began investing in them several years ago. We have reported on their rise up the charts of Investment Success, and this low mileage example assists in their rise towards the more realistic pricing of more than $400,000. At the time of production these awesome machines were sometimes compared with the Ferrari F355, which of course they are far, far superior to. As anyone that has driven these cars (properly) knows, the sheer lateral grip levels and braking that can be achieved with these race cars on the road is nothing short of eyewatering.
Click here to see this great Lotus Esprit V8 Twin Turbo that has just sold for AU$320,000
Mark Haybittle talks on ABC Radio, in this, the Twenty Ninth of a regular show
Mark and Leon chat about some awesome Collectible Cars that are booming in value.
Amongst all of the many great car being discussed were the amazing Mitsubishi Lancer Evolution II RS, the Ford Sierra Cosworth, the BMW 1602, Lancia Beta, Toyota MR2's and many more.
Up to $803,000 for the Jaguar SS100.
The Jaguar SS100 is now up to $803,000, heading towards $1 Million.
This awesome Jaguar saw action at the 16th Monte Carlo Rally just two months after it's purchase, proving how great these cars were, even back in the 1930's..
The car actually finished thirtieth overall, in what is and always was, a very difficult rally to complete.