*Image by Nakhon100 Many people have opted to look at alternative forms of investment with uncertainties around pensions over the last few years. The annual Frank Knight wealth report lists the 'objects of desire' and demonstrates specific sectors' growth. Classic cars are included in this report demonstrating their investment potential. The highlight in the 2020 report was a 1994 McLaren F1 LM spec supercar. Which set a record for the model when it was auctioned by RM Sotheby's at the Monterey sales in August 2019 for US$19.8 million. Analysis by Vanarama and Hagerty Insurance has found that classic
It comes as no surprise that many once familiar sights on British roads are facing extinction. Changes in emissions regulations, scrappage schemes and an ingrained upgrade mentality means that nothing lasts like it used to. It’s sad to think, however, that these parts of history could be lost forever. Insurer GoCompare recently released details of 50 classic cars facing extinction, which include some surprises. Of course, we can always hope they are stored away in garages or barns somewhere waiting to shine again. But for now, these 7 models we feature are down to mere single digits registered on
You would have to have been living under a rock not to have heard about the huge E10 fuel change planned for next year, whereby all E5 petrol will be changed to E10 as the new industry standard. Whilst the government claims that the switch to E10 unleaded fuel with 10% bioethanol mix will reduce vehicle emissions by 750,000 tonnes each year, it will, unfortunately, leave about 600,000 vehicle owners finding their cars incompatible with the new E10. The fact is, this fuel just isn’t compliant with older vehicles, which means classic cars are likely to need expensive upgrades
When the new E10 fuel changes come into effect in 2021, classic car owners may be forced to make extensive mechanical modifications to their vehicles, in order for their cars to be able to run on the new fuel and stay on the road. Experts have warned that the type of changes required could easily cost thousands of pounds, leaving many classic car owners unable to afford the changes they would need to make to keep their cars on the road.
Porsche has unveiled a couple of new head units that should make some classic Porsche car owners very happy. These new head units combine that classic vintage design, but with all of the modern conveniences of today’s in-car-entertainment, including things like Apple CarPlay, DAB+, high-resolution touchscreens, and Bluetooth.