This A.C. Ace roadster was sold in mid-March by H&H Classics during their event at the Imperial War Museum in Duxford.
This car was built in Thames Ditton, Surrey, on the 29th of May, 1963, and is one of 37 cars built. The sale is a tremendous example of the incredible depth of the Collectible Car Industry, and to the prices being paid even when a little work is involved.........
Prices are significant and will always rise when the correct cars are invested in, as we do.
The Reserve Bank of Australia has admitted that property prices will punge as interest rates rise repeatedly (as they always had to do !).
Now that the inevitable is coming to pass in line within all of our predictions, what will become of the Australian Investment sector ?. Well, from our perspective, things could never be better, as people flock into an asset class that always rises, and at the very, very worst, just flatlines, prior to the next big rise.
This article in the Australian Financial Review makes it very clear that the Reserve Bank of Australia has warned a 15% drop in house values, whilst the Westpac Bank is saying 14%, with the ANZ Bank talking of a 10-15% drop as interest rates rise back to 5.5%, which is below where they originally were.
This correction had to happen, and so the timing was always the key. Will the first rise occur on Tuesday ?.............we are certain that it will, as it just has to, to be in line with global events.
In the meantime, there are anothe 16 cars that we have just added to our ever growing list of fast market climbing Collectible Cars.
The amazing BMW 2002 Turbo is both extremely rare and loads of fun at the same time.
This great article from Petrolicious really sums up so very well why so many people are turning to cars built prior to the year 2000, which was 6 years before most of the automotive creativity collapsed, and we progressed to where we are now, with all cars being essentially the same. This article also discusses the way in which the turbo spools up on this great car, as well as straying into a discussion on the virtues of a good old H-Pattern the manual gerabox versus today's blip-quick automatics.
Our Investors are changing, as profits rise.
Over time things change, and that is certainly the case as we embark into the next, and arguably most exciting range of high return Collectible and Classic Cars. As this News Article highlights, the new demographic are cashed up and know exactly what they want..............The cars that we have !.
Call us now to get in on the action, before you miss out.........again.
Massive sales, records broken, new online auction sites built and world record sales are all in a years work for this incredible industry
As this New York Times article reports, all records are currently being broken and everyone's investments are rising rapidly.
Yes, now Chassis Number 23 is finally up for sale.
This great car could be secured for just $2.5 Million (£1.4 Million), and is undoubtedly a very fast piece of history.
Dave Kinney gives us the lowdown in a great You-Tube video.
Dave explains how the boredom of being locked down in 2021 saw the boom of a couple of auction websites along with increased social media activity that resulted in a new global movement, although goes onto point out that it is always specific cars that see the greatest gains............hence why we do what we do. One just has to know which cars are the winners, and which are the losers....
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 guard going on, and 2022 is no different in that regard. Specific cars from bygone years are falling out of favour, 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, the smart investors are now placing their money into the safest asset classes on the planet, which for the first time 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.
As the Collectible Car Industry continues it's endless expansion, this report highlights so many cars that have sold for way above the auction estimates, as is usual these days.
As people continue to flock into real cars that actually drive properly, with brakes that feel like they work (without 4 ECU's between the driver and the road), a throttle that is connected via a cable on not a piece of software, and steering that let's the driver know exactly where the wheels are pointing, prices just continue to set new records. Naturally, all of the cars listed have now reached their peak (now that they are in the public domain), and so we move onto the next 84 cars that will double or triple in the coming months.
As the chip shortage causes new car wait lists to grown well beyond 12 months worldwide, everything not new is soaring.
This News Item from Fox Business indicates how even the humble Toyota Camry, many mainstream Ford models and practically the entire world of secondhand cars is experiencing a sustained boom. Naturally, our rare and hand selected cars are rising much. much faster than the conventional road cars. Call now before you miss out................yet again !.
As featured in our news Item of March the 2nd this year, Colin McRae's Ford Focus WRC car was auctioned by Silverstone Auctions.
For those that know this car, the sale price was really no suprise, given the Legend that drove this car. Other great results were the 1985 Audi Sport Quattro S1 E2 Group B that sold for $522,300, as well as a 1988 Rover Metro 6R4 Int Spec Rally Car that sold for $351,560.
Yet another World Record Auction price was set for a 1995 Daimler Six (X300) with just one owner and only 1,512 miles from new, which sold for $65,290.
Why have we never hung onto F40's or Carrera RS's ?.
We never hold Collectible Cars that are subject to volatility, and the values if which are driven by metrics that we cannot control.
As this great News Article from late last year by Motor Magazine explores, the cars that we have invested in will never ever come down in value, and will just continue to boom as supply becomes reduced, and demand continues it's very strong upward move.
As we have always said, one has to know what the market will do next.
As we have stated many times in previous News Items, knowing exactly which cars will rise in value and when is our I.P., and includes warnings with regard to some cars with famous badges. In the excellent data supplied by Russ Smith on page 17 of Thoroughbred and Classic Cars (May 2022 edition) for the past quarter, we see that the Porsche 356 is down again...........this time another 2.4% to make it 13.2% for the year. That is why we move these cars onto new custodians..........fast !.
Within the same quarter we also see that the humble Ford Cortina has come of age, rising over 18% over the period, no doubt buoyed by the Savage V6 1600E sale a while back. That car was the Holy Grail of all Ford Cortina's, that came new with Lotus suspension, a wood grain dash and door cappings along with a 3 Litre V6 engine.
Notably, it is great to see that the Lancia Beta is now experiencing a boom (up 50%), and this comes on the back of many other early Italian cars having become unattainable for many people. It is also great to see that the Toyota Supra Turbo is up another 25%, which has been on a path of re-discovery by the retail public for a little while now. Here a few examples of the cars that people that purchase from advertisements and auctions have been acquiring :
The rising Collectible Cars
Ford Cortina MKII Up 18%
VW Corrado G60 Up 25%
Lancia Beta Saloon Up 50%
Toyota Supra Turbo Up 25%
It is of course too late to capitalise on the values of these cars, as they will now stop growing, and so we move on into the next 84 great Collectible Investment Cars that will boom in 3-6 months time.
The dropping Collectible Cars
Lamborghin 400 GT Down 2.4%
Maserati Quattroporte Down 4.3%
Ferrrari 250 GT Cabrio SE2 Down 4.5%
Porsche 356 Carrera 2 Down 2.4%
Call us now to discover which cars will almost double in value over the next 3-6 months.
In the race to secure an early Mitsubishi 3000 GTO before they pass $100,000, ALL are sold except 2 Non-Turbo examples.
Whilst Carsales is no real measure of the Collectible Car industry, it is interesting to note that for the first time ever, there are NO early Z16A 3000 GTO Twin Turbo's for sale in Australia..............anywhere !. Thankfully, we have loads of them !.
Do we all recall when there were plenty of 1992/3 Gen I 3000 GTO Twin Turbo's for sale for under $30,000 ?...............last year !.
Call us now to to find out which cars are about to explode in value and price (think 't').
As we have always said, Collectible Car Investing is all about when to purchase, and when to sell, just like the Stock Market.
Why did we build up such a plentiful supply of Mitsubishi 3000 GTO's ?. It was because we knew that the new World Record sale price was coming. Most people have now missed out on the great Twin-Turbo Mitsubishi with 4WD, 4WS, Active-Aero with awesome road manners along with a great look......forever. Now that the car has been re-discovered, prices will explode.
Call now to find out all the cars that we are purchasing ahead of them doubling and tripling in price.