A particularly difficult feat to do, in many ways it’s like picking the winning lottery numbers – you’re not just saying a Volkswagen Golf, for example, but a Volkswagen Golf Mk4 GTi 25th Anniversary edition.
When you read the list – which obviously is a complete guess at this stage – you’ll no doubt question some of the choices. However, this is something that every car owner has done right throughout time – except for the most obvious cars that are going to become classics and make for fantastic investments (we’re talking along the lines of Ferraris, etc), how many owners do you think thought “Well, I’ve got a 1953 Ford Anglia – this is DEFINITELY going to earn me some money if I keep hold of it”?
And that essentially brings us to our point today, which is there are some cars that will without doubt offer a great return on your investment, as they’re destined to become classics – but to all intents and purposes, keep any car for long enough (and in the right condition) and you’re almost always going to be onto a winner.
The reason behind this is as the classic car industry grows, whilst people don’t become any less interested in the most popular classics, more become interested in the other marques and models.
Look at our example of the Ford Anglia above. If you’re only new to the industry, you might think any real talk about its popularity today is over-exaggerated. However, if you attend one of the major classic car shows, you’ll not only see a Ford Anglia area, but you’ll see specific model-type areas, such as for the 100E.
Having a huge following, a lot of this comes down to the fact the 100E was a great car (which attracts people who remember them well when they were first built), but it’s also partly due to it not being one of the most popular classics out there, something that’s often of interest to younger buyers who are on the look out for an ‘unusual’ car.
And it’s because of this why in many ways, if you buy a relatively popular car today and keep it in the best condition you possibly can, there’s very little reason why you won’t at least make your money back on it in years to come.
It may not be in 10 years time and we could be looking at several decades down the line, but the more time passes, the more a car is likely to become a classic and as such, it’s almost guaranteed there’ll be someone, somewhere who’ll have a desire to buy it.