As Axius Holdings and other mainstream Hedge Funds get into Classic Cars, new buildings are popping up to house the acquisitions.
As BNY Mellon Wealth Management in Atlanta has said ""It’s gone from people wanting to have the great contemporary art collection or collecting wine to what we’re seeing now: rich people are going after cars."
St. Moritz was certainly the place to be last weekend, for the International Concours of Elegance (ICE).
Owners of REAL Classic Cars adore driving them in the manner that they were built for...........fast, and sideways.
With values of European Suffix A's and B's (1970-71) at over $240,000 overseas, this wonderful restored Range Rover is a great buy.
Just 18 months ago the highest priced Range Rover Classic on Carsales.com.au was $15,600. Now that figure is $140,000, an increase of 900%. That said, this Range Rover represents excellent value at $140,000, as prices will continue to boom as more fully restored examples trickle onto the market in Australia.
Corelogic is Australia's leading Property Price data researcher, and when they say it's bad, that is notrhing in comparison with what is coming (as we have predicted in 2016, 2017, 2018 and now)
We sold all of our Sydney property in 2017, and then invested it onto Modern Classic and Classic Cars. All of our mainstream investors are doing the same, in the mad scramble to get OUT of property investing, where the market will drop another 30% yet.
Property is down 13.2% so far across the 2 major cities, whilst Classic Cars continue their 20 year non-stop rise of 11.8% per annum. Why do you think that there are all these Classic Car Auction centres opening up all over Australia ?. It is an absolute No-Brainer.
There was one era of Formula 1 and road cars that synergised perfectly......
The JPS black and gold era was arguably one of the most stylish ever. This article from back in 2016 unearths why simplicity can often win out.
Yes, just one week after the record price of $131,250 (£70,875) was achieved in November, 2018, this car was sold.
The Ford Escort MKI does have such a major following that prices of great classics like this one will always be rising.
Prices are now $40,000 plus for these great cars, as the new revolution continues unabated.
So how far will they go ?. Where will the value curve stop ?. Call us to find out what price they will top out at and when. We purchased loads of these great cars last year for very, very little indeed, and are now reaping great rewards from our GT's/GTO's as well as all of our Investment Cars, all of which have less than 70,000 fully documented kms on the odometer's.
In line with our predictions, the Australian property value drop is accelerating.
As we said in our News Items of 2016, 2017, and 2018, Australian Property was always in for a significant correction. Meanwhile, our Classic Cars continue to gain value by between 12 and 28% every single year.
There has been much said about Electric Vehicles.
Here is one man's experience of such methods of transport in 2019.
SOLD for over $200,000 !. Yes, people are catching on to what Classic Car Investment can be all about.
Finally the Classic Car Investing World is allowing 1980's and 1990's Modern Classics to take some of the glory. They are becoming part of the new wave of investing, and together with the recent massive gains seen in selected 80's and 90's Japanese Classics, the move is on. Thankfully we are right at the front of it with all of the correct cars now in place.
Now that Toyoya MR2's are well into their growth cycle, many of our Investor's are asking to know more......
We began purchasing these great little Classic's 18 months ago, well ahead of the rise, because where else can you purchase a totally reliable, mid-engined (sort of) great handling and braking mass produced sports car ?.
The wise have always understood the requirements to build a real drivers car.
Now other people are catching on...........
Low weight is everything in a motor car. Just look at Formula 1.
Low weight with modest power results in an awesome handling and braking performance car.
Finally Holden could become self-funding.
Following decades of being propped up by the Australian taxpayer, the brand of Holden could finally turn a profit. The British company Inchcape are now exercising their due dilligence on the Holden brand operation, and if it works out, then we could finally see something exciting (and realistic) happen with all of the Opel branded range becoming available in Australia.
This is where the early Supra will stop ascending in value.
Thankfully, we purchased many of these cars a short while back for $3-6,000.
Call to discover the next Classic and Modern Classic Cars about to boom.
We purchased loads of DB7's a short while ago, in preparation of the coming of age.
Now that the Aston Martin DB7 has turned 25 years old, it has become a "True Classic", and as such, will see prices skyrocket. The DB7 will be the main feature of April's very prestigious "Simply Aston Martin" event.
Whilst we love all of our DB7's, we may have to let one or two go in the forthcoming price boom. If you would like to know which cars will boom next, please call us.