During this radio show, Mark discusses a special Classic Car Show happening in Hobart, and some of the great cars and motorcycles that will be on show there.
Collectible and Classic Car prices are rising everywhere, as this report from South Africa tells us.......
As values rise globally whilst savvy Investors look for the real safe havens for their investment dollars, it becomes so, so clear that the "Global" Investment cars that we acquire are the only viable Investment Strategy. We only ever purchase certain specific cars that are recognised and loved by ALL of the world's car lovers, and not just a small percentage.
Mark talks again with Chris Lawrence about the boom in Collectible Car values, and about some of the amazing cars that he was been involved with last week.......
The sale headlines just keep coming.............
This time it is the turn of the slightly more humble (yet pretty quick even by today's standards) Ford Escort RS Turbo. These cars have always been rare, especially the first versions, and this car has an even more credibility, having been owned by the lovely and enchanting Lady Diana.
It may be a far cry from the recent $249 MILLION that was paid for the 1955 Mercedes 300 SLR a short time back, although it is still a notable sale.
As the market continues it's meteoric upward momentum, prices and sales are soaring. This car was driven by Carroll Shelby, in which he won 8 races and placed it on the podium 10 times. The car had a 400 hp 4.9 litre V12 engine, and so was the epitome of a "proper" car.
6 MONTHS OLD NEWS......... Here are the cars that we were acquiring 6-8 MONTHS AGO. Now we see the fruits of our investment labour yielding over 40% gains once more for the past quarter, with Lotus's leading the way in terms of volume. Naturally, there are now three Ferrari's and 1 Porsche dropping like stones, as usual. Toyota's MR2 hits a 30% gain in 3 months, with plenty more great gains as Russ Smith's great report indicates.
As we have always said (and Invested in) Lotus's were always under-priced and have miles and miles to go in terms of value (for certain models), as they are just so much car for the money. This quarter though also sees the meteoric rise of some less exciting and previously unloved cars such as the Jaguar XJ12 (X81/XJ40), which is UP 43%. Whilst they are coming from a very, very low base, they are still quite a nice car, albeit not very "Jaaagg" !. As more and more keen investors flock through our door in search of recession proof solid investments that can be touched and seen, significant gains are being made. This latest (September) edtion of Thoroughbred and Classic Cars contains a great summary of the sales for the past quarter on page 17, with Russ Smith's great research yet again showing that even retail sales are now well and truly booming again, following a small one quarter dip to below 30% over 3 months for some cars. The totally forgotten Ford Escort XR3i has now even seen a gain of 23% for the Mk IV model. Ferrari take the losers ticket yet again this quarter, and this time it's the turn of the 365 GT4 BB, which is DOWN a whopping 6.8%, with the Porsche 911 GT3 (996) down 5.1% for the 3 month period. That is why we move these cars onto new custodians..........fast !.
Here a few examples of the cars that those that have to rely on purchasing from advertisements and auctions have been acquiring late in the growth cycle :
The rising Collectible Cars
Jaguar XJ12 (X81) Up 43%
Toyota MR2 Mk II (SW20) Up 30%
Lotus Esprit GT3 Up 18%
Ford Escort XR3i Mk IV Up 23%
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 84 great Collectible Investment Cars that will boom in 3-6 months time.
The dropping Collectible Cars
Ferrari 365 GT4 BB Down 6.8%
Ferrrari 550/575 Maranello Down 2.8%
Ferrari 360 Modena Down 3.0%
Porsche 911 GT3 (996) Down 5.1%
Call us now to discover the 84 cars that will double in value over the next 6 months, BEFORE they too become OLD NEWS !.
Mark chats once again with Kylie Baxter on the ABC about the rise and rise of Collectible Car values
It is not only our Investment Cars that are skyrocketing in price. Even the humble Toyota Ute is now heading towards $500,000, as Carsales posts a 23% rise in it's share price.
This great article from News.com.au highlights just where we have got to with Collectible, Classic and used vehicles in Australia, with plenty more to go for a long time yet, reporting a 65% rise in used car values. Call now before every Collectible Car that you look at becomes unachievable.
This exciting article from Forbes Magazine focusses on the only asset class that is still rising...........Cars !.
As this article states "In an economy riddled with inflation, an investor looks for where to put his/her investments so as to outperform the standard return on investment (ROI). Now that they have found the answer, read what Forbes Magazine has to say on the matter.
Mark talks about booming Collectible Car prices..........
In this special report by John Wiley from Hagerty, we see how "ordinary" classic cars perform.
As all of our readers know, we target specific makes and models that we know will make significant value gains across a short space of time. We do this using our own intellectual property, and rarely have a car that does not at least double in value across 12 months. That said though, what about the "ordinary" classic cars such as a Mercedes 300 SL for instance. This article exposes the truth surrounding just one of the multitudes of rising asset value Collectible and Classic Cars.
Click here to read this great Collier Automedia/Hagerty Article
As this great Article by Moneyweek states, all our cars escalate in value while the Stock Market and Property continue their decline.
This article highlights just why we invest in Collectible Cars that are guaranteed to rise in value rapidly. Within this article, mention is made of the AU$249 Million (US$ 142 Million) price that was paid for the 1955 Mercedes-Benz 300 SLR Uhlenhaut Coupé recently, as well as the 1991 Ferrari F40 that just sold for $2.98 Million (£1.7m).
Mark talks about all things Classic and Collectible Cars
As more Super Funds, Hedge Funds and SMSF managers pile into Collectible Car investing, the latest asset class is thriving.
Whilst most other investment assets are dropping in value, it seems that Australian Property has now joined the losing side. Now that everyday folk are finally confronted with the fact that the "Free Money" party is over, and that they may have to make substantially higher monthly payments for their Australian Dream to survive, any gains will rapidly turn into losses. This time always had to come, and it is now here to stay. Call now to invest in assets that only have an upside !.
Click here to read today's ABC News article on the dropping property market
Mark talks about the rising Collectible Car Industry