Electric Car virtues............One lady's experience that she will never forget.
There are some folk amongst us that extol the wonders of electric cars. This esteemed writer from the Wall Street Journal may not be one of them.
Whilst cars powered by batteries that constantly require charging may have some uses for short trips into city CBD's, longer trips seem unlikely, unless that battery occupies all of the car's internal space.
Click here to read this great Article in the Wall Street Journal
Classic Car Market booming in Australia
As Channel Seven reported previously, Australia is experiencing a boom in Classic Car prices
DOWN 55.9% for Auction Clearance Rates of Sydney property.
House sellers in the Sutherland Shire, Baulkham Hills, Hawkesbury, Blue Mountains and outer west regions have been hit hard as property sales slow
As the Collectible Car Asset Class continues it's rise, property is rapidly becoming a very poor investment.
UP 89% in one year for the Honda Prelude
Hagerty U.S now has data on the 2021-22 period, with the humble 88-91 Honda Prelude leading the way in that country, with 89% over 12 months.
Yes, with a healthy list of 11 cars that we would never ever purchase, the American public can now double their money and some of the most basic Collectible Cars. Whilst it was always a case of working with certain cars from certain era's with certain backgrounds, the race towards massive global investment in Collectible and Classic Cars is fully in it's stride now.
DOWN $2.2 TRILLION for Crypto, and UP another 11% for Collectible Cars.
As Crypto currency continues it's mighty fall, many people are losing a great deal.
In part 2 of Channel Nine's 60 Minutes documentary, Sergie tells of how he has lost $600 Million in the recent Crypto crash. During the same period of time, all of our investment cars have gained another 11% in value and they just keep on rising and rising as they always have, IF one selects the specifically correct make and model of Collectible Car. Call now to find out which of the next 84 cars to rise that you will purchase.
Click here to watch the 60 Minutes story on the Crypto Crash
Even the worst performing Collectible Cars still gained 20% in value last year.
Whilst focussed on the U.S.A, this news article from last Saturday concludes that even $25,000 well spent will yield a minimum 20% return.
This great piece of reporting by the Agadir Group reminds us all that by investing just $25,000, one can still make a 20% return without even trying.
Only $127,000 for this low price barn find HT Monaro.
Last Friday saw a Holden HT Monaro cross the auction blocks and sell as a Barn Find with over 160,000 kms showing, for just $127,000.
The auction was held be Elders at Laharum, 283km North West of Melbourne, and had plenty of willing bidders, although the final sale price was short of $130,000.
A quick 5 second $300 restoration such as the ones that we have all seen on the Collectible Car Restoration shows, and she will be better than new !.
UP only 25% over the past 3 months for the Land Rover, with Lotus Elan's up 6.3%.
Whilst our Investment Cars have seen up to 38% gains over the past 3 months, the retail sector has only seen a very small gain. The cars that we knew would drop, have indeed gone backwards.
As global recession now seems likely, we now have new investors flocking to our door, in search of recession proof solid investments. The latest (July) edtion of Thoroughbred and Classic Cars reports all of the sales for the past quarter on page 17, and Russ Smith again clearly shows that retail sales are somewhat subdued, with only 25% growth over the quarter for a Land Rover Series III. That said, the totally forgotten Triumph 1300 TC Front drive is up an amazing 18%, as retail buyers rein in their spending UNLIKE the Collectors that we deal with exclusively. Naturally, another Ferrari is DOWN this quarter, and this time it's the turn of the 360 Modena, which is down 2.5%. As interest in 1960's cars is now almost dead (except for some E-Type's), the ageing population issue has now spread to 1970's cars with one of the must unloved of all E-Type's (The Series III V12 2 plus 2) dropping by 7.3%. 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
Land Rover Series III Stg 1 V8 Up 25%
Triumph 1300 TC Up 18%
TVR 3000 S Up 10%
Lotus Elan S2-S4 Up 6.3%
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
Jaguar E-Type Series III 2 plus 2 Down 7.3%
Ferrrari 360 Modena Down 2.5%
Ferrrari 512 BB Down 2.6%
TVR Cerbera Speed Six Down 7.6%
Call us now to discover the 84 cars that will double in value over the next 3-6 months.
Zenvo Automotive are moving ahead with the 1177 bhp TSR-S Hypercar.
The new Zenvo TSR-S should be quite a piece of engineering.
Using the Lotus Esprit pioneered flat plane V8 technology that was created in 1996, the TSR-S should now be ultra reliable,and now that they have just opened a new dealership in Denver in the United States, the American population will have access to this great Supercar.
DOWN 99% for another Crypto product, while Collectibles sell for World Record prices
As we predicted, Crypto is falling yet again, 99% this time for Terra Luna, with the NASDAQ down another 4.3% today.
As the world's stock markets fall, inflation rises along with interest rates, people are looking for safe haven's with Collectible's. Three World Record's have been set in the past month, with the sale of an Andy Warhol painting of Marilyn Monroe for AU$278 Million (US$195 M), a Picasso yesterday for AU $96.2 Million (US$67.5 M), and a Mercedes Silver Arrow 300 SLR for AU$204 Million.
No wonder Investors are flocking through our door to get in on the hottest asset class that there is.
At $204 Million AUD, this Mercedes could have set a new World Record sale price.
As the values of all Collectible Cars skyrocket, it is no suprise that this rumoured sale may have occurred at this time.
Whilst the world has a few current issues going on, it is no wonder that great things continue in the Collectible Car Industry. It would appear that Mecedes-Benz may have sold one of it's two Silver Arrow racing cars, for US$142 Million, or AU$204 Million. Mercedes apparently contacted approximately 10 of the world's most affluent Collectors, and set very stringent sales criteria around the rumoured transaction. The potential buyers were believed to have flown into Stuttgart in a number of private jets on the 6th of May.
Click here to read this Article regarding the potential $204 Miillion sale
UP 462%, from $37,400 to $210,000 in 20 months for the Evo 6.5 Makinen.
Being 12-20 months ahead of the next booming Collectible Car is the only place to be.
Back in January 2020 we purchased 3 Mitsubishi Evolution 6.5 Makinen's from a formidable Collector for an average price of $37,400. Now, in May, 2022, many of the Collectors that we are having long dialogues with are offering an average of $158,000 for the same cars. Each example had an average of 52,381 kms showing on their odometers, along with complete Dealer History and servicing from new in every case.
What are the next boom cars ?...................We are purchasing them all now (including the V8 two door that's rising by $15,000 a month), and so call to become part of the fastest rising asset class.
Click here to read about this great $210,00 Evo 6.5 Makinen, UP 462% in 20 months
Collectible Cars UP another 38% Nasdaq DOWN 20%, Dow and S&P 500 DOWN 10% from their highs.
As the U.S. Stockmarket moves into serious correction territory, our cars just continue to boom.
With fears of rapidly rising inflation, the U.S.A markets have tanked, closely followed by some other global markets. Meanwhile, Collectibles in general are rising rapidly, primarily because none of these things are being made anymore. Andy Warhol's painting of Marliyn Monroe just sold for $195 MILLION, because there is only one of them. Ferrari 250 GTO's sell for up to $70 MILLION because there were only ever 39 built. Our cars rise in value all the time because they are rare, and are never ever going to be built again.........ever. All that is required is to know which ones will boom, and which ones will stagnate.
Will the sale price be $1,200,000 or$1,500,000 for this RS 2.7 Carrera Lightweight ?.
Another Lightweight version of the famous RS 2.7 Carrera is coming up for sale at R.M. Sotheby's.
Yes, it is time to get the cheque book out again, as there were only 200 Lightweights built, and so here is a chance to purchase a rare Porsche that will actually always rise in value, rather than rise on hysteria, and then drop like many Porsche models do. This example has even had the boot straps replaced with the M472 lock mechanism.
ONLY 17% UP over the past 3 months for BMW's 325i, with Lotus Europa T/Cam Special up 15%.
Very modest gains over the past 3 months, with the usual big brand names dropping fast during a time of change.
The past 3 months have definitely been volatile, with a war in Ukraine and increased global inflation, with interest rates following on fast behind. Now that Australian property prices are just about to go into freefall, we are being totally inundated with new investors. This excellent data supplied by Russ Smith on page 17 of Thoroughbred and Classic Cars (June 2022 edition) reports all of the sales for the past quarter, and again it clearly shows that sales are a little subdued, with only 17% growth for a BMW. That said, the Vauxhall Cresta is up 51% !!. Naturally, another Ferrari is DOWN this quarter, and this time it's the turn of the 400 Superamerica, down 7%. The Porsche Carrera 3.2 Supersport is down again...........this time another 2.9% to make it 15.8% for the year. That is why we move these cars onto new custodians..........fast !.
Here a few examples of the cars that people that purchase from advertisements and auctions have been acquiring :
The rising Collectible Cars
Lotus Europa Special Up 15%
Ford Sierra RS Cosworth Up 9.7%
Renault 5 GT Turbo Up 11%
Vauxhall Cresta PA Up 51%
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
Porsche 356 Speedster Down 2.5%
Ferrrari Testarossa Down 2.9%
Ferrrari 400 Superamerica Down 7.0%
Porsche Carrera 3.2 Supersport Down 2.9%
Call us now to discover which cars will almost double in value over the next 3-6 months.