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Classic Cars: New Gold Rush For Investors?
By: thaddeus reitz
Tend to be Classic cars the new Gold rush for investors? Look at a couple of examples of classic cars that have done perfectly. A Ferrari 250 GTO originally built for British racing legend Sir Stirling Moss sold for a record $35m (£22.7m) in 2012. A decade earlier this classic car was bought for a mere $8.5m. A McLaren F1 has gone for more than $3.5m and costs for $1m-plus cars tend to be accelerating fast, as they become more accessible. The classic vehicle market is in the throws of yet another boom, as well as its definitely not just the super-rich who can benefit.(read
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Category : Business
