Our predictions from July the 15th, 2016, again in 2017 and once again on July the 23rd of 2018 have now come true.
In tonight's ABC 7.30 report, yet another part of our overall predictions (see our News Items on those dates) regarding the future of the Australian housing market has come to fruition. In this report, it is confirmed that 1.2 Million Interest Only loans are due to rollover into Interest and Principle exactly when we said that they would, in the months of October and November, 2018. Many will not be able to pay the increased Mortgage payments.
Classic Cars are the ONLY solid investment left !
From early soft-window Targa 911's through to GT3's...........
This Collection has something for almost every Porsche enthusiast.
As Range Rover Classic 2 doors continue to explode in price, here is a fantastic 1977 restoration for AU$220,000
Yes, as we all know Range Rover 2 doors are just going up every day, which is why we have so many of them. Now even the post 1976 examples are fetching great money.
Jaguar have a look at Rallying, with an F-Type !
This event appears only to have been for a bit of fun, or was it ?
$39,500 is the price for this great MKIII Supra.
Following in the footsteps of, and now joining the JZA80 Toyota Supra, is the less well known MA71, which was also a great car. Several of these great cars have sold amonst Collectors over the past 5 weeks for rapidly rising amounts.
Whilst select Japanese Classic Cars have become part of the mainstream boom in prices, it is still the "special" ones that receive all the attention.
The legendary Land Rover Series 1 just keeps on giving !.
This one is a very early (1949) "Lights behind the grille" Land Rover 80'', and has been fully restored. That said, it still surpasses the £50 and 60,000 ($92,000-$111,000) that we have seen previously.
The latest article in Money Magazine has hit the shelves, and is now on sale.
Mark Haybittle has given his views on the market over the past 12 months, as well as his predictions for what is coming next.
Now that many are catching on that Japanese Classic Cars are continuing to skyrocket, this great car is part of the movement.
Whilst this car is rather special, it is indicative of the movement. This car is one of the rarer Mirage RX7's, and is indeed a lovely example. Another Series I RX7 sold for $55,000 last year through Shannons Auctions, and so this car is well priced. Fortunately, we purchased plenty of Mazda RX7's throughout 2016 and 2017 for $5.5-7000, and so are excellently placed to capitalise on the boom in Japanese Classics. Why not call to discover the next Classic Cars that are about to boom ?.
Yes, another great example of a Nissan Skyline GTR R34 V-Spec II is for sale, as they continue to boom in price.
As the tsunami of Japanese Classic Cars and Modern Classic's gains momentum, we are on board all the way. In the wake of the AMP, one of Australia's great Corporate Icons crashing by 24.5% on the stock market yesterday, it is great to be investing in an asset class that always rises............Classic Cars !.
One of Australia's most respected economists is now saying that a Property Crash is possible.
Yes, as we predicted on July the 15th, 2016, again in 2017 and once again on July the 23rd of 2018, property values are heading South fast now........
Yet whilst this is happening, even we are suprised by the way that the media have jumped on the "Negativity Bandagon" to point out to anyone listening just how rapidly the fall is taking place. Whilst we sold all of our property last year ahead of the downturn, we cannot help feeling that the media's over-reaction to what is simply part of a cycle, may lead to the sinking of the ship.
Fortunately Classic Cars always rise unless one purchases the wrong cars, as some Ferrari and Porsche owners are now discovering. One or two Ferrari's have receded slightly on value, as we reported earlier this year...............which is why we do not ever hold Ferraris' !!.
Yes, this remarkable brand new 1964 Beetle with 23 miles on the odometer is for sale.........for $1 Million
As we all know, Classic Cars only ever rise in value, although this car's growth is slightly above and beyond the norm. The car was purchased by Rudy Zvarich in 1964 in Vancouver, Washington and was kept as a spare car, as he did not like the changes that Volkswagen were making to the Beetle at that time.
One of Peter Brock's circuit racing Commodore's set a new record for Australian Classic Car sales
This waa the car that won the 1982 and 1983 Bathurst 1000 races
Lada Niva's sold for just over $10,000 new when they first came into Australia
This Niva is slightly special though, as it competed in the 1981 Paris-Dakar Rally. This classic will be auctioned alongside an Aston Martin DB4 GT, as well as a 1971 Lamborghini Muira.
Mayfair is one of the most exlusive and expensive areas of London, and now it is home to a Classic Car Showroom.
Aston Martin are now taking their Classic Cars so seriously that they have opened and exclusive showroom to cater for the demand. With an Aston Martin prototype achieving over $21 Million at Monterery Car Week in August, prices are rising fast as demand for real cars with charachter increases.
HPS Investment Partners LLC have used one of their subsidiaries Woodham Mortimer to purchase J.D. Classics, after they went into Administration
In a move that is becoming very frequent now, major Investment Companies in Australia and across Europe are Investing in Classic and Modern Classic Cars, in the wake of a shaky Stock Market and falling property prices. It would seem that the wise money knows a great thing when they see it.