Are Classic Cars More Valuable Than Gold?
New research indicates that classic cars can nearly double in value over ten years, making classic cars more valuable than gold or art. Vanarama has analysed fifteen classic cars considered to be ‘affordable’ options at less than £15,000 per model. Their value was tracked over the last decade (between 2010 and 2020), drawing on data from Hagerty, a classic car specialist. What they discovered was perhaps surprising to many – that the average classic car increased in value by 97% during this time period. This equates to an average increase of over £14,400 – nearly double the original value. Of