Still stunned by the prices some of those classics fetched at the Pebble Beach Auctions? What if you could pick up a used car right now that may one day hold a similar value, or at least be worth a lot more than you pay for it right now? And an investment in a car is obviously far more interesting than boring old stocks and shares and one with the potential to offer a higher – maybe far higher – return. And if nothing else you’ll have a beautiful car to show off with. Here are just five potentially high value suggestions:
Alfa Romeo Duetto Spider
The early 1600 series Duetto Spiders are truly fabulous cars in every way, from their ‘summer romantic’ looks to it’s delicate but nifty handling and excellent twin cam engine. They tend to be priced at around $20,000 – $25,000 right now (although we have seen them cheaper if you’re willing to put in a little work) but have the potential to be worth a great deal more in the future while also looking very pretty in or out of the garage.
BMW E46 M3 CSL
This is a car that is already considered a ‘collectible’ as a mere 1,400 rolled off the line in a single model year – 2004 – and then were never produced again. The M3 is almost always a good bet and the E46 was certainly a very fine example of the class and the CSl was the very best of bunch. It is exceptionally lightweight and the paddle shift givers it a racing edge that is rather exhilarating. Finding a low mileage version of one of these babies might not be easy, but if you can you’ll be investing in pretty much a sure fire future classic.
BMW 3.0 CSL
Sticking with the Germans, this Seventies gem is another classic in the making well worth keeping an eye out for. Great looks, great engine and fabulous performance, along with quite the impressive motorsport track record all set it up for a bright future on the classics market. Once again it was produced in limited quantities – 1,200 at most – mainly because it comes from an era when motorcars were still sold on a walk in basis – but good condition models are out there for $50,000 or so and while that sounds like quite a bit they have the potential to be worth a great deal more not too long from now.
Porsche 996 Turbo
Yes, the Porsche 996 Turbo does suffer a little perhaps, reputation wise anyway, right now for the fact that it has very Boxter-esque front end styling but as a great example of a well engineered, does what its supposed to Porsche the 996 Turbo is currently highly underrated. And as the 930 and 993 Turbos continue to climb the value ladder into the stratospheric range a 996 would be a great investment to hedge your bets on right now.
Ferrari 365 GT 4 2+2
We all know that Ferrari still dominates the high value classic car market – you only have to glance at the 2015 Pebble Beach Top to see that – and this four person may be one of the best ‘sleeper’ investments that can be made in a Ferrari right now.
It’s styling is something that some may raise a bit of an eyebrow at but it is a front-engined V12 from the classic Ferrari GT era and some huge sellers already carry that GT badge. You can also still pick up a decent model for less than $50,000 so if you wanted to get in on what may end up being quite the investment in Italian greatness then now’s the time to do it.