T I P S F O R F I R S T T I M E C L A S S I C

C A R I N V E S TO R S

2 | Tips for First Time Classic Car Investors

Tips for First Time Classic Car

Investors

The classic car market has become one of the safest asset classes for investment in recent years. Demand has been booming, with some of the rarest and most expensive cars ever made selling for tens of mi-llions of dollars at auction. While this places them way out of the price range of all but the richest classic car enthusiasts, there are still plenty of classics that can be purchased for less than the price of a new car.

Tips for First Time Classic Car Investors | 3

Right now demand is highest for cars from the seventies and eighties, as those who had them as children enter a position to be able to afford one.

-1- -2- -3-

Choose a Popular Era

Demand for classic cars tends to come from those who have fond childhood memories of a particular model the family had. This means that right now demand is highest for cars from the seventies and ei-ghties, as those who had them as children enter a position to be able

to afford one.

Think About Maintenance

Unless you’re handy with a spanner, you’ll need to consider maintenan-ce costs as part of your investment. However, these are often cheaper than on new cars as the mechanics are

relatively simple.

Be Prepared for Restricted Use

All cars are meant to be and should be driven, but classic cars are perhaps not best for regular commutes. Most insurance policies are reasonably affordable but come with a restricted

annual mileage agreement.

DISCOVER SOME OF THE MOST EXPENSIVE CLASSIC CARS IN THE WORLD BY VISITING THE BLOG OF BRIAN BARSO, DIRECTOR OF BESPOKE

CLASSIC CAR COLLECTIONS.