Top 10 best classic cars to invest in
December 10, 2018
With dwindling interest rates, a volatile pound, and fears over Brexit, people are leaving the stock market and looking for alternative investment opportunities.
Reports coming from Germany are suggesting an investment that many of us may not have considered – classic cars! Jens
Berner, a vintage car expert, has suggested that for people with more than one million Euros in liquid assets, classic car investments can return an impressive yield with value stability.
To back up his claim, Suedwestbank – for whom Berner is a vintage car expert – started a classic car investment index made up of vehicles that are at least 30 years old. From 2005 to 2008, the index quadrupled.
It seems that classic car investments have the potential to offer a higher return than property, shares, and many other investments. As an additional bonus, you get the joy out of owning and driving a beautiful classic car.
Best classic car investment
After deciding to invest in classic cars, the question is, which are the best classic cars to buy for investment? Some research on the subject can give you an idea on the most appreciating cars.
However, here is a list of the 10 classic cars that will increase in value and which we believe make excellent cars to buy as an investment. As an added bonus, these are also great cars to drive should you want to use them day to day.
Alfa Romeo Spider
One car that has been tipped by many experts in the industry as one of the best investment cars to buy is the Alfa Romeo Spider.
A successor to the Giulia and Giulietta, the Spider first reached production lines in 1966 through to 1982. With a sleek Italian style and chassis that handles like a dream, the Spider is one of the classic cars that will appreciate over the years.
It is also a great buy if you are looking for something which you can drive and enjoy, and which will provide a great investment opportunity.
Although the Jaguar XJ-S never really lived up to its E-Type cousin – with comparisons being made from the moment it drove off the production line – people are now cottoning on to the fact that this is an extremely desirable tourer.
Manufactured from 1975 to 1996, the XJ-S is available as a coupe or convertible. The market is now waking up to the worth of this capable and reliable car and it is proving to be one of the best investment cars on the market.
Every bit the luxury cruiser and powered by a smooth V12 engine, a well serviced XJ-S is expected to be one of the classic cars that will increase in value over the coming years.
The Triumph Stag (1970 – 1977) was originally best known for its appalling reliability reputation. However, the reliability problems are relatively easily fixed nowadays and by now most of the initial problems with the engine – cracked gaskets and poor cooling – have already been resolved on the models currently in circulation.
Being the car of choice for James Bond in ‘Diamonds are Forever’, less than 26,000 Stags were built. Powered by a powerful 3-litre V8 engine, the four-seat convertible model is bound to increase in value and has been tipped as one of the best investment cars to buy.
As well as being an excellent classic car investment, you also get the joy of driving the Michelotti styled classic, feeling like Bond himself as you feel the wind in your hair.
BMW E24 6 Series
The BMW E24 (1976 – 1989) was the first generation of BMW’s series 6 tourers. With excellent performance, keen dynamics and sharp steering, the luxury saloon was both stylish and brilliant to drive.
With a selection of six-cylinder engines, the BMW E24 is a great purchase if you are looking for a trustworthy workhorse to drive on a daily basis with the added benefit of being a sound investment. BMWs are one of the most recognisable cars on the market and they continue to produce high-end, quality vehicles. Parts should be easy to come by for the E24 should they be needed.
You can enjoy the appreciating value of your investment while relishing the reliability and great build you would expect from BMW.
Ford Escort RS2000
Forget investing in gold or property. Ford cars are rapidly becoming the investment of choice when looking for a decent return on your money.
When considering which classic car to invest in, a Ford should feature high on your shortlist. Immensely fun to drive and instantly recognisable, the Ford Escort RS2000 Mk1 (1971 – 1973) tend to be rarer due to their age, but it is the Mk2 that seems to be the most appreciating car from the RS2000 range.
Not so long ago, Mk2 Escorts were two-a-penny. Rust and low values took a heavy toll on the number of cars in circulation. However, in a very short space of time, the Ford Escort RS2000 Mk2 prices have soared exponentially, with demand far outstripping supply.
Any car with the famous Cosworth engine is predicted to be one of the most appreciating cars in the coming years. With 10,000 punchy two-door saloons manufactured, they are not the rarest of cars, which makes picking one up slightly easier.
Be sure to choose one that has its original RS parts, making the Ford Escort RS2000 one of the best cars to buy for investment.
With an affordable price tag and sleek styling, the Toyota MR2 sports car encompasses everything we loved about 80s cars. Manufactured from 1984 – 1989, the MR2 was extremely popular due to Toyota’s excellent reliability and engineering record.
With independent front and rear suspension, a twin-cam engine and five-speed transmission, the sports car was a smooth ride and handled beautifully. With the iconic pop-up headlights, the Toyota MR2 has made the list of the best classic cars to invest in due to its dedicated following. A rust-free 125bhp AW11 model looks to be one of the most appreciating cars in the range.
When looking for the best classic car investment, you can’t go far wrong with the iconic Porsche 924. Rolling off the production line from 1975 onwards, the 924 was always considered one of the lower quality Porsches.
However, in recent years it has become the unsung hero in the illustrious history of the manufacturer, and the 924 is rapidly becoming one of the classic cars that will increase in value the most out of the Porsche portfolio.
Despite early criticism of the 924, by 1988 some 150,000 were built. They are currently relatively cheap to get hold of due to the number still in circulation. However, prices are steadily rising, making it an ideal investment car.
The more powerful Turbo or S models are the more expensive cars from the range, but are also two of the best investment cars as prices look set to continue to rise.
Volvo 1800 ES
Although the Volvo brand may not initially strike you as a brand that produced classic cars to invest in, the 1800 ES is no ordinary Volvo. After shooting to fame in as Roger Moore’s car in ‘The Saint’, the 1800 ES is an evocative and attractive 60s sports car. With all the reliability you would expect from Volvo, the classic coupe is currently one of the best-kept secrets in the classic car world. With its light controls, torquey engine and good safety rating, the 1800 ES is great for day to day use as well as being one of the best classic cars for investment. As you would expect from Volvo, the car just runs and runs with little needed in the way of replacement parts in comparison to other cars in the list.
Another Ford to make the list of the top 10 classic cars to buy is the Mk1 Ford Capri. Instantly recognisable, the punchy coupe was always destined to become a desirable classic car.
As one of the most appreciating cars at the moment, get in quick if you are looking to buy one of these as an investment. Particularly desirable models are the 280 Brooklands and the 2.8i Special, both of which that are expected to be the classic cars that will increase in value the most in coming years.
The Mk2 Capris are also highly desirable. If you can get your hands on the Mk2 1300, you are sure to have one of the best classic car investments on the market at the moment.
However, with only eight 1.3L models on the road (as of 2017), they have become so rare you would have to be extremely lucky to get your hands on one.
Last but by no means least is the MG MGA that rolled off the production line between 1955 and 1962. As one of the most appreciating cars of 2017, the value of some models jumped by a staggering 47%.
Over 101,000 of these English classics had rolled off the production line by 1962. However, most were exported, leaving just 5,900 on the market in the UK.
Both the convertible and coupe versions of the car have proven to be excellent cars to buy for investment, steadily increasing in value over the past decade to become one of the best investment cars.
Although the MG A is not one of the fastest sports cars released, its light steering, lively performance and sleek, beautiful appearance make it a joy to own and drive in addition to being an excellent investment.