But in comparison with the values of such luxury assets, classic cars have provided the healthiest returns since 2005, with average prices rising more than fourfold, according to the 2017 edition of the Coutts Passion Index. Sure, classic cars saw a short-term drop of 10.4% in 2016, but they are still the top performing asset, up 332%, over the 12 years captured by the Coutts report. The Knight Frank Luxury Investment Index on classic cars in the first quarter of 2018 says the slowdown from turbo- charged double-digit growth of recent years is largely because speculative investors have left the market. The really knowledgeable and shrewd collectors remain and they are still prepared to dig deep when they find a car they really want. Classic cars are also expected to increase as a desirable asset class in China and the Middle East. And let’s not forget, the appeal of vintage vehicles is not just financial, it’s emotional. What other passion investment gets hearts pounding and heads turning quite like being behind the wheel of your own Aston Martin, Lamborghini or Porsche?


PHOTOGRAPHY: 2006 SCARSDALE COUCOURS/BRETT WEINSTEIN


Below: A 1984 Ferrari 512BB Berlinetta ‘Boxer’ went under the hammer for almost $440,000 at the London Classic Car Show in 2018


Under the bonnet: where to begin


There’s a lot to think about when it comes to investing in that first magnificent motor. Insurance, transportation, event showcasing, storage, maintenance, and estate planning should be front of mind, says James Haithwaite, client services director and classic car expert at First Names Group.


“Buy the best you can afford, but equally do ensure the necessary due diligence is


completed and the car’s mechanical


condition is checked before a purchase is


made,” Haithwaite says. CAMPDENFB.COM 93


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112