THE GHOST TRAIN
THE FINANCE GHOST: When investing in cars makes sense
Buying a humdrum city vehicle may be a bad investment, but shelling out for shares in the world’s top supercar companies isn’t
11 August 2022 - 05:00
Conventional wisdom tells us that cars are terrible investments. They depreciate and cost a fortune to maintain. That’s true for almost all cars on the road.
When it comes to the exclusive world of supercars, however, the economics can look rather different. Though they hold value far better than your neighbour’s Polo, the real investment lies in the companies manufacturing these cars, provided you exclude the financial nightmare that is Aston Martin Lagonda (down 65% this year)...
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