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Hagerty report that Classic Cars became younger in 2021, as well as booming in value in Australia

by JOHN WILEY for HAGERTY INSIDER | April 7, 2022
Hagerty report that Classic Cars became younger in 2021, as well as booming in value in Australia

As we all know, some of the older Collectible Cars from the 1960's and early 1970's are fast being replaced with new market leaders.

There is always a changing of the guead going on, and 2022 is no different in that regard. Specific cars from bygone years are falling out of favour,m and rapidly being replaced by some real market disruptors that we are investing in heavily. Instead of the usual doubling and sometimes tripling in value of our cars over the next 6-9 months, this year things are looking to exceed the two previous years, which is rather difficult to imagine.

That said, the writing is on the wall, with worldwide turmoil and disruption everywhere, leaving the smart investors to place their money into the safest asset classes on the planet, which for the first tiome seems not to be gold. This time, all of the Investment Houses that we converse with are going into Collectible's, of cars, art and watches.    

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