Russia's Classic Car market is also booming
While the whole of Europe and the United States has embraced Classic Car Investing given the huge rises in value, it has been easy to not notice the other markets. Russia is one of those fast emerging oppurtunities.
$399 Million worth of Classic Cars sold at 3 auctions
Three of the major auction houses recently sold $399 Million worth of Classic Cars, and here are some of the prices paid.
Choosing the right time to buy and sell Classic Cars
Whilst most European makes and models of Classic Car have risen year-on-year, and are now rising even faster, the American Classics have not always enjoyed the same rate of growth. This article tells part of the story.
10 Classic Cars that have doubled in 5 years
Lee Boyce brought wrote an article detailing 10 Classic Cars that had doubled in value in 5 years, in April of this year. In the article he outlined some cars that in some cases had increased in value by 218%, and has a comparison graph with the FTSE and gold.
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.