The rants and raves of Top Gear's most famous son...
Appreciating classic cars that have made big money in recent years
The classic car market can be a volatile place but the right car could become an appreciating asset that makes you a fortune. Incredibly Her Majesty's Revenue and Customs (HMRC) still classifies classics as 'wasting assets' - meaning profits are tax-free - and with interest rates at a historic low, canny buyers can still show a return even after paying back a bank loan. The trick is finding the right car.
Many of the amazing cars in this gallery may be far beyond your financial reach but the kind of percentage increases these models have shown in recent years can easily apply to affordable classic cars too.
Take the humble Citroen 2CV, for example. These cars were available for peanuts a few years back but now you'll be lucky to find a decent one for under £3,000. British company 2CV City is even restoring 'tin snails' and exporting them back to France where they fetch up to £11,000.
Used Citroen 2CVs on Auto Trader from £2,800
Who knows, make the right buy now and you could have the next Jaguar E-Type or even Ferrari Daytona on your hands. The mind boggles...
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Thought this was going to be a decent article, but it soon decended into unattainble supercars with little research - just the same regurgitation of auction prices.
Could have been interesting, but wasn't.
So, Cars worth investing in for the future, Citroen 2CV and exclusive elusive Ferraris Astons and Buggatis. What a load of tripe, nice pictures but hardly worth reading. Well Done MSN!!
This article is very subjective - there can be a world of difference between the asking price of a car/item than the actual sale price. An antique is only worth what a buyer is prepared to give. Many motoring journals have adverts for average cars at an extortionate asking price and the advert appears month after month as the price is more than what a buyer is prepared to give. The original MINI is a classic example where a good condition model is advertised at many thousands of pounds - Mini Vans or Pick-ups even more money. Are they worth this money? Who pays this type of money for a used Mini when one can purchase a used Rolls Royce for similar money?
making money is possible but is slow you need to buy the right cars at the right time
heres a couple of easy ones
sporting fords (puma's now £1000 ish will go high
the first xk8s now £ 4000_ 6000 & will rocket
the very 1st saxo vtr/s (nothing revolutionary but nor was the 1957 chevy!)
the big engined bmw 1 series coupe start looking once over 10 years old
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