Events/2016 new york/collector new york
Investing in Collectible Cars
New York, October 2016
Appreciation and Fun! !
!
Collector cars have done better than every other investment class over the past ten years (stocks, jewelry, art, stamps, coins, wines and watches) according to the Knight Frank Luxury Investment Index) Plus...they're a heck of a lot of fun to drive!
Knight Frank Luxury Index
How Much Did This Car Just Sell For?
How about this one?
What to look for !
Matching Numbers
!
COA
!
Tool Kit
!
Rust
!
Get it Inspected
!
Parts Availability
Types of Collector Cars !
!
!
!
Showcar – rarely driven, extremely clean, straight and rust free Unmolested – can have some rust, original patina, original paint, interior can be “messy”, aged but not abused Driver – good to excellent condition, few flaws, can be restored easily to show car status – the most fun to own! Beater – rust bucket, parts missing, may not driveable – must be a rare model to be considered for restoration – expect to spend $$
Looking Ahead !
The market is currently quite well priced.
!
Boosted by low interest rates
!
Boomers love cars
!
Europeans are buyers, still.
!
! !
Americans are looking offshore with the strong dollar Asia is just waking up In each market there is a new generation of future classics:
Alpha Romeo GTV (1970-1976) $25k to $45k
Mercedes Benz 560sl (1986-1989) $10k to $20k (low miles are important)
Porsche 944 (1982-1991) Less than $10k (later years and turbo are better)
BMW 2002 (1966-1977) $5k to 20K (watch out for rust)
Porsche 996 Turbo (2002-2004) $40k to $65k
Porsche 996 (2002-2003) $15k to $30k (IMS issue)
Bargain Basement: Porsche Boxster 2002-2006 (S Model)
Porsche 356 !
$30k for a rust bucket
!
$65k for a driver
!
$100k - $250k for a show car
!
$250k to $500K for speedster
!
$500k to $750k for a Carerra
!
Tool kit ($3k)
New York, October 2016
Appreciation and Fun! !
!
Collector cars have done better than every other investment class over the past ten years (stocks, jewelry, art, stamps, coins, wines and watches) according to the Knight Frank Luxury Investment Index) Plus...they're a heck of a lot of fun to drive!
Knight Frank Luxury Index
How Much Did This Car Just Sell For?
How about this one?
What to look for !
Matching Numbers
!
COA
!
Tool Kit
!
Rust
!
Get it Inspected
!
Parts Availability
Types of Collector Cars !
!
!
!
Showcar – rarely driven, extremely clean, straight and rust free Unmolested – can have some rust, original patina, original paint, interior can be “messy”, aged but not abused Driver – good to excellent condition, few flaws, can be restored easily to show car status – the most fun to own! Beater – rust bucket, parts missing, may not driveable – must be a rare model to be considered for restoration – expect to spend $$
Looking Ahead !
The market is currently quite well priced.
!
Boosted by low interest rates
!
Boomers love cars
!
Europeans are buyers, still.
!
! !
Americans are looking offshore with the strong dollar Asia is just waking up In each market there is a new generation of future classics:
Alpha Romeo GTV (1970-1976) $25k to $45k
Mercedes Benz 560sl (1986-1989) $10k to $20k (low miles are important)
Porsche 944 (1982-1991) Less than $10k (later years and turbo are better)
BMW 2002 (1966-1977) $5k to 20K (watch out for rust)
Porsche 996 Turbo (2002-2004) $40k to $65k
Porsche 996 (2002-2003) $15k to $30k (IMS issue)
Bargain Basement: Porsche Boxster 2002-2006 (S Model)
Porsche 356 !
$30k for a rust bucket
!
$65k for a driver
!
$100k - $250k for a show car
!
$250k to $500K for speedster
!
$500k to $750k for a Carerra
!
Tool kit ($3k)
