Love your car, invest in the affordable
When you think about investing in classic cars, Ford might not be a name that instantly springs to mind
As savvy investors champion alternative commodities such as wine and watches, classic Fords have proved themselves another sound investment, according to Ford in the UK. For those who think there’s no money to be made from cars, think again — total growth over the past decade was 457%. This is a bigger increase than property, which has increased in value on average 20% in the UK in the past decade and 152% since 2000 across Europe. And it’s not just new supercars that command a hefty price tag and appreciate rapidly. "The legendary Ford GT40 supercar accounts for the lion’s share of the most expensive Fords ever to be sold at auction and the new Ford GT, which is being delivered to customers right now, will be our most exclusive car yet — limited to volumes of no more than 250 per year globally," says Jim Farley, Ford executive vice-president and president for Europe, Middle East and Africa. He is a passionate racer and collector, and counts a GT40 in his private collection. "But mo...