Classic Car News: Vintage Means Value

Paying out for that vintage car of your dreams maystaggering $1 million (around £680,000). However a
leave your pockets feeling light, but in the long run"dog rough 1969-73 DBS V8 is available today for
you may find you have more spare cash than you£5,000-£10,000, while an unkempt 1994-99 DB7 is
thought. Modern cars depreciate in value every year,a shade under £15,000".The joy of owning a classic
however antique or classic cars not only hold theircar that may not be in the best condition is that you
value but also increase in value over time.can restore it to its original beauty or keep it
"Lots of people like new cars," says Tim Schofield,preserved in its current, somewhat aged state.
motoring expert at auctioneers and valuers,Fine craftsmanship, seldom seen and utterly beautiful
Bonhams, "but as soon as you drive these out of the– it's not difficult to see the appeal in classic cars.
showroom, they depreciate like a stone". TheIf you have more money and sense, then you could
Telegraph online reports that ploughing money into achoose a classic car that is worth its own weight in
piece of "automotive art", also known as a classicgold, such as the Aston Martin DB5 (the car driven
car, could be the ideal investment.by James Bond in the Sean Connery era), or the
Finding that perfect vintage vehicle can take time,Ferrari Dino and Lamborghini Miura.
with each model looking, feeling, smelling and movingAccording to AssociatedContent.com, the classic car
differently - with its very own personal nostalgictrend seems to suggest that "classics may be one of
value. According to the Telegraph.co.uk, "a classic carthose things that won't get crushed under the weight
should be a worthwhile investment thanks to theof the economy", having made it through many an
unparalleled joy and satisfaction it's capable ofeconomic breakdown and still coming out on top.
delivering".When taking on the venture of restoring one of the
The Telegraph online reports that some wiselegendary metal masterpieces of the past yourself,
investments could be a 1996-99 Boxter, which can beyou should make sure you don't get caught with
picked up for around £6,000 or the 1989-94 911syour pants down so to speak – the more you
valued at around £8,000. If you have the cash toknow, the more you can do to restore the vehicle to
splash, another investment could be a mint conditionits original beauty.
Aston Martin DB4 GT from 1962-63, which is worth a