A CAR expert has revealed his selection of motors that could rise in value in years to come...
including a very cool convertible that should be snapped up right now for a bargain price. Matas Buzelis, a car expert at carVertical , has picked out a handful of modern classics that currently boast fairly reasonable prices - but like many classic cars nowadays could be worth a fortune in the future . Matas said: “Classic cars are like vintage wine and fine art, they tend to get better with age, but the trick when it comes to investing is knowing what to look for.
“A savvy buyer who picks the right make and model can double their money, but not all classic cars make good investments. “Production volume, price and reason for manufacturing are just some of the factors that determine a car's investment value. “The most iconic and desirable classic cars often come with a hefty price tag, but there are plenty of cheaper options that still make good investments.
“An extremely popular and affordable car made for the masses isn’t going to be highly-sought after, even after many years, and wouldn’t be a good investment choice. “But its highest-spec, most powerful or rarest version could become popular among enthusiasts and be considered a classic worthy of investing in.” Once a staple of British roads across the 1980s and 1990s, a second-hand Sierra could well be worth picking up in 2024 - but only if you’re able to find the very best, high performance examples.
Matas s.
