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Written by Craig Jamieson
If you"re anything like us, you spend a large (some might say unhealthy) amount of time on car auction websites, hunting for forgotten gems that haven"t taken a leaf from the classic Porsche handbook and skyrocketed in value. Well, not to be enablers or anything, but we have some excellent news: it appears that you can financially justify filling your garage with a carefully curated menagerie of classic metal. Yep they"re an investment. In fact, second only to jewellery (which we presume includes watches), cars are the best-appreciating investments you can make these days, according to industry specialists from global art insurers, AXA Art.Of course, if you"ve seen the values of E-Types, classic 911s and Italian classics, this may not be entirely surprising. But in a world where traditional markets are more unsettled than ever, due to shifting socioeconomic and political landscapes, there"s safety in tangible commodities. Put simply, if you invest well in art, jewellery, watches, original pressings of The White Album or anything of the sort and, crucially, keep it original and in good nick you"re on to a winner.
Date written: 11 Nov 2017
More of this article on the Top gear website
ID: 9906
If you"re anything like us, you spend a large (some might say unhealthy) amount of time on car auction websites, hunting for forgotten gems that haven"t taken a leaf from the classic Porsche handbook and skyrocketed in value. Well, not to be enablers or anything, but we have some excellent news: it appears that you can financially justify filling your garage with a carefully curated menagerie of classic metal. Yep they"re an investment. In fact, second only to jewellery (which we presume includes watches), cars are the best-appreciating investments you can make these days, according to industry specialists from global art insurers, AXA Art.Of course, if you"ve seen the values of E-Types, classic 911s and Italian classics, this may not be entirely surprising. But in a world where traditional markets are more unsettled than ever, due to shifting socioeconomic and political landscapes, there"s safety in tangible commodities. Put simply, if you invest well in art, jewellery, watches, original pressings of The White Album or anything of the sort and, crucially, keep it original and in good nick you"re on to a winner.
Date written: 11 Nov 2017
More of this article on the Top gear website
ID: 9906
