Top 10 Most Investable Classic Cars | MyArtBroker | Article (2024)

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Top 10 Most Investable Classic Cars | MyArtBroker | Article? ›

Classic cars fluctuate in value, but they can appreciate over time rather than depreciate like a modern car does.

Classic cars fluctuate in value, but they can appreciate over time rather than depreciate like a modern car does.

The MG marque has been revived with a series of SUVs and electric vehicles but the classic MG scene is still very much alive and kicking. The MGB model was offered as a convertible or coupe and also had a range topping MGB GT version which we'd suggest keeping an eye out for.

American models from the 1950s (beautiful rides like Cadillac Eldorados, Lincoln Continentals or Ford Thunderbirds) and reliable British and German classics (Jaguar, Aston Martin, Mercedes, BMW) are also good bets to appreciate over time.

For instance, if you purchase a vintage car that has 50,000 miles and you end up adding 25,000 before reselling, that will likely significantly reduce its value. On the other hand, if you purchase a classic car with high mileage, adding more miles won't impact its value nearly as much.

While it could indirectly affect classic cars and collectors, governments are more focused on limiting new gas-powered cars instead of old ones. In summation, classic car owners shouldn't spend too much time worrying about the future. New cars may be different, but there will always be room for classics.

“Regular maintenance from specialists who understand these specific models can mitigate some issues, but a higher frequency of breakdowns should be expected compared to more modern classics.”

What is the classic car market trend in 2024? ›

One of the biggest classic car market trends in 2024 is the shift towards cars and trucks made in the 1980s. This trend is attributable to millennials choosing the cheaper and more accessible 1980s models over their older counterparts when buying their first classic cars.

Savvy investors with an affinity for rare, valuable objects have made classic cars a valuable part of their portfolios. While collectors can earn big returns on such vehicles, many of them are car aficionados who find their greatest rewards come from the experience of owning and maintaining the vehicle.

The U.S. stock market is considered to offer the highest investment returns over time. Higher returns, however, come with higher risk. Stock prices typically are more volatile than bond prices.

Many people purchase collectible cars as investments because they can appreciate significantly in value over time. Many classic cars from the 1950s and 1960s, such as the Shelby Mustang, Chevrolet Corvette, and Porsche 356, are sought after by collectors.