Podcast 26. Pleasure & Profit: Investing in classic cars
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- ΠΠΏΡΠ±Π»ΠΈΠΊΠΎΠ²Π°Π½ΠΎ: 2 ΠΎΠΊΡ 2024
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Join us for the latest episode of the Historics Auctioneers Podcast! This month, our auction specialists are in conversation with David Spicket from The Car Crowd, the fractional car investment platform. Wondering if you can finally own that dream Bugatti Veyron? All your burning questions will be answered.
In this episode, we dive deep into the exciting upcoming auction at Bicester Heritage on the 23rd, giving you a sneak peek at the incredible vehicles up for grabs. And, of course, we can't forget our signature quiz segment that's sure to test your automotive knowledge.
Don't miss out on this thrilling episode - hit that subscribe button and stay tuned for the inside scoop on the world of classic cars and auctions!
Classic cars should be for using, not stockpiling.
Investors cashing in on an enthusiasts hobby, often with no actual interest in the cars, are jacking up prices beyond where enthusiasts are able to afford them, and attracting interest from the Revenue. If they see a loophole being abused, capital gains will soon be in the mix.
These cars should be out and about being enjoyed by all. The sooner there is an almighty crash in values, (long overdue), sending all the investors scuttling off to infect some other amusement, the better.
We have a genuine passion for connecting with enthusiasts who take joy in their cars, regardless of where they fall on the market spectrum. Seeing them out on the road is even better! Thanks for your comment Gordon.
The whole point of classics is the thrill of having it in your garage and driving it when you like.
Thumbs down for this one.
There's definitely something special about owning a classic car and enjoying it whenever you want!
Check out the values they show on their website for a Ferrari 355 or 996 Turbo - about double what they actually sell for!! Tread carefully folks - a lot of people trying to take your money.....
Thank you for your comment! It's important to note that our sales team conducts in-person appraisals, considering a wide range of factors and their extensive experience before valuing a car. The estimates you see on our website are there as a helpful guide, but the final value is determined in the auction room! We hope to see you at our next auction on Saturday, 23rd September at Bicester Heritage.