Ferrari 275 GTB/C Speciale 1964, Classic Cars, Oldtimer, Oldtimer als Investment, Alternative Wertanlage
© R. Fancher Brinkmann

Classic car Investment

MARKET REPORT

Prices for classic cars have been falling since the latest peak in 2016. The sales of the large auction houses have plummeted.

After several months of downward movement at the end of 2019, the Hagerty Market Rating started the new year with a significant increase.

At auction, both the number of cars sold and their median sale price were up over the past months. Activity on the private market is up slightly as well. The number of both mainstream and high-end vehicle owners who believe that values are increasing is low. For high-end vehicle owners, the number is at its lowest to date. It could be a good time to buy your first classic car and thus increase the return on your portfolio in the long term.


BLUE CHIPS

The classic car market can be tough to predict. Only a few brands and modells can be distinguished as true "blue-chip" investments, because they are especially stable in value in all times.

FERRARI

The name Ferrari dominates by far among the blue chip classic cars. No other car manufacturer has created as many outstanding and particularly valuable models as Ferrari. However, there are also a few other names worth mentioning.

 

"High-speed dashes across the UK and Europe may be more a happy memory than a carefree practicality, but the Lusso, even at today's constrained speeds, still looks the same, makes the same noises, exudes the same irreplaceable smell from its well- nourished leather, gives the same feel of the road, retains the same silky steering, and, of course, they can't - aren't allowed to - make them like that anymore! "

Ferrari Owners' Club Magazine

 

Ferrari's history is rooted in the history of motorsport. It also reflects the history of the development of exceptionally powerful street cars that are characterized by a bold and distinctive design and technical solutions from the racing world. These cars, created in Ferrari's workshops in Maranello since 1947, are a perfect synthesis of technological research and craftsmanship that only the Cavallino Rampante can deliver. That is why they are designed for durability. Not only does a Ferrari Classiche owner have the pleasure of driving a rare or sometimes unique car, he also gets access to exclusive activities organized by the company for the specific type of vehicle in his collection.

 

This unique great passion is expressed through the worldwide celebration of the most iconic car anniversaries, direct (or supportive) participation in the most prestigious classic car events such as Le Mans Classic, Monaco Grand Grand Prix, Mille Miglia and Targa Florio, the organization of dynamic events aimed at the use of cars in exceptional situations, and elegant competitions shared by Ferrari and other organizations.

ASTON MARTIN

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BUGATTI

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PORSCHE

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MERCEDES BENZ

coming soon...


PROVENIENZ

We often hear of the word provenance applied to art. As applied to automobiles provenance is a basically a fully detailed, substantiated, chronological history of a particular automobile. A complete ownership history adds value to a vintage car. A high quality car with a documented, proven unbroken chain of ownership and significant, proven history in major racing or other events will quickly surpass the value of a similar car that features more questions than answers.

 

In 2015, auction house RM Sotheby’s sold a 2005 Ferrari Enzo for just over $6m, about eight times the highest value for the model in that year’s Hagerty Price Guide. What was so special about the car? Although it was the very final one produced, number 400 (when Ferrari had promised to make just 399) and showed just 179 kilometres from new, these facts alone couldn’t explain the huge amount someone was willing to pay for it. The answer lies in a hand-written line of text inside the vehicle’s boot. In Chairman of Ferrari Luca Cordero di Montezemolo’s distinctive handwriting is written,’ This Enzo, unique in the history of Ferrari, as a sign of solidarity for those suffering, inspired by a Great Pope, John Paul II.’ The car was offered by Ferrari as a gift to Pope John Paul II in January 2005, but with typical humility His Holiness thanked them but asked them to sell it with the proceeds going to the 2004 tsunami appeal. This they duly did, presenting the cheque to Pope Benedict XVI the following year.


Disclaimer

This website is for informational purposes only and does not contain any financial advice or advice regarding the value or likely future values of the investments discussed. The opinions expressed are subject to change without notice. Neither Brinks Investments nor the authors or publishers assume any liability for the correctness of the content.