Reports by Deutsche Bank and Société Générale released last November brought a stark realisation.
It has now been reported that 90% of all asset classes dropped in value throughout 2018. That is the worst outcome since 1920, when 84% of 37 asset classes dropped. It is probably about time to put more cash into one of the only remaining asset classes that is still growing and always will, due to the fact that no more Classic Cars are being made. A simple case of supply and demand. Call us to find out how.
The changing of the guard continues...........
As we have always said, Classic Car Investment is always and rapidly changing, and so we are always investing in the cars that we know will take off in 6-12 months time. We were purchasing certain Japanese classics 12 months ago, and now it is clear to see why, as the 2020 Supra sells for $2.1 Million. Interest in many of the 1950's and 1960's cars has been waning for a while now, as there are new kids on the block that offer a superior driving experience. Get ready for the new and exciting change that we told you was coming !. Clearly and obviously, all of our current Supra JZA80's, MR2's and other great Toyota's will all take yet another rise following this great result at the Scottsdale Auction. Call us to discover what the next trend will be.
There are 81 cars in this collection, which is eclectic to say the least.
This Lamborghini is number 118 of the 275 built.
An out of the ordinary High End Auction to remember.
As Rowan says, we can all become a little blasé about Classic, Modern Classic and Race Car Auctions, as we have seen so many cars over the years. This Auction however, is a little bit special..........
Birmingham blast off for the new cars and new line-ups in the WRC
Yes, the world's greatest motorsport show, the Autosport International added yet another feather to it's cap last weekend, with the official launch of the WRC. The powers that be have finally figured out that taking the sport to the people is the only way to promote such an awesome sport, and that television is essential !.
Jan does not have enough to use all his cars, so some have to go.......
Jan Koum was the founder of WhatsApp, and is looking to offload a few cars at the Amelia Island Gooding and Company Auction, on the 8th of March. Amongst the cars he has one of only 55 1993 Porsche 964 Carrera RS 3.8's , from which only 12 were painted in Speed Yellow.
Yes, the expected BH Auction sale price is between AU$980, 270 and AU$1,372, 400 for this timeless Japanese Classic
The car is a 1973 Nissan Skyline GTR KPGC110, and is one of 197 cars built at the time, and comes up for sale at the Tokyo Auto Salon.
Yet another of our purchases/predictions turn into gold....
Yes, having purchased many of these great cars some time back, and having reported on their growth in this column along the way last year, we now concede that they have defied even our expectations. We stopped further purchases of these cars some months back, although it now seems that they have taken off again. Call now to get into one or more of the next great growth cars, with the CORRECT 52 points of authenticity (or they are worthless).
Yes, once available a short time ago for $3-4,000, now the sensational WRX has hit Modern Classic status, and so are now $20,000 plus.
The GC8 Subaru WRX was indeed an icon in the making right from the start. This was the car that began the whole "Bang for your Buck" range of special cars with 0-100 kph in around 6 seconds along with 4wd traction. Yes, these cars took on the very best from Europe, and won on value for money. They did not have had the "brand name" or the same level of interior comfort as a European car, although they more than made up for it in just outright fun. Shortly after Subaru commenced selling WRX's faster than hot cakes, Mitsubishi joined in. There was a time in Sydney when it seemed that everyone had a WRX or an EVO...........
Mitsubishi Starion's have always attracted great interest
As the first rear wheel drive Japanese turbocharged fuel injected Classic, these cars were always destined for greatness. Fortunately we purchased several of these great cars during 2016 and 2017 for $1800-$2000 each.
We have mentioned them in our recent Blog that shows some of our purchases last year
A lovely story of automotive passion.
This article contains some great images, as Jannik is a photographer.
Yes, Bitcoin has continued it's seemingly endless drop in value.
Where will crypto-currencies end up ?. Well, like every new asset, there is the boom then the bust, followed by the eventual balancing of final worth.
Thankfully Classic Cars had their boom and bust back in the early 1990's and have grown endlessly ever since. Classic Cars remain the ONLY asset class to continue growing endlessly, because of one fundamental difference. There are no original new ones being built............EVER. When they are all sold, that's it, and with some cars being the only one left, or one of 39 or so globally, the demand will always remain.
Here are the Top 25 greatest sales of 2018.
There are definitely a few suprises in this comprehensive list.
There was something for everyone at Monza last month.
Yes, Group B Audi Quattro's, Lancia 037's, Ford RS200's, Porsche RSR, Lancia Delta S4's were all there, along with some major drivers as well. Cars were driven on the F1 GP track layout, as well as meandering in and out of the adjacent forest, which made for a real Rally atmosphere.
500% return over 10 years for some Classic Car Investors
As we have always said and continue to demonstrate, the CORRECT Classic and Modern Classic Car purchases offer the greatest return on investment of any asset class. This news article by Tim Smith delves a little deeper. Call now to get the inside running on the next 42 Classic Car's to boom in value during 2019.