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The classic cars rich list 2016

By raccars Published

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If you'd bought one of these classic cars six years ago, you'd be rich now!

It has already been established that carefully chosen classic cars can be a very sensible and rewarding investment purchase. And statistics recently released by Classic Trader and Classic Management show just how much money buyers have made on certain models. The following classics have seen the biggest price increases over the past six years.

The classic cars you should have bought

Ferrari 550 Barchetta Pininfarina

It's a bit of a stretch to call a car from 2001 a classic, but this was a special limited edition model commemorating Pininfarina's 70th anniversary. If you'd managed to get hold of one of the 448 models made, you'd have been able to enjoy seeing its price rise from about £90,000 in 2010 to about £326,000 now.

Ferrari 250 GT Coupe Pininfarina

A classic Ferrari is a pretty obvious choice for collectors. The 1959 250 GT Coupe Pininfarina went from a value of about £115,000 in 2010 to nearly half a million now.

Talbot-Lago T26 Grand Sport Coupe

A 1949 version of this road legal race car was sold by Bonhams last year for just over a million pounds. In 2010 the same car would have cost about a quarter of that.

Ferrari 212 Inter Europa by Vignale

It's not really a surprise to see a number of Ferraris on this list. Vignale was one of a number of coachbuilders to make limited editions of the 212, and its 1953 version is highly collectable. Its value has grown from about £270,000 half a decade ago to nearly £1.2 million now.

Aston Martin DB4 Vantage Convertible

The DB4 model is not only absolutely beautiful and deeply cool, it has also been a very sound investment for its owners. The average value in 2010 was about £382,000, but has gone up some 329 per cent since then to more than £1.6 million.

Ferrari 500 Superfast

This 1965 Italian stallion was never exactly a bargain, but if you'd paid £470,000 for one in 2010 you could expect to sell it for more than £2 million now.

Ferrari 512 BB

Would you have seen this 1977 Ferrari as a great opportunity back in 2010? It cost about £70,000 then but would have given a 391 per cent return on investment in the meantime and is worth about £350,000 now.

Mercedes-Benz 190SL Roadster

Less valuable than and not as trendy as the 300SL, the 190SL has actually recorded faster growth, up from £33,000 in 2010 to about £170,000 now.

BMW M1

This1981 supercar is seriously trendy at the moment, worth about £450,000 and with values predicted to keep rising. However if you were smart you'd have bought one back in 2010 for about £80,000.

Aston Martin DB2/4 MkII Coupe

This reworking of the DB2 from 1957 wears the deeply cool Aston Martin badge. You could have bought one for about £50,000 in 2010, about a fifth of the current value.

Rolls-Royce Phantom II Continental Drophead Sedanca Coupe

A 1934 model was worth just under £200,000 in 2010 but has gained an estimated million pounds in value since then. Would you sell now or hang on to it in the expectation of even higher profits further down the line?

De Tomaso Mangusta

It's a relatively low profile name but this 1970 car would have been the best place to put your money in 2010, when you could buy one for less than £40,000. Since then the price has gone up fivefold and you're looking at close to a quarter of a million pounds now. Do you know of any savings accounts providing that kind of ROI?

Classic Car Insurance * £84 cover based on a car club member, over 30 with no claims or convictions in the last 5 years driving a car, built pre 1977, valued less than £2,500 doing 1,000 miles per year and stored in a private locked garage.

 

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