Vintage cars tend to be grouped by age, for example vintage and veteran cars are generally defined as anything built pre-1930, Post Vintage Thoroughbred cars were built between 1930 and WW2. The term ‘vintage’ covers a wide range of cars and manufacturers and includes many that have never been particularly desirable.

The term ‘classic car’ is difficult to define and has been used to describe nearly any car from the 1940s that has a fan base. In general terms cars over 15 years old begin to gain classic status so from an investment point of view many factors need to be considered. As with most investments the rules of supply and demand apply. The common interest shared by classics is that they have a fan base which creates the initial demand allowing it to retain, or in some cases appreciate in value.

Some cars gain classic status despite selling huge volumes of cars. Most cars have a shelf life and as with antiques, the value is very much based on the condition of the product. A 30 year old car in mint condition is likely to be collectable to someone regardless of it’s popularity at the time.

Many modern classics have emerged because they have a following and this interest increases desirability, desire and value. Even brand new cars can be an investment depending on their desirability. Buying a brand new limited edition sports car is something of a luxury but it isn’t true that all cars depreciate and classic cars should be considered as a serious (if fun) investment opportunity.

http://www.direct.gov.uk/Motoring/fs/en

For a great introduction to the
world of classic car investment visit:
http://uk.cars.yahoo.com/features/classic-cars-intro/

http://www.direct.gov.uk/Motoring/fs/en

BBC Article on Classic Cars http://news.bbc.co.uk/1/hi/business/3181792.stm