Classic Car Prices in Australia go stratospheric
During January of last year, we purchased a Ferrari 308 GTB on Carsales.com.au for AU$44,000, that had 42,000 kms on the odometer, and was a faultless car. On today's viewing, we see that we will have to pay over $200,000 for the same car.
We also purchased a Porsche 930 Turbo 3 litre for AU$77,000 in the same month from the same website, On today's viewing, we would be paying $260,000 for the same car.
Auction results in the U.K during November, 2015 soar into World Record territory.
During last month, a 1985 Ford Escort RS Turbo sold for £60.188, which represents a new World Record for an Escort. Whilst this was a bit of a suprise, it is solidly backed up by many other sales that occurred during November that exceeded the Estimates by large margins.
Which Classic Cars have the most growth in them today ?
Much has been written and said regarding the Classic Car Industry, and so here is some more !.
How will Australia's changing economic speed affect Classic Car Sales ?
As became obvious back in January of 2015, Australia faces a change in it's economic speed. For over 20 years now, this wonderful country has enjoyed the benefits of selling various commodities to the world, mainly revolving around Iron Ore, Gold and Coal.
Unheard of Profit Margins now being made in Classic Cars
We at Supercar Secrets continue to be amazed at the continually, and rapidly rising prices of our cars as we move them around the globe. After our time at the Bonhams Festival of Speed Auction at Goodwood a few weeks ago, we saw prices well beyond most people's wildest imagination.
Financial Times's Classic Car Investment Seminar on the 19th of May, 2015
The global leader in financial investment advice, the Financial Times, now regards the Classic Car movement so seriously that they are running a Seminar on the subject. Given that the new world record for the sale of a Classic Car has now been set at £20 million, the Financial Times now views investment in the rarest and most sought after makes and models as a far wiser option than property, fine art or gold. The feature on this great event appears on page 19 of the FT Weekend for yesterday, the 2nd of May, 2015. The feature is again repeated in the main FT Weekend on page 24.
How is the Classic Car Market shaping up in 2015 ?.
Many experts have been looking into the future of Classic Car Investing, and their findings have proved interesting, given the state of the various and relevant economies around the world now.
The Coolest Classic Cars of the Seventies Video
There are many and very varied views on what was the Coolest Car of the Seventies, although this Video helps in narrowing down the contenders.
Early 2015 UK Auction prices were lower than the Estimates, although in line with the time of year.
Some Classic Car prices have stabilised which is a great relief, although of course some models continue to climb rapidly. Many Classic Cars For Sale have stablised a little for early 2015, and came in somewhat lower than the original estimates. We are now listing a couple of the more interesting examples, as listed in Classic Car Weekly.
Five mass produced cars that the world forgot to save
Despite tens of thousands of some very individual Classic Cars being produced, only a very few remain in existence. Here are five such models. Fortunately the Mazda RX 2 was imported into Australia in reasonable numbers and so there are still some there. Whilst this article from Exchange and Mart is somewhat doubtful with regard to accuracy of numbers, it does bring to our attention some cars that have been overlooked.
Why are many of the UK Pension Funds getting into Classic Cars, and what will the impact be ?
We have noticed a great deal of activiity on behalf of many of the major British and Irish pension funds in recent months, and have seen a significant rise in their participation in the purchase side of the Classic Car Industry.
The half million Euro Ferrari 512M may just be around the corner.
Let's face it, Ferrari's only ever go one way. When a person buys one, they can never lose, as these cars are way better than gold because gold is replaceable and these cars are not. There are always some models that lag behind a little, although in the long game, they always catch up, and usually with avengeance.
Classic Car Boom continues to gain momentum
We are now living in an era without equal, as certain events come together to create an ideal buying and resale oppurtunity. This fact has never been higlighted more clearly than by the way in which the Classic Car Boom has hit mainstream news channels, firstly in the United States, and now in the United Kingdom.
The story of the Fabulous Lotus Cortina
Back in 1962 the Ford Cortina MKI was the latest car from Ford U.K., and was soon to gain a foothold in the British car market for those looking for a new medium sized car that offered good economy and low running costs. This car was to become the first of 5 different evolutions of the Cortina, and was eventually superceded by the Sierra.
Part Two of the "We should have bought that " list for 2014.
Despite the fact that every single car that we have purchased over the last 5 years has risen very significantly since acquisition, we still managed to miss out on a few Classic Cars last year that we knew would also rise rapidly. Working out which Classic Cars will rise and which will lay dormant is now a very established part of our everyday life, and so the difficult part is acquiring ALL of the additional cars that we know will rise, rather than missing out on the great financial gains from them.