Up up and away for Honda's NSX as they continue their great rise, whilst many Ferrari's of a certain age drop (which is why we rarely invest in them).
Russ Smith's latest report for February, 2024 shows some very interesting results across the past 3 months on page 17 of Thoroughbred and Classic Cars Magazine. During the past 3 months a multitude of great cars achieved more than 15% over this past quarter, now that confidence has returned to the Investment Market with inflation having dropped. Within this edition of the publication, many Ferrari's have dropped like stones again, with a whole range of higher value Porsche's and some Morgan models joining them in the loser's box. Some of this drop off is undoubtedly due to the age range of the cars listed.
There is just way too much to report on yet again this quarter, although briefly another great British car makes an outstanding gain of 28% in 3 months, after plateauing for a while. This car was was ALWAYS going to take off, which is why we purchased so many of them prior to the first value rise .
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 !)
Honda NSX 3.0 Up 19% in 3 months
Vauxhall Astra GTE Up 14% in 3 months
Ford Escort MK II RS2000 Up 15% in 3 months
Ford Corsair V4 Up 28% 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
Porsche 356 Speedster Down 9.6% in 3 months
Ferrari 250 GTO Down 4.4% in 3 months
Ferrari 250 GT PF Coupe Down 5.9% in 3 months
Morgan Plus 8 InjectionI Down 6.3% in 3 months
Call us now to discover the 77 cars that will double in value over the next 6 months.