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The Financial Times comes out backing Classic Cars again

April 11, 2016
The Financial Times comes out backing Classic Cars again

The Financial Times is talking Classic Cars again.........

Many will read the article that we have placed in our "News" section with eagerness, awaiting tips and ways to get "The jump" that all our clients are always asking us to give them, by buying the "Next Big Thing" in the market.

If so, they will be disappointed. Whilst this article highlights the point that the writer (Daniel Pembrey) could have set himself up for life through some of the Classic Cars that he either sold or did not purchase, it equally discusses some of the options for Classic Cars moving into the future.

Whilst all agree that the gains of the 2014-2015 may not repeat throughout 2016 and onwards, most agree that solid growth is still going to happen, as long as one is purchasing the right cars. This is something that we have noticed this year, as prospective purchasers look more closely at the Provenance of the cars, and are more careful with the makes and models that they choose.

Interestingly, while the market in Europe went flat throughout August, September, and into early November, 2015, what happened afterwards leading into 2016 was extraordinary. Some of the Classic Cars that we own, and thought had no immediate further growth in them, suddenly took off again.

Therefore, it is still the same story in a new year. If one purchases the right make and model of car now, it will always be worth much more than you paid for it in two or three years from now, and you can be ceratin that the growth will be a long way ahead of any other type of investment.

Please call us for guidance on your next purchase, as we are now out buying 5 of the 7 "Next Big Things" !

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