Classic cars deliver impressive ROI

Sell Car.uk: Classic cars deliver impressive ROI Classic cars are one of the best investments that can be made in the current economic climate, according to the Historic Automobile Group International (HAGI). The latest installment of the HAGI Top Index, which measures the performance of 50 key collectible classic cars, suggests that their average value advanced by an impressive 13.89 per cent last year. According to Marketwatch.com, this figure grows to an extortionate 21.65 per cent increase in value when excluding Ferrari and Porsche from the list. The figures could make make exciting reading for used car buyers who have invested in a rare or classic vehicle, as they could make a handsome profit when it comes time to sell it on. HAGI founder and life-long motoring enthusiast Dietrich Hatlapa agreed that the classic car sector "has many attractions in this day and age." However, in an interview with Fresh Business Thinking, he was keen to point out that it takes a lot of skill to spot a vehicle worth investing in. He said: "The figures demonstrate very clearly that this is not a uniform market. Performance varies from marque to marque and from model to model. Choice and timing are key and that's what makes it so fascinating."