Why are HSBC, JP Morgan and Forbes in the USA alerting their clients to Classic Car Investment ?.
Why are HSBC, JP Morgan and Forbes in the USA alerting their clients to Classic Car Investment ?.
It seems as though the word on Classic car Investment has now reached the mainstream Investment advisors, as HSBC, JP Morgan and Forbes in the U.S.A are now all alerting their clients to the world of Classic Car Investment.
Despite all of the predictions of a Classic Car Market crash or correction, many are now seeing that what we are experiencing here is a long-term trend of massive growth.
So why is this so ?.
Well, all the sustained action is in European Classic Cars, simply because they appeal to a much larger audience than American Classic Cars do. The European Classics (British, Italian, French and German) appeal to the whole world, and so there are many more buyers, and fewer and fewer examples coming up for sale. This is just the old story of supply and demand.
The American Classics only appeal to the American's, the Australian's and some European buyers. Australian Classics only appeal to Australian buyers, and a very small number of overseas buyers. That is why the latter two categories of Classic fluctuate in value far more than the European Classics will ever move by.
Get into it now, or maybe let a few years pass by, and say "I was going to do that".