Normal
Your observation and the article you posted was very insightful. Long story short the article was about the softening of classic cars as purely investment opportunities. Essentially people believing that if they pick up a genuine GTHO (or similar ) for 500k this year and garage it carefully, it will be worth $1m k in a few years time basically tax free. How long that continues is questionable. Those will long memories will recall the philatelic investment bubble of the seventies and eighties.Its obviously true that from an emissions POV classic cars put out bugger all because1) There are very few of them2) They spend almost all their lives in climate controlled garagesIn fact almost all their emissions will be from maintenance activities !From what I can see there is a significant market in restoration and mechanical/technological upgrades of classic cars like Jags. I could see this trend spreading to older Mercs as well perhaps? To date the updates have been around electricals, heating/cooling, better gearboxes, upgraded brakes and handling, quality sound systems. These are all discreetly integrated into an immaculately restored body that is effectively a bespoke 21st Century car in a 20th century shell. At what stage this upgrade goes electric is interesting. The cost of these vehicles would parallel the new cost of a current luxury car. But after all that is exactly what it is.[URL unfurl="true"]https://www.automotiveworld.com/news-releases/jaguar-e-type-upgrades-e-type-uk-transforms-british-icon-capable-modern-driver/[/URL][URL unfurl="true"]https://www.motorauthority.com/news/1125561_british-firm-converts-old-jaguars-and-rolls-royces-to-electric-power[/URL][URL unfurl="true"]https://driving.ca/jaguar/features/feature-story/these-companies-will-convert-your-classic-into-an-ev[/URL][URL unfurl="true"]https://www.forbes.com/sites/nargessbanks/2020/08/20/electric-rolls-royce-phantom-v-by-lunaz/?sh=328fe40470be[/URL]
Your observation and the article you posted was very insightful. Long story short the article was about the softening of classic cars as purely investment opportunities. Essentially people believing that if they pick up a genuine GTHO (or similar ) for 500k this year and garage it carefully, it will be worth $1m k in a few years time basically tax free. How long that continues is questionable. Those will long memories will recall the philatelic investment bubble of the seventies and eighties.
Its obviously true that from an emissions POV classic cars put out bugger all because
1) There are very few of them
2) They spend almost all their lives in climate controlled garages
In fact almost all their emissions will be from maintenance activities !
From what I can see there is a significant market in restoration and mechanical/technological upgrades of classic cars like Jags. I could see this trend spreading to older Mercs as well perhaps? To date the updates have been around electricals, heating/cooling, better gearboxes, upgraded brakes and handling, quality sound systems. These are all discreetly integrated into an immaculately restored body that is effectively a bespoke 21st Century car in a 20th century shell.
At what stage this upgrade goes electric is interesting. The cost of these vehicles would parallel the new cost of a current luxury car. But after all that is exactly what it is.
[URL unfurl="true"]https://www.automotiveworld.com/news-releases/jaguar-e-type-upgrades-e-type-uk-transforms-british-icon-capable-modern-driver/[/URL]
[URL unfurl="true"]https://www.motorauthority.com/news/1125561_british-firm-converts-old-jaguars-and-rolls-royces-to-electric-power[/URL]
[URL unfurl="true"]https://driving.ca/jaguar/features/feature-story/these-companies-will-convert-your-classic-into-an-ev[/URL]
[URL unfurl="true"]https://www.forbes.com/sites/nargessbanks/2020/08/20/electric-rolls-royce-phantom-v-by-lunaz/?sh=328fe40470be[/URL]
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
