We said it before and we will say it again, when it comes to investing, classic cars are an absolute winner. The demand for vintage cars is rising and has seen a 430% rise (according to Knight Frank’s Luxury Investment Index) in value over the past 10 years. Last year, a 1954 Mercedes-Benz was sold for $29.6million – the largest amount ever for a car at a public auction.
What’s more, investing in classic cars will quickly become a passion project as well. Though maintaining it can get pricey, the enjoyment of having tangible that can be passed down through generations is a major plus point. Saying all this, you absolutely must be smart in your investments. Check out The Gentleman’s Journal’s top picks for investing in classic cars right now.
Jaguar XK120
The XK120 is the thinking man’s E-Type, a more rare model selling half the price. One of Jaguar’s all time classics, it was manufactured between 1948 and 1954 and its sporting shape and potential top speed excited the public and made it a legend across continents. It had massive competition success as well, most notably winning the 1949 Silverstone Production Car Race, the first big motor race since the war in which production cars would be compared. A stunning blend of performance and style.
BMW 3.0 CSL
“The autobody of the coupe required the hand of a real gentleman to steer it, the missing b-pillar and small window posts accentuate its lightweight but conceal, as in the case of a true gentleman, what is hidden beneath the sheet metal tuxedo.”
Built between 1971 and 1975, the 3.0 CSl was modelled off the hugely successful 2000 CS coupe and was for many a symbol of prestige. Its 3.0 litre engine, Dosch D-Jetronic fuel injection and 200 horsepower at 5,500 rpms per minute cover everything you can need on the inside and the stylish and elegant visuals make this model an all round winner.
Reliant Sabre Six
Produced between 1961 and 1964, this bodywork on this model was much neater and more attractive with a short nose bonnet and rounded real wheel arches. Autocar Magazine praised its driving position and visability. This might be a bit of a wild card but with AC Aceca trading north of £100k this low production car has the potential to double your money. Now just to find one for sale….
Jaguar Mk 2
The original fast compact saloon that BMW M3 and many others followed, this is a British classic with stacks of elegance and power. Made from the late 50s to the late 60s, this model found sucess in the European Touring Car Championships.
BMW 2002 tii
This is a rare model and always collectible by those that are in the know. A top vehicle of the BMW programme and considered by many as the most impressive of all the 2002 series, it even helped bring BMW back from the brink of bankruptcy. Impressive but not boastful, it has a 130 horsepower at 5700 RPM and top speed of approx 118mph.
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