Articles

The best modern cars to invest in for the future

by Natasha Christou Digital Marketing Consultant

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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About Natasha Christou Freshman   Digital Marketing Consultant

5 connections, 0 recommendations, 38 honor points.
Joined APSense since, July 10th, 2019, From Newcastle Upon Tyne, United Kingdom.

Created on Jun 24th 2020 04:55. Viewed 503 times.

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