Top Cars That Can Be A Great Investment For Your Future

Top Cars That Can Be A Great Investment For Your Future

While the housing boom is stealing headlines in Australia, there is another asset lying in sheds, garages and overgrown paddocks that can create a great tumult in the money market across the nation: classic cars!

Image Courtesy: dazmac.com.au

Costs of exotic and historic homemade cars are constantly growing in Australia and across the world. Even sometimes, classic cars are even outshining the proliferating housing market.

If you go 25 years back in time, some exotic cars were available at around AUD 25,000. Today, their cost has gone up to $1 million or even more. Some of them have even surpassed property prices if you consider it from that point of view.

Some people have a lot of money and they keep it aside for purchasing collector cars instead of purchasing something else as an investment, just because they love to look at the cars and enjoy being the owners of them.

Data from the yearly Knight Frank Wealth Report revealed that a “truly investment-grade car” purchased in 2004 would have appreciated by up to 487% over the past 10+ years. This shows that classic cars can easily be the best option for “passion” investment you can make, beating the popular items like fine art (252%), wine (234%) and coloured diamonds (167%).

A 1962 Ferrari 250 GTO Berlinetta that drew a record $52 million in 2015 only proved the findings of the Knight Frank Wealth Report.

Other European sports cars too are constantly gaining value. Classic Porsche models as well as more modern cars from the 70s and 80s such as Ferrari F40 and Lamborghini Countach are becoming increasingly popular.

Here are some of the cars that experts have rated as major investment material.

Blue-chip Cars

These cars, which can be imported through https://www.dazmac.com.au are exclusively for those who are ready to part with some big money.

European cars particularly from the 60s and 70s are trending, many of them earning 7-digit sums in Australia since their uniqueness increases with age.

Aston Martin

Aston Martin from the 60s and 70s are a great valuable to car collectors. The DB4, DB5 and DB6 all can fetch up to $1 million, in spite of being worth only half that amount just a few years ago.

Porsche 911

Running between 1965 and 1973, the ‘small bumper’ Porsche 911, was once the cheapest and fastest entrant in club-level racing. Today it is one of the costliest vehicles with a Porsche badge.

Ferrari

All Ferraris maintain their value, but some are standouts in terms of appreciation, especially GT Dino, 246 Dino, Daytona and 330 GTC.

Modern Classics

If you can’t spend $1 million but have got a decent sum, you have some more affordable options that can build wealth for you in coming years or at least hold their value.

Mazda MX-5

Considering the fact that it debuted in 1989, the first generation MX-5 of Mazda has stood the test of time fantastically. Fitted with a 1.6-litre 85kW engine, the initial examples of the MX-5 were perhaps the best. Visit https://www.dazmac.com.au/import-car-from-japan to know more about Japanese car imports.

Subaru WRX

The first-generation Subaru WRX which was made famous by the erstwhile world rally driver Colin McRae still remains a highly sought-after car.

Ford Focus RS

The redeeming feature of the first-generation Focus RS of Ford is exclusivity. Limited to only 315 examples in Australia, it still sits at the sharp end of performance courtesy to a 5-cylinder, 224kW/440Nm, turbocharged engine.

Mercedes-Benz C63 AMG

Mercedes-Benz C63 AMG is the last naturally aspirated V8 of its time having all the signs of a future classic including beautiful rear-drive dynamics, timeless proportions and a grand hot-rod note that will boom with enthusiasts for generations.

Image Courtesy: dazmac.com.au

So, if you want to make some serious investment, these are some great options you should consider. Choose among them and look forward to a great future.

Categories: Automotive

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