Porsche classic values beat them all...
Discussion
Interesting results, in all but 3 months last year the values of classic Porsches showed amazing annual gains resulting in growth of 32.06% 
Bare in mind, the benchmark Ferrari growth was only 17.53% and the (asset-class) market in general advanced only 15.84%, it's plain to see the money has been piling in.
Figures have only really been tracked for 6 years and although the Ferrari index is still the classic car's market leader, Porsche is catching up quick. Great for the have's, slightly depressing for us have-not's but none the less, incredibly interesting for anyone watching. Poor previous values and this good values can explain some growth, a perceived robustness of the cars themselves another but the next couple of years should be very interesting. On the one hand we have low interest rates for at least another year, on another snap elections in Greece and a very nervous euro-zone!
Figures; www.historicautogroup.com
Bare in mind, the benchmark Ferrari growth was only 17.53% and the (asset-class) market in general advanced only 15.84%, it's plain to see the money has been piling in.
Figures have only really been tracked for 6 years and although the Ferrari index is still the classic car's market leader, Porsche is catching up quick. Great for the have's, slightly depressing for us have-not's but none the less, incredibly interesting for anyone watching. Poor previous values and this good values can explain some growth, a perceived robustness of the cars themselves another but the next couple of years should be very interesting. On the one hand we have low interest rates for at least another year, on another snap elections in Greece and a very nervous euro-zone!
Figures; www.historicautogroup.com
Edited by LaurasOtherHalf on Saturday 24th January 18:21
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