The best modern cars to invest in for the future
The average value of a car depreciates over time, but some
models are an investment. Driven by supply and demand, these specific models
are likely to increase in value as time goes on. For example, the Porsche 911
is a high performing, low production car which is highly sought-after. This has
meant that the value of the car has increased over the years.
Some of the key criteria to watch out for when determining
if a car is going to be a future classic are rarity, desirability, and style.
It helps if the car has some innovative tech features too. When it comes down
to investing in an awe-inspiring classic car, or investing in your savings,
opting for the car is actually a sound financial decision. Not only do you get
to spend your time driving your dream vehicle, it will also pay you dividends
in years to come.
Here, Grange vehicles, retailers of the stunning Aston Martin DBX,
try to predict which modern vehicles are likely to become future classics.
1.
Aston Martin Vanquish 2002
The epitome of Aston Martin, the Vanquish, is the car from
this British marque that ticks every box — the flagship of this manufacturer.
Firstly, this model is an exemplary grand tourer with 12-cylinder engine and
more than enough torque to propel you into your journey. A majestic and gentle
silhouette encapsulates it as it darts through the air, the Aston Martin
Vanquish was featured in the 2002 James Bond movie Die Another Day, with
less than 1,100 produced.
In 2018, the price of a new Aston
Martin increased by £16,000. With the value of cars from Aston Martin
skyrocketing, some models are even doubling or tripling in price.
2.
Buggati Veyron
Adorned with a 16-cylinder, quad turbo engine, and 0-60mph
in less than three seconds, this supercar is the next multi-million
collectable. In 2012, an unused Bugatti Veyron sold for £579,000. A year later
it went for £1.87 million, and in 2014, sold for £1.96 million. Only 450 of
these vehicles were produced — need we say more?
3.
Land Rover Defender
With production ending in 2016, concluding 68 years of
manufacturing, the Land Rover Defender is tipped as a future classic. With Land
Rover releasing three limited edition Defenders — Heritage, Adventure, and
Autobiography — this trio could prove to be an investment. For example, the
Heritage in the classic Grasmere Green was going for £30,900, preowned prices
with low mileage going for figures closer to £45,000, and pristine vehicles
edging nearer to £75,000.
With SUVs booming in popularity over the last decade across the world, interest in this iconic off-roader is peaking. Since the next generation of the Land Rover was released, this vehicle is perfect for those who don’t like change and desire the original predecessor.
4.
Ferrari Enzo
This is one of the most iconic supercars in the world — only
399 of these were produced, and not many are available for resale despite the
fact that one of the earliest models will be over 10 years old. Inspired by
Formula 1 technology, the advanced features and bodywork make it an
incomparable model, accelerating from 0-60mph in a shocking 3.2 seconds.
The original selling price of a Ferrari Enzo was around £450,000,
going
for $2,699,900 in 2015. These vehicles are expected to continue to increase
in value.
5.
Mercedes-Benz SLR McLaren
An infusion of German and British engineering, the Mercedes
McLaren is a collaborative grand tourer manufactured and sold from 2003 to
2010. A limited edition with 2,157 vehicles produced, this model was a tribute
to the iconic Mercedes-Benz 300 SLR from the 1950s which dominated the 1955
World Sports Car Championship. A 5.4 litre supercharged V8 engine with 617
horsepower and 580lb-ft of torque, it could propel from 0-60mph in 3.4 seconds.
The Mercedes McLaren is more accessible on the preowned
market, you could pick one
up for £242,000, more than triple its original price of around £72,000.
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