The economics of classic car investing?
Posted: Thu Apr 26, 2012 1:16 pm
http://www.telegraph.co.uk/finance/pers ... tment.html
Interesting but not much depth in this article. I partly bought my 356 as an alternative to my stock pension. Which have gone sideways for the 16 years I have been working (dotCom and credit bubbles). Anybody have a more informative article or opinions? I certainly agree with the flight to quality arguement but these cars as investments do have a high cost of carry and no real transparent market where prices can be seen if you didn't love the car you probably wouldn't invest?
Interesting but not much depth in this article. I partly bought my 356 as an alternative to my stock pension. Which have gone sideways for the 16 years I have been working (dotCom and credit bubbles). Anybody have a more informative article or opinions? I certainly agree with the flight to quality arguement but these cars as investments do have a high cost of carry and no real transparent market where prices can be seen if you didn't love the car you probably wouldn't invest?