are vintage cars a good investment?
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A classic car can be a great addition to your portfolio if you are thinking about taking your love of them to the next level. However, only a relative handful of classic cars will make for a good investment. Some are perennial favorites among collectors, while some forgotten models can become tomorrow's hot commodity.
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But Breguet watches hold a special cache with connoisseurs who are willing to pay high prices for rare or interesting examples. As a result, any vintage or limited edition Breguet represents an excellent investment opportunity and will give you the opportunity to own a true piece of horological art in the process.
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But the reason why today's cars are carrying all those plucks and flourishes is because that's what today's buyers want. ... The reason why today's cars are so expensive is that they're good enough that people will strain and strive to pay for them. In short, they're worth it.
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If you have any older Zippo lighters for sale around, they may be worth some money. The older models tend to be worth more than the newer ones. Yet it all depends on the quality of the item and if it still works or not.
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Few new cars are worth more than half their purchase price after three years, while many will have lost up to two-thirds of their value. ... Ideally, a car will have a complete service history: if not, you can buy some reassurance in the form of a history check.
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A Rolex watch can be a worthwhile investment. If you choose the right Rolex model, you can maintain or increase the value of it even though you wear it. Generally, it's a myth that luxury watches are good investments.
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Older strip malls might have maintenance issues or need upgrades, but even these locations can be worthy investments. Many investors focus in existing locations when considering investment opportunities. ... Even an old strip mall can be repositioned to attract businesses and customers.
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Any classic model Aston Martin is a great investment. Few people have invested in an Aston Martin and regretted it. A classic Aston Martin, that is. Buy a brand-new or year-old model and you're sure to lose money, as with most new cars.
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They are reliable, but the cost of repairs is very high. Since the cars are older and higher mileage the frequency of expensive repairs goes up as the cars age. So, the money you save by buying a high mileage used car must be balanced against the cost of fixing the high mileage used car.
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A good rule is that the cars you own total should be no more than 5 percent of your net worth. If you go by this rule, you should be worth at least $60 million before purchasing a Bugatti and this shouldn't be your only car.
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In general, new cars do lose value quickly. But due to a variety of factors, prices on used cars are indeed high right now. ... Also, a new car isn't always a bad idea. If you intend to own the car for many years — to drive the thing into the ground — then a new car can often be a good choice.
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Being tops in retained value means the WRX STI will help you maximize your money at trade-in. It also helps you get lower lease payments if you don't purchase it.
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Generally, cars coming off of a lease are a good buy, because the cars must be fully maintained during the life of the lease, and the cost of the lease is based considerably on the number of miles to be driven. So if the mileage is reasonable or a little higher, it is still probably a good buy.
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There's only one problem— there are no guarantees a car will be a classic or worth as much as predicted. ... While no car's future value is set in stone—with the help of some factors, like jumps in interest and price—we're able to assume these cars will go on to not only become classics one day but also ascend in value.
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The relatively minimal outlay provides an increased return on investment than for the higher classed cars. So is AMG worth it? Probably not. But if you love taking that country bend closer to the limit then you should, it actually is worth every penny and more.
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Though investing in rare coins can be very profitable, it is more difficult to gauge what the collector market for a particular coin might look like five or ten years down the road. Investing in modern bullion coins, such as Canadian Maple Leaf silver coins and American Gold Eagles, is a great way to get started.
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A classic cars within a category of assets known as 'wasting assets' and the good news is that personal property which is a wasting asset is entirely exempt from capital gains tax. ... Normal motor cars are, therefore, exempt from Capital Gains Tax (CGT). This includes vintage cars of this type.