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Tuesday, January 22, 2013
How to Invest in Classic Cars
Mohammad Syed, head of strategic solutions at Coutts, says investments
in classic cars have returned 18-20 percent annually on average since
1992. Please bookmark us
Classic cars have been a term that we come across frequently in our lives.But do we ever wonder what the classics actually are.Car dealers say that a Jaguar car after five years can be considered a classic.A Mercedes after 15 years and a BMW after 20 years.What actually determines a classic is actually unbound.Classics are generally cars which have outrun their life but continue to be one of the greatest piece of motor that has ever been designed.
Classic cars have been a term that we come across frequently in our lives.But do we ever wonder what the classics actually are.Car dealers say that a Jaguar car after five years can be considered a classic.A Mercedes after 15 years and a BMW after 20 years.What actually determines a classic is actually unbound.Classics are generally cars which have outrun their life but continue to be one of the greatest piece of motor that has ever been designed.
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