“From the Junk yard to your garage”
— Stan Wright (Full Dekk Motors Founder)
Classic cars are emerging as a new investment battleground. If you go back 25 years ago, you were able to purchase some exotic cars for about $25,000. Today they're worth $1 million or more. Figures from the annual report released earlier this year showed a "truly investment-grade car" bought in 2004 would have appreciated by up to 487 per cent over the past 10 years.
A new investment analysis of collectibles shows that classic cars are vastly outperforming the art market and were the top-performing collectible investment over the past year.