Why certain cars explosive increase in value

Posted on 17-06-2015 to 10:00 pm by CasperH – 90 Comments”

The value of exclusive cars, in recent years, has increased tremendously. In particular, Porsches and Ferrari’s, but also of specific/special models from mainstream brands. What is the cause? And will this bubble ever burst?

As a lover you will undoubtedly not have escaped your notice: the value of a car with a verzamelaarswaarde shoot a lot of air in. There are examples of cars that in a year’s time, in the value are doubled. Now the classics are still somewhat explained, but now are also brand new cars are subject to the price increases. And then we have the not only about the Ritz’s of this world. We have had the past few weeks several emails about the bizarre price increases and, therefore, seemed to us well-here is a comprehensive article to spend. Let’s start to look at the main reasons for the price increases.

Financial situation in the world
If you are going to the bank with your hard-earned pennies, then that today does not make much sense. The interest is minimal, and in most cases even lower than the inflation rate. So it will be interesting to see to other matters to look to get your money in to stop it. Investing is one, but returns to regular investment funds, not too large and there’s basically only make money if you’re willing good to take risks.

Another popular option for people who have is always real estate, but with stagnating prices in the housing market and huge vacancy rates among business properties is also not too interesting. Moreover, the Tax authorities to find you if you have more than one property on your name. The traditional investeringsding in bad economic times is gold, but also the interest in them is weakened when at the end of last year the prices for a kilo of that stuff fell. Cars with a sell collectible seem worth the money to stay when we go to the prices of the last few decades look. And therefore, it becomes suddenly very interesting to see some money in to stop it.

The buyer determines
A read a lot of comment about auctions (or on our track tests with the classics) is that such a car of the requested amount is not worth. Of course, if you have the old-ijzerprijs it holds true that. But what this note is forgotten is that people are willing to pay the price. That Was not the case, then would the cars not be sold and the prices to drop. So call that a car “not worth the money” is nonsense. There is only one person who determines the buyer. You’re frustrated that a car that is outside your range up, that is a different story. But I will get back to later.

Interest in Asia / Russia / America for European brands
In America has always been a lot of interest for European cars. But also growth-economies like those of Russia, China and other (especially Asian) economies, the demand for exclusive sports cars to rise. In some cases, the cars are bought while they are not even license plate set may be, but for collectors -the car as an investment – this is of course not very. There will disappear so more and more beauty in the direction of these regions. That demand for exclusive sports cars in addition to the increasing demand within the Western world, causing even more shortages and even higher prices.

In particular, the classics are popular as collector items. Classic Ferrari’s, Porsches, and specific models of Lamborghini, and Jaguar, for example. But also for our reasonable brands such as BMW and Mercedes seem to be becoming ever more popular. Certainly if there is even a sporty “M” or “AMG” logo on the back is pasted.

Limited-edition prints of new supercars
The Porsche 918, the Ferrari Ritz, the McLaren P1. Piece for piece the cars that are now worth more than when she last year in the showroom ended up. In fact, today was a LaFerarri tipped for $5.000.000 dollars (currently about 4.4 million euros) of owner may change. The new price? About a third of that amount. And these brands are working here simply by the exclusivity enormously by pulling. The cars are in very limited edition, in some cases, you may even only buy if you are already a regular customer with multiple cars. A number of manufacturers, even contracts signed by their customers, which is determined that the vehicle is not within X years of purchase may be resold and/or that the car must first be offered to the manufacturer itself. Bizarre, but the rich people of this world will simply agree because they want the latest toy for their collection.

Anything with a prancing horse on the badge
Two brands that currently hold the crown his Ferrari and Porsche. Almost everything that last brand has brought similar in value to explode as soon as there is also, for example, but “RS” or any other exclusiviteitsbadge to sticks. And that applies not only to the old stuff, also young used cars must remember to believe. Take for example the Porsche 911 GT3 RS Mk II. That went five years ago in the Netherlands, new out the door for about €250,000 euros, but now they go for more than that the second-hand market. And then we also have well-used copies with track experience.

It all seems to follow on price increases in the klassiekerhoek. One of the most sought after classic Porsches is the 911 2.7 RS that is a decade or so ago for about €80.000 euro bought in a fantastic state. Nowadays, you need the tenfold of that amount to bring it to the auction and hope that the rest of the bidders z’n day has not.

At Ferrari it is even worse, particularly in the years ’50 and ’60 models go for crazy amounts away on auctions. With the younger models, it seems a little less intense, but the cars from the 90s begin again considerably in value to rise. You want something that is virtually guaranteed in value increases then you can choose (besides the obvious cars like a F40, F50, Testarossa and Enzo) for a GTO badge.

BRIC countries and the insanity of auctions
We also took get in touch with “friend of the show” Gosse Cage of Gina Classics. He knows like no other that the prices for collectible cars at this time in the elevator to sit. “The number of buyers increases, but also from the BRIC countries (the emerging economies of Brazil, Russia, India and China. Together accounted for 40% of the world’s population). It seems that at this moment in Europe sheds full of cars that are from these countries have already been purchased. Also, I have all viewers and buyers from Russia. But also in our own Europe, the question is not has become less. People are not going to yield enough more out of real estate and interest rates are low. The only market where prices are still harder to appear to rise, is that of the art.”

He continues: “There are sources that say that the increase in the value of cars over the past 60 years been higher that of gold, real estate or the return on the stock market. Of course, there are outliers, but also a good Citroen DS or Volvo Amazon continues to increase in value. Some price increases are quite bizarre, certainly that of the air cooled Porsches and Ferrari’s. Cataracts, however, is not blind to the amounts at auctions to be paid, that is sometimes really over the top because people up against each other.”

The Bubble
In the early ’90 burst a prijsbubbel, as a result of a collapsing world economy. Gosse Cage doesn’t think that this soon will be the case. “We’re at this moment around the world understand in a growth. And the emerging markets grow for the time being. There could one want after a few Rolls royce cars on huge wheels, the beautiful toys for the Sunday afternoon. In addition, there seems to be another difference too, in the early ’90s, there were many people that their purchases were financed. What I have currently in the market see is people with their own money to buy. I can’t substantiate that it is everywhere so, but it seems to be a healthier situation.”

Inaccessibility of your dream car
Many of you will (with me) bales of the huge price increases. Myself, I was hoping that I ever get a vintage Porsche 911 would be able to own, but the practice is teaching me at this moment that I still have very little choice, and the generations which I really like (and that I three years ago together thought to be able to earn) will be unattainable to become in a few years time. Let alone that dream of a Porsche 911 2.7 RS (1972) have in my garage will end up. But there are also ways to take advantage of the rising prices, because those who look closely will see that there are a number of opportunities.

Opportunities
You don’t need to start with a ton of inlays. Also smaller brands and smaller prizes are a great investment. Obviously, the efficiency is somewhat lower, but there is return. The main factors that will have an effect on the increase in value of his business as a complete service history, low mileage and rarity. Cars that fulfill these are also for relatively reasonable amounts of to buy. Think of cars like a Ford Focus RS, Mégane R26.R, a Volkswagen with GTI (older) or R-badge (later). Or, for example, a BMW M product, preferably in a specially flavoured. These are all cars that (provided that in onverprutste condition) over time, more worth the money.

You have a bit more to spend and a longer breath? Young used Lamborghini’s seem at this moment not yet really go along with the huge price increases. Where a Porsche 911 GT3 RS or Ferrari 458 Special is sometimes more worth the money seems to be as soon as the showroom is applying, pointed out to an attentive reader us on the ad of Lamborghini Gallardo LP550-2 Valentino Balboni (limited edition with tweewielaandrijving) do not currently have one and a half tons to cost. Less than the new price, but it will probably be a sought after classic in the future.

Specifically for the Netherlands, you would also be able to look at decent cars of fifteen years of age or older. Cars like this (do) are interesting for businessmen who have no additional tax to pay. And with the stricter rules for the tax will be these cars are also more popular. Even better: buy now a beautiful, competitively priced zakensedan with a low mileage of pak ‘m beet fourteen years old and you can next year may already have a nice appreciation note. Warning in desirable options such as air conditioning and leather upholstery.

UPDATE 1: there is in the comments rightly stated that investment in do is something that may have a limited shelf life has, if one here decides the tax regime again inside out to pull this can go wrong. Long live our government. But at this point, it may still be interesting.

UPDATE 2: click here for our follow-up, Invest in cars: here you need to look out for!

Thanks to Sweder, Jan Jaap and Justin for their mails. Fotocredit: Autojunk.nl