The big appetites for exotic, historic and vintage cars, vehicles seen like the only sure bet for investors, is leading to the situation when there will not be enough cars on a global scale to sate the passions. The historic cars’ owners not part with them easily.
The demand for classic cars is at an all-time high, considers The Historic Automobile Group International, whose HAG Top Index measures the performance of 50 key classic cars, quoted by AFP.
The index shows that the classic cars are always an attractive attribute for both collectors and investors.
“It’s simple, there are more billionaires in the world than there are Ferrari 250 GTOs,” said John Collins, founder of Talacrest, one of the UK’s leading classic Ferrari dealers.