Why classic cars are roaring into investment funds
By Reuters
23 April 2023 |
7:29 am
Investors are spending billions of dollars annually on classic cars, whose market has expanded beyond a comparatively small community of collectors to include investors drawn by the prospect of high returns.
In this article
Related
Related
28 Jun 2019
Experimental artist, Diseye Tantua is creating unconventional furniture using car parts from the '90s. The 44-year-old, Ghanian-Nigerian says he hopes his pieces will help preserve the history and memories he believes are contained in the pre-loved vehicles.
23 Apr
Investors are spending billions of dollars annually on classic cars, whose market has expanded beyond a comparatively small community of collectors to include investors drawn by the prospect of high returns.
Latest
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Saturday.
1 day ago
Pope Francis heads Friday (September 22) to Marseille for a two-day visit focused on the Mediterranean and migration, and bringing a message of tolerance amid bitter debate over how Europe manages asylum seekers.
1 day ago
Aid agencies in Libya said local authorities and charities are struggling with the scale of the disaster. Survivors are now at risk from the spread of diseases such as cholera.
1 day ago
For one group, at least, the erection of the Berlin Wall on August 13, 1961 was a stroke of luck. Over the following decades, the Wall would be the lifeblood of the East German secret police, known as the Stasi.
1 day ago
Often the only way to identify the dead after natural disasters, like Libya's floods or Hawaii's wildfire, is with DNA, fingerprints and dental records.
1 day ago
Polish consulates reportedly handed out visas to migrants from Asia and Africa in exchange for thousands of dollars. The allegations could hurt Poland's anti-migration ruling party in upcoming elections.