Tag Archives: Classic Cars
Classic Cars as Alternative Investments
Owners of classic cars have bought them for a number of reasons whether it is to restore, drive, admire or sell and hopefully make some money. So, let’s look at classic cars as an investment- a little different to your bank or building society savings account! Between the periods 1980 to 2008 US Shares raised by five times their 1980 … Continue reading
Classic Cars To Be MOT Exempt
One less expense if you are the proud owner of a classic car or motorbike! From 18 November 2012 you will no longer need to have your classic car put through the MOT test. This amendment will cover around 162,000 cars built before 1960 that are presently on the roads. Ministers feel that classic cars are better looked after than … Continue reading
Vintage Bentley Set To Become Most Expensive British Classic Ever Sold
An old classic Bentley will be sold in the open market for a record price of £5 million, making it the most expensive British classic ever to be sold. The 1929 Bentley 4.5 Litre, which belonged to British racing champion Sir Henry ‘Tiger Tim’ Birkin, shot to fame when it touched a staggering 137mph during the illustrious Brooklands Outer Circuit in … Continue reading
HAGI Index Raises More Questions Than Answers
Although classic cars have proved to be reliable investment assets with stellar returns on equity, some say that there is quite a bit of irregularity between the top performers in the classic car collectible lot and the seemingly-obvious choices. The recently-published HAGI (Historic Automobile Group International) Index listed 50 of the most profitable investment collectibles in the classic car market. … Continue reading
Seventeen Cars To Be Certified ‘Classic’ In The Coming Decade
2011 witnessed seventeen vehicles coming to the end of their respective assembly lines. From the relatively unheard-of Nissan Altima Hybrid to the farmer fancies like Ford Ranger and even the running favourites such as the popular Mitsubishi Eclipse have been taken off production. Industry experts are speculating that each one of these seventeen cars can be expected to be called … Continue reading
Classic Car Insurance Is No Ball Game!
Nowadays, getting your hands on that cheap classic car insurance is nothing short of a cakewalk. The multitude of car insurance comparison websites that have sprung up ensures that one finds the best deal possible. There’s an air of impartiality and consideration to your needs, and based on the availability, you can come to an informed decision. Two and two. … Continue reading
Classic Car Event Held In Chester
Classic car enthusiasts had another moment to cheer recently, when CES, a car parts distributor based in UK, held a classic car show event in the city of Chester. The event came ahead of the Winter Challenge Rally, also sponsored by CES, a four day rally that goes on to Monte Carlo. The classic car show had about 70 gleaming … Continue reading
Tips To Bagging That Perfect Classic Car Cover
Getting your hands on cheap classic car insurance is getting easier by the day. The multitude of price comparison websites ensures that you find the best deal there is, and without having to leave the comfort of your home. You can see what’s available and choose the policy that suits you best. Everything is so transparent, impartial and competitively priced, … Continue reading
Classic Cars To Be Judged On More Than Just Age
With classic automobiles commanding high stature in the investment and insurance spheres, the Government feels it is high time that classic cars had stricter standards to adhere to, in order to attain optimum market bragging rights and lenient insurance premiums. According to sources, simply the age of a classic car will not be the highlighting factor to acquire a commanding … Continue reading
Government Proposes To Exempt Classics From MoT Test
The government has proposed to provide an exemption from the MoT test to all classic cars or cars built before 1960. This is mostly due to beliefs that these cars are better run and maintained by owners. Most classic cars have lower accident rates as compared to recent models. This could also be due to the fact that about two … Continue reading
