There would appear to be an increasing number of people who have been looking for alternative forms of investment in view of the fact that interest rates are so low at the moment resulting in some investing in classic cars. Research has recently been carried out by Footman James to identify the classic cars that have increased most in value in percentage terms in the last 12 months.
The Fiat Dino has increased in value in percentage terms considerably in the past year.
In first place – interestingly, it is the Fiat Dino that would appear to have increased its value in percentage terms by the most in the last year. This less well-known vehicle has gone up in value by 113% that is a huge rise. So, someone that bought one of these classic cars in the last year is likely to be very pleased with this even if they did not buy the vehicle from an investment perspective.
In second place – the Lamborghini Miura has risen in value by 62% over the last year that again is a large increase. It really is a sleek looking high-performance classic sports car that dates as far back as 1966.
In third place – the Peugeot 205 GTI has gone up in value by 44% just in the space of 12 months. This is a more recently manufactured car than the previously mentioned ones as it came into production in 1984. Its powerful 1.9 litre engine made this a nippy little sports hatchback.
In fourth place – the Land Rover Defender came on the scene in 1990. It has grown in value by 43% over the last year. It is obviously used by the likes of farmers and other agricultural workers.
In fifth place – the Golf GTI Mark 1 is a well-known sports hatchback that was manufactured from 1975. It too has risen in value by 43% over a twelve-month period and is sometimes a popular choice of the younger classic car owner.
As you can see, the above classic cars percentage increases in value over the last year have far outperformed what you would have got from the likes of an instant access savings account. Of course, do bear in mind that does not mean to say that this will happen in the future.
