Best Classic Cars to Invest in
- Posted by:
- Posted date:
In the medium and long term, classic cars are a fascinating class of alternative assets. Classic cars are an especially interesting investment because they provide better returns compared to ordinary asset classes, not to mention more that they are more gratifying to own and admire.
For those looking to invest in a classic car, you should not look to spend anything less than £5,000 unless you are planning a complete restoration.
Ford Capri 2.81 Special
Price Range: £10,000 - £15,000
This car has been for a long time referred to as the Aston Martin for the poor man. The prices of this British made muscle car have gone up in recent years. In retrospect, this coupe was destined to be a Mustang, especially, designed for the European market. Its designers borrowed a few parts from the Cortina and allocated lots of power to the rear wheels.
Price range: £7,000 – £12000
This model succeeded the celebrated E-type, one of the most iconic models of all time. It is always a model luxury cruiser. The car is powered by a capable and smooth V12 engine. This stylish Jaguar grand tourer is perfect for consuming long distances; ideal for those weekend getaways and head-turning on the motorway.
Volvo 1800 ES
Price range: £18,000 – £20,000
This car might at first glance not appear to be a sound investment decision, but the Volvo 1800ES is an outstanding model. It's bold design is evocative and attractive. This 60s sports car became famous as driven by Roger Moore in The Saint. Not only is it very different from the usual Volvo designs, it's also mechanically reliable.
Peugeot 205 GTi
Price Range: £8,000 - £15000
This car was the ultimate early 90’s and late 80’s hot hatch, commonly spotted in supermarket car parks in its hay day. The 205 GTi was launched in 1984; equipped with a 1.6-litre engine perfect for 104bhp. This make is a combination of snappy handling coupled with a lightweight build. It is designed to set the standard for compact performance.
Mercedes Benz 190 E
Price Range: £2000 – £7000
This might look like an ordinary saloon car, but looks can be deceiving. This being case it does not look like a sound investment. This is partly because there are many that were produced. However, there are certain aspects of this German-made cruiser that make it worth investigating and a worthy investment option.
Mazda MX-5 Mk 1
Price Range £3,000 – £6,000
This car’s legendary status makes it an obvious choice; it is a wise investment. This car has been produced in Britain since the 50s. Later on, the Japanese made several improvements to it on the front engine and rear wheels. The Mazda MX was unveiled in 1989. It provided its users with reliability that lacked in most of its European cousins.
Lotus Elise SI
Price Range: £10,000 - £15,000
Launched in 1996, this car still maintains its attractive and evocative nature to date. It was designed as a minimalist sport car, focusing on speed and the driving experience. It has an aluminium chassis with hand-finished glass fibre. This roadster offers great fun when driving; it is built in true Lotus fashion.
Price range: £5,000 – £10,000
This is a collaboration between Porsche and Volkswagen. The 924 was designed to be an entry level sports car for Porsche. The Volkswagen version of the car was never manufactured, but the Porsche model was manufactured in 1975 and became an instant favourite and remained an iconic model to this day.