What is today’s best investment? Which gives the best returns? The answer is classic cars, and in particular Ferraris.
Recently in the Financial Times a number of assets were analysed to see which gave the best growth over the last 10 years. A high-end New York residential property has increased in value by 72 per cent, whereas a similar property in Hong Kong has risen by 220 per cent, a figure more in line with the performance of fine arts, stamps and rare coins. None of these investments have, however, come close to the 395 per cent return on classic cars which, along with gold, continue to be the market with the best investment growth.
Classic Ferraris are leading the trend, in recent years regularly occupying the top slots in the list of 10 most valuable cars sold at auction with two examples of the 250 Testa Rossa having been sold at over $12 million, the second going under the hammer for a record $16,390,000. But this underlines a more general trend with all classic Ferraris as can be seen from the value reached by a long-wheelbase 1959 250 GT Berlinetta in 2003 – $1,195,691 – compared to a similar car which was sold in 2012 for $6,710,000, an increase of over 400%.
Source: Ferrari Media
Why buy Rare collectors cars, because they are beautiful, you can use them and they go up in value.
. The value of classic cars has jumped 39% this year, according to the Historic Automobile Group Index (HAGI), which tracks the financial performance of 50 rare and exotic classic cars. These cars have outperformed collectibles such as gold, wine, art, stamps and coins over the last 10 years. And more investors turned to cars after the global stock selloff in 2008.
Historic Automobile Group International (HAGI™) is an independent investment research house and think tank with specialised expertise in the rare classic motorcar sector. The group has created benchmarks which track this alternative asset class accurately for the first time, using rigorous financial methodology usually associated with more traditional investments. The HAGI Top Index is published on the Financial Times website.
A 1962 Ferrari GTO sold for $38,115,000 (£22,843,633 including premium) during the first of two Bonhams sales at Quail Lodge sale in Carmel, California, to become the most valuable car ever to be sold at auction.
Surpassing the current record of the highest priced auction car, also set by the British auction house with the sale of the Fangio-driven 1954 Mercedes-Benz W196 R F1 that fetched $29,650,095 (£19,601,500 with premium) in the Bonhams tent at the Goodwood Festival of Speed summer 2013,
Which Ferrari cars are the best investment : The Ferrari super Cars possibly.
- 1962-1964 250 GTO
- 1964-1966 250 LM
- 1984-1985 288 GTO (anniversary car)
- 1987-1992 F40 (anniversary car)
- 1995-1997 F50 (anniversary car)
- 1996 F50 GT
- 2003-2005 Enzo (anniversary car)
- 2010 Ferrari 599 GTO
- 2013 LaFerrari (anniversary car)
- Unusual one of versions, Unique colors
- Low milage
- The first and last of production line
- Celebrity (race car) owners
- Original cars matching numbers
- Accident free
- Race cars with trophies
- Certified cars
A unique Enzo in full visible Carbon.
A collection of 13 Ferrari cars are currently for sale, please offer me your rare cars.
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1) Blue: 1965 Ferrari 275 GTB 6 C(six carburetors ) aluminum bodyAsking Price $4,025,000.00 USDChassis # 08011Certified Ferrari2) Red: 1957 Tr 500 c
Asking Price $8,100,000.00 USD*
CHASSIS # 0686
I represent very wealthy Buyers and Sellers.
Ferrari 1951 195S Vignale 0151S
Ferrari 1955 250 GT Berlinetta Comp 0539 GT
Ferrari 1956 250 Tour de France 0619/0805 GT
Ferrari 1959 250 GT Interim 1461 GT
Ferrari 1960 250 GT SWB Comp 2025 GT
Ferrari 1963 250 GT Berlinetta Lusso 5177 GT
Ferrari 1965 275 GTB 4-Cam 0803
Ferrari 1966 330 GT 2+2 8409
Ferrari 1973 365 GT4 * 17261
Ferrari 1976 208 GT4 11468
Ferrari 1964 330 P 0818
Ferrari 1965 365 P2/3 0828
Ferrari 1968 365 Comp 12719
ASA 1964 Coupe 01018