Hunting for a sound investment?

Classic cars offer better investment returns than luxury property, art and jewellery – with some models doubling in value inside five years.

Only fine wine has proved a better place for your money in the last year with cars from Porsche, Ferrari and Mercedes showing record increases.

The booming market is at odds with new cars which cost motorists thousands of pounds in depreciation as soon as a car is driven off the forecourt.

But the beauty of modern classics is that they’re actually going up in value – and quicker than ever before.

Long-term finance deals are proving an increasingly popular way for owners to make money with affordable monthly payments.

And even taking into account the interest on these finance deals, the cars are still worth thousands more after just four years.

Cars from the 80s, 90s and 00s are proving the safest money havens with hot demand from buyers wanting to get behind the wheel of motors that once adorned bedroom wall posters.

Source: Hunting for a sound investment? Look no further than the luxury car market