Alternative Classic Car Finance options
Traditionally there have been some finance companies that would not lend against Classic Cars, and despite that trend changing fast, some companies are already real specialists in this area of finance.
Long Term Classic Car Investments
As we all know there are massive gains to be made in exactly the right makes and models of Classic Cars in the short term year-on-year, although here is Shortlist's group of long term achievers.
$64 Million Ferrari 250 GTO may not be genuine
Within one of our recent news articles, we reported upon a Ferrari 250 GTO that was advertised in late July, 2014 on a German website, although it would appear that there is a question mark over it's originality.
Government Minister suggests spending pensions on Classic Cars
An article written in May, 2014 reported that a Government Minister in the British Parliament had caused some interesting reactions after he suggested that pensioners would be free to spend their savings on a Classic Car due to some changes that have occurred in the pension rules there, given that savings in a bank account would yield 0.5% at best.
$64 Million could be the new price for the Ferrari 250 GTO
The last price that a Ferrari 250 GTO sold for was $52 Million, although that now looks like history, as another Ferrari 250 GTO has been advertised for $64 Million, and if sold will become the world's most expensive car, despite having sold for just $2500 in 1969.
How to get rich quick : Buy Classic Cars story from CNN
A CNN story that featured a report of a New York City sale of 31 Classic Cars by Sotheby's found it's way to some very interested readers that were not at all interested in automobiles.
$150 Million Classic Car Fund part of the rush of Hedge Funds into Classic Car Investment
There has been a rush of Hedge Funds and Classic Car Funds into the Investment space of Classic Cars recently, with 3 new Funds having been launched in the last 3 months, following the creation of two funds in 2011, including the Classic Car Fund in the United States.
$32 Million paid for a 1954 Mercedes in need of restoration
An article speaking of investing in Classic Cars featured a 1954 Mercedes race car, and announced the sale of this car for $32 Million, out-performing precious metals.
" It's a Stag " is the latest episode of " For the Love of Cars "
The latest episode of " For the Love of Cars " aired last evening on the ABC in Australia, and featured the very controversial Triumph Stag.
$170 Million purchase of Classic cars made by Jaguar/Land Rover
A Classic Car collection of 543 cars that was owned by Dr. James Hull has been sold to Jaguar Land Rover, who have purchased the entire collection.
By: Isla Binnie
IMOLA, Italy - Twenty years after Ayrton Senna died at Imola's race track, the town is gearing up to honour a Formula One driver it remembers as much for his charity and charisma as his three world championship wins.
Paul Fraser, Paul Fraser Collectibles
Sleek fender lines, chrome grills, plush vintage interiors... No wonder the international designer Ralph Lauren once described classic cars as "moving works of art."
David Atkin, LinkedIn
Classic cars are a good investment that more people need to pay attention to, more people need to see the value in them and restore them. There are of course survivors out there that need no heavy restoration work and these are the truly valuable cars.
Inaugural event set to share expert knowledge on classic car market
By: Steve Linden
Any regular reader of this column will know that I have long advised collectors to buy a classic car because they want it, and to “leave the investing to the investors.”