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Investing In Classic Cars: A Remunerative Passion

Posted by on Feb 13, 2014

What is today’s best investment? Which gives the best returns? The answer is classic cars, and in particular Ferraris. Recently in the Financial Times a number of assets were analysed to see which gave the best growth over the last 10 years. A high-end New York residential property has increased in value by 72 per cent, whereas a similar property in Hong Kong has risen by 220 per cent, a figure more in line with the performance of fine arts, stamps and rare coins. None of these investments have, however, come close to the 395 per cent return on classic cars which, along with gold, continue to be the market with the best investment growth. Classic Ferraris are leading the trend, in recent years regularly occupying the top slots in the list of 10 most valuable cars sold at...

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